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Vlad Magdalin

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How Webflow Reached Nearly 30,000 Customers and 100% Year-Over-Year Growth (Interview with Vlad Magdalin)

Vlad Magdalin (CEO of Webflow) spoke to Nathan Latka on July 23, 2018.

Webflow figures from the interview

Customers (2018)
Approaching 30,000
Average Revenue per Customer (2018)
$40 per month
Year-over-Year Growth (2018)
100%
Team Size (2018)
65
Total Raised
$2.9M
“So Webflow is a SaaS service. It's a web design and publishing company. We're basically the power of WordPress and the user interface of Photoshop married together. So you can do really complicated marketing websites, launch them, run them in production and like have crazy design control over the whole thing.”
“Average customer is about $40 a month. So still on the low side, a lot of freelancers, a lot of our customers are people who make websites for small businesses. So instead of paying $7 a month or $10 a month for Squarespace, they'll pay like 2,000 to $3,000 to a freelancer who pays us to use our software to create a website for them.”
“The last money we raised was in August 2013, right after we got out of YC. So we raised about 2,900,000. But after that, we got profitable, cash flow positive, and just been kind of funding operations with customer revenue.”

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Bio

Vlad Magdalin is the founder and CIO of Webflow, a company that is working on empowering designers and entrepreneurs to design, build, and launch websites and applications without having to learn how to code. In a past life, he studied to become a 3D animator with dreams of working at Pixar, but happened to fall in love with the power of programming for the web midway through art school. Most days, you can find him on Twitter yelling into the cloud about how NoCode is going to change the world. At home, he’s outnumbered by two unstoppable daughters and an amazing wife, who constantly remind him that there's so much more to life than growing the business bottom line.

Company

Webflow

San Francisco, United States · Founded 2012

Revenue
$212.5M
Funding
$217.8M
Team size
1.6K
Customers
30K

Company profile →CEO interview →

Also at Webflow