PALO ALTO, Calif. September 1, 2021 — Duda, a leading professional web building platform for digital agencies and SaaS companies, is announcing that it has acquired Snipcart, an eCommerce solution that lets businesses add a shopping cart to any website. The acquisition comes hot on the heels of a successful round of $50M in Series D Funding, bringing its total funding to $100M thus far.
The global pandemic has changed the way we consume goods and services, with the eCommerce market forecasted to grow by 50% to an estimated $6.3 trillion by the year 2024. Duda has already seen a staggering increase of 265% year-over-year in eCommerce sites being built on its platform, driving the company to make the acquisition in order to further accelerate its growth in this space. With the addition of Snipcart, Duda’s customer base will benefit from a highly flexible eCommerce solution that can make any data or inventory they have shoppable while offering the tools needed to easily sell either physical or digital products, add shopping carts, accept one-time payments, or on-going subscriptions, and all under a seamless and beautifully designed online buying experience.
Snipcart’s dynamic team of experienced developers, marketers, and managers has built a state-of-the-art eCommerce platform used by thousands of customers worldwide. Their focus on flexibility and modern eCommerce store design is very much aligned with Duda’s product vision of providing its customers with beautiful and modular eCommerce solutions. Duda plans to use its acquisition of Snipcart to double down on its eCommerce capabilities in order to provide both superior technology offerings and to welcome an experienced team into its ranks.
Duda allows web professionals to rapidly build websites at scale by utilizing tools for automating site building, easier collaboration with clients, advanced customer service, and capabilities to achieve pixel-perfect designs without a need to code. Websites built on Duda outperform other industry-leading tools, as the platform is optimized to ensure every site built is ranking high on Core Web Vitals and other important SEO factors. Duda reduces average website build time by 50-75%, allowing web professionals to scale their businesses faster than normally possible.
Duda will continue to offer its existing eCommerce solution, alongside Snipcart. The existing eCommerce solution has a strong and loyal following, used by many of Duda’s customers to add website buying experiences and will stay in place for customers that prefer to keep using it. In addition, Duda will continue to support it and expand on its capabilities.
The acquisition will also be beneficial to existing Snipcart customers. Duda plans to invest heavily in growing the team and adding more capabilities and features to the core Snipcart platform. Snipcart will continue to offer its product independently to customers.
“With this exciting step, we intend to strengthen Duda’s presence within the marketplace and focus on providing a robust eCommerce solution, we believe that in Snipcart we found an innovative and flexible platform and a super passionate team that we are excited to welcome into the Duda family,” said Duda CEO and Co-Founder, Itai Sadan.
“We’re thrilled to join Duda! We cherish our bootstrap beginnings, but this booming market gave us a sense that we were only scratching the surface of how far we could get,” said Snipcart CEO, Francois Lanthier Nadeau. “When Duda approached us, we discovered strong synergies within this partnership. You rarely find an acquiring company that is technologically, culturally, and financially aligned. I have no doubt that with the focus on growing eCommerce and the combined resources of both companies there is no limit to what we can achieve together.”
Duda and Snipcart have already started work on the integration, which is expected to be released in early-2022.
Duda is the leading web design platform empowering digital marketing agencies and SaaS companies to create and manage their customers' digital presence. Offering an extensive range of eCommerce tools, scalable client management offerings, team collaboration solutions, top-tier SEO support, white labeling, and marketing capabilities, Duda’s award-winning no-code platform enables agencies to reach higher productivity and unprecedented growth. Since launching in 2010, 14 million websites have been built on Duda by over 20,000 agencies and web professionals. Headquartered in the U.S. with offices in Israel, Canada, and Brazil, Duda has raised more than $100 million in funding to date. For more information, visit www.duda.co.
Snipcart is a developer-first, low-footprint commerce platform. Its frontend is stack-agnostic, its back-office; feature-rich. It’s a startup from beautiful Québec City, Canada, and has been running for 8+ years. The team values sharing, laughing, and neat code, in that order.