Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues621m784m867m1.0b1.2b1.4b1.6b
% growth28 %26 %11 %17 %19 %15 %12 %
EBITDA54.2m(202m)50.0m131m267m332m393m
% EBITDA margin9 %(26 %)6 %13 %22 %24 %25 %
Profit30.6m(249m)(252m)(7.1m)31.3m57.4m54.7m
% profit margin5 %(32 %)(29 %)(1 %)3 %4 %4 %
EV / revenue-5.6x3.8x4.7x5.4x4.7x4.1x
EV / EBITDA--21.8x66.4x36.6x24.4x19.4x16.3x
R&D budget168m190m227m242m---
R&D % of revenue27 %24 %26 %24 %---
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DateInvestorsAmountRound
-

N/A

-
N/A

$20.0k

Angel

$38.5m

Series A

$40.0m

Series B

NOK215k

Grant

NOK100k

Grant

$200m

Valuation: $1.7b

Secondary

€50.0k

Grant

$300m

Valuation: $10.0b

16.1x EV/LTM Revenues

184.3x EV/LTM EBITDA

Growth Equity VC
N/A

N/A

Valuation: $6.5b

10.5x EV/LTM Revenues

119.8x EV/LTM EBITDA

IPO
N/A

N/A

Buyout
*

N/A

Post IPO Equity
*
N/A

N/A

Secondary
*
N/A

N/A

Secondary
*

$6.9b

Valuation: $6.9b

Buyout
Total Funding$379m

Recent News about Squarespace

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More about Squarespaceinfo icon
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Squarespace is a dynamic company that operates in the online publishing and website building market. It provides a platform that allows individuals and businesses to create and maintain professional websites without needing advanced technical skills. Squarespace serves a diverse range of clients, including small business owners, entrepreneurs, artists, and bloggers, who seek an easy-to-use, all-in-one solution for their online presence.

The company operates primarily in the Software as a Service (SaaS) market. This means it offers software that is accessible via the internet, typically through a subscription model. Users pay a recurring fee to access Squarespace's suite of tools and services, which include website templates, e-commerce capabilities, and marketing tools. This subscription-based business model ensures a steady stream of revenue for Squarespace, as clients continue to pay for ongoing access to the platform and its features.

Squarespace makes money through several revenue streams. The primary source is subscription fees from users who sign up for its website building and hosting services. Additionally, the company offers premium services and add-ons, such as custom domain names, email marketing tools, and advanced e-commerce functionalities, which users can purchase for an extra fee. Squarespace also partners with third-party service providers to offer additional features and integrations, further enhancing its revenue potential.

The company is known for its commitment to employee well-being, offering competitive benefits such as premium medical, dental, and vision coverage, paid family leave, and flexible work arrangements. This focus on a supportive work environment helps attract top talent, which in turn drives innovation and growth.

Keywords: website builder, online publishing, SaaS, subscription model, e-commerce, small business, entrepreneurs, templates, marketing tools, employee benefits.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Squarespace

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Brace
ACQUISITION by Squarespace Nov 2014
Acuity Scheduling
ACQUISITION by Squarespace Apr 2019
Tock
ACQUISITION by American Express Jun 2024