Weebly Stock Insights and Business Overview

Weebly is a popular website builder that allows users to create and design websites without needing extensive coding knowledge. Weebly was founded in 2006 by David Rusenko, Dan Veltri, and Chris Fanini.

Weebly's platform offers a range of features, including drag-and-drop website builders, e-commerce tools, and integrations with third-party apps. The platform has gained popularity among small businesses and individuals looking to create an online presence.

Weebly was acquired by Square in 2018 for $365 million, a significant event in the company's history.

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Square, a leading mobile payments company, has acquired online website creator Weebly in a cash and stock deal worth $365 million.

The acquisition is expected to close during the second quarter of 2018, pending regulatory approval. Square will continue to operate independently until the closure of the transaction.

Weebly has over 625,000 paid subscribers worldwide, with around 40% of them living outside the US, which will help Square expand its customer base internationally.

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Square's CEO Jack Dorsey said the company began its journey with in-person solutions, while Weebly started online, and they can now go further and faster together.

The deal will enable Weebly customers to access Square's ecosystem of managed payments, hardware, and software. This will perfectly complement Weebly's services, including web hosting, web designing, online store, and marketing tools.

David Rusenko, CEO of Weebly, said the acquisition will help expand Weebly's vision to help entrepreneurs succeed beyond their website.

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Weebly has raised a total of $76.67M in funding over 6 rounds.

The company's valuation was estimated to be between $455 - $490M in April 2014, following a Series C funding round.

Weebly's latest post-money valuation is from April 2018, although the exact amount is not publicly disclosed.

Here's a brief overview of Weebly's funding rounds:

With Weebly's inventory management tools, you can manage a handful or hundreds of products anytime, anywhere. This means you can keep track of your products and supplies from anywhere, whether you're at the office or on the go.

You can track inventory and manage supply with ease, which is especially helpful if you have a large number of products. This also allows you to show customers the number of items remaining, creating urgency and boosting buying behavior.

For example, you can display "only 2 left!" to encourage customers to make a purchase. This can be a powerful marketing tool to drive sales and keep customers engaged.

Weebly has raised a significant amount of money over the years, with a total of $76.67M raised across 6 rounds of funding.

The company's valuation has also fluctuated over time, with a valuation of $455 - $490M in April 2014.

Weebly was acquired by Block in April 2018, but the exact valuation at that time is not publicly disclosed.

The company has received funding from various rounds, including Series A, Series B, Series C, Option/Warrant, and Acquired.

Here is a breakdown of Weebly's funding rounds:

Note that the exact amounts and investors for some of the funding rounds are not publicly disclosed.