Squarespace

Website building platform for individuals and businesses

New York City, New York, United States

About Squarespace

Squarespace provides a platform for individuals and businesses to create and manage professional websites without needing technical skills. Users can choose from a variety of website templates and utilize tools for e-commerce and marketing, all accessible through a subscription model. This means clients pay a recurring fee to use Squarespace's services, which include hosting and additional features like custom domains and email marketing. Unlike many competitors, Squarespace focuses on an all-in-one solution that caters to a diverse clientele, including small business owners and artists. The company's goal is to empower users to establish a strong online presence while also fostering a supportive work environment for its employees.

New York City, New YorkHeadquarters
2003Year Founded
$368.3MTotal Funding
IPOCompany Stage
Consumer Software, Enterprise SoftwareIndustries
1,001-5,000Employees

Benefits

Health insurance with 100% premium covered for you and your dependent children
Fertility and adoption benefits
Retirement benefits with employer match
Flexible vacation & paid time off
Up to 20 weeks of paid family leave
Equity plan for all employees
$100 per month remote stipend
Education reimbursement
Employee donation match to community organizations
7 Employee Resource Groups across locations

Risks

Emerging AI-driven competitors may erode Squarespace's market share.
Permira's acquisition could disrupt operations or alienate existing customers.
Economic uncertainties may reduce spending on premium website subscriptions.

Differentiation

Squarespace offers a comprehensive suite of tools for website building and e-commerce.
The company partners with artists like Jeff Koons for unique web template designs.
Squarespace's Blueprint AI enhances personalized website creation for users.

Upsides

Growing demand for no-code platforms aligns with Squarespace's user-friendly tools.
Remote work trends increase the need for personal and professional websites.
Integration with social media expands e-commerce opportunities for Squarespace.

Funding

Total raised$368.29 M
Latest valuation$7.20 B
StageIPO
BUYOUT
9/30/2024
$7.2 K
$7.20 B
SECONDARY
11/30/2017
$200
$1.70 B
SERIES B
3/31/2014
$40
$200.00 M
SERIES A
6/30/2010
$38
$192.50 M
ANGEL
12/31/2003
N/A
$100.0 K