Webflow, a website-building SaaS company founded in 2013, has acquired its first start-up, Intellimize. Terms of the acquisition have not been disclosed, but Intellimize was reportedly purchased for a price in the “eight-figure” range.
The acquisition marks Webflow’s expansion into the market optimization sector. Intellimize is a platform that offers AI-driven website personalization and conversion rate optimization. Founded in 2016, Intellimize has raised over $50 million from various investors at the time of acquisition.
Since 2013, Webflow has grown to raise over $330 million at a $4 billion valuation. Acquiring Intellimize to respond to customers’ needs in an increasingly AI-driven space is a step forward in website design and Webflow’s presence in the sector.
Halifax-based medical device company ABK Biomedical, Inc. (“ABK Biomedical”) has raised US$35M in Series D financing to support the commercialization of its innovative liver cancer treatment.Founded…
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Provision Software Corporation (“Provision”), a Toronto-based AI technology company, is developing tools that empower pre-construction professionals to work more efficiently and profitably…
Cybrid Technology Inc. (“Cybrid”), a Toronto-based fintech startup, has secured a US$10-million Series A funding round to help financial institutions and companies integrate its stablecoin payment…
FleetWorks, a startup co-founded by Quang Tran, has raised US$17 million to make freight matching faster and smarter. The funding round – led by First Round Capital with participation from Y…
Amazon One Medical (“One Medical”) is launching a pay-per-visit virtual healthcare platform for children aged 2-11. This marks Amazon’s latest move to expand its presence in the healthcare sector. The…
