Wix.com Ltd.

Corporate affairs

Wix was founded in 2006 by Israeli developers Avishai Abrahami, Nadav Abrahami, and Giora Kaplan. With its main offices in Tel Aviv, Wix was backed by investors Insight Venture Partners, Mangrove Capital Partners, Bessemer Venture Partners, DAG Ventures, and Benchmark Capital.

By April 2010, Wix had 3.5 million users and raised US$10 million in Series C funding provided by Benchmark Capital and existing investors Bessemer Venture Partners and Mangrove Capital Partners. In March 2011, Wix had 8.5 million users and raised US$40 million in Series D funding, bringing its total funding to that date to US$61 million.

By August 2013, the Wix platform had more than 34 million registered users.

On 5 November 2013, Wix had an initial public offering on NASDAQ, raising about US$127 million for the company and some shareholders.

In 2016, Mark Tluszcz became the chair of the board of directors.

In 2020, Wix's revenue increased to $989 million, a 30% rise year-on-year, primarily due to the shift of businesses online during the coronavirus pandemic. The company added over 31 million new registered users in 2020, reaching a total of 196.7 million by year's end. Wix added approximately 1 million net new premium subscriptions in 2020, surpassing $1 billion in annual collections for the first time. By the end of the year, there were 5.5 million premium subscriptions, a 22% increase compared to the end of 2019.

As of its most recent reporting in June 2024, Wix has over 260 million users worldwide.

In May 2026, Wix announced layoffs affecting approximately 1,000 employees, or 20% of its workforce. CEO Avishai Abrahami cited two factors: the need to restructure around artificial intelligence and the appreciation of the Israeli shekel against the US dollar, which increased the cost of its Israel-based workforce relative to its dollar-denominated revenue.

Product development

2000s

Wix entered an open beta phase in 2007 using a platform based on Adobe Flash.

2010s

In June 2011, Wix launched the Facebook store module, making its first step into social commerce.

In March 2012, Wix launched a new HTML5 site builder, replacing the Adobe Flash technology.

In October 2012, Wix launched an app market for users to sell applications built with the company's automated web development technology.

In August 2014, Wix launched Wix Hotels, a booking system for hotels, bed and breakfasts, and vacation rentals that use Wix websites.

In June 2016, Wix introduced Wix ADI (Artificial Design Intelligence), a platform that uses artificial intelligence to design websites.

2020s

In 2020, Wix launched an additional CMS, EditorX, which included additional CSS features to the original builder.

In July 2023, Wix announced that it would be building on its ADI technology to create an AI powered website generator

In October 2023, Wix launched the Wix Studio website builder. Co-founder and CEO, Avishai Abrahami described the platform as a “product for agencies”.

In March 2024, the AI web builder, which uses a chatbot to help users create content was launched to the public.

In March 2025, the digital publisher CNET has identified Wix as the "Best overall website builder overall."

In August 2025, Wix announced it would launch banking services—including checking accounts and loans for small businesses—via a partnership with Israeli fintech Unit Finance, as it sought to diversify amid what it described as threats to its core website-building business from artificial intelligence.

In January 2026, Wix launched Wix Harmony. Wix harmony is an AI website builder that uses agentic technology, generative design and vibe coding —with manual editing features for additional control.

Mergers and acquisitions

In April 2014, Wix announced the acquisition of Appixia, an Israeli startup for creating native mobile commerce (mCommerce) apps. In October 2014, Wix announced its acquisition of OpenRest, a developer of online ordering systems for restaurants.

In April 2015, Wix acquired Moment.me, a mobile website builder for events and marketing tools for social lead generation.

On 23 February 2017, Wix acquired the online art community DeviantArt for US$36 million.

In January 2017, the company acquired Flok, a provider of customer loyalty programs tools.

In February 2020, Wix acquired Inkfrog for eBay sellers, a web design company that provides customized business management software for eBay sellers.

On 2 March 2021, Wix acquired SpeedETab, a Miami-based restaurant online technology provider.

In May 2021, Wix acquired Rise.ai, a gift card and customer re-engagement package for online brands. A month later, Wix acquired Modalyst, a marketplace and drop-shipping platform.

In May 2025, Wix acquired Hour One, a startup specializing in AI-powered video creation tools, to enhance its generative AI capabilities.

In June 2025, the company acquired Base44, owned by independent entrepreneur Maor Shlomo, with the intention of integrating Base44's artificial intelligence capabilities and conversational interface into Wix's website and app building platform.