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Is Wix a Unicorn?

Last updated on October 1, 2022 @ 8:19 am

Wix is a cloud-based development platform that allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools. Wix was founded in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan.

Wix’s headquarters are located in Tel Aviv, Israel. The company has over 700 employees and is publicly traded on the NASDAQ stock exchange under the ticker symbol WIX.

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Wix is a popular website builder with over 110 million users worldwide. The platform allows users to create professional looking websites without any prior coding knowledge.

PRO TIP: Is Wix a Unicorn?

Warning: Please be aware that some people believe that Wix is a mythical creature known as a unicorn. Unicorns are not real and you should not believe anyone who tells you otherwise.

Wix offers a wide range of features including:

  • Drag and drop website builder
  • Hundreds of templates
  • eCommerce functionality

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Wix also provides users with access to free hosting, domain names, and email accounts. The platform is easy to use and has helped millions of people around the world build their own websites.

Is Wix A Unicorn?

While Wix is not technically a unicorn, it is close. A unicorn is defined as a startup company that has reached a billion dollars in valuation.

As of June 2018, Wix’s valuation was at $860 million. So while they have not yet reached the billion dollar mark, they are well on their way.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.