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Venture Capital News: Squarespace Raises $300M

2021-03-17
NEW YORK, NY, Squarespace has raised an approximately $300 million investment at an enterprise valuation of $10 billion.
Squarespace, the all-in-one website building and ecommerce platform, today announced it has raised an approximately $300 million investment at an enterprise valuation of $10 billion. The round includes new investors Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House with participation from existing investors Accel and General Atlantic. The proceeds from the financing will advance Squarespace's growth initiatives and mission to enable anyone to build a brand and transact with their customers in an impactful and beautiful online presence.

Squarespace's mission is to provide creative tools that power the future of the web. From designers creating the next generation of web and mobile experiences, to anyone managing their own online presence for the first time, Squarespace provides elegant solutions that set new standards for online publishing. By focusing our efforts on the fusion of design and engineering, we strive to create long-lasting products that delight and surprise our customers. Squarespace's team of 285 is headquartered in downtown New York City.
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