Squarespace, Inc. (SQSP)


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June 18, 2024


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About the Company

Squarespace, Inc. is an American website building and hosting company based in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages. In 2003, Anthony Casalena founded Squarespace as a blog hosting service while attending the University of Maryland, College Park. He was its only employee until 2006 when it reached $1 million in revenue. The company grew from 30 employees in 2010 to 550 by 2015. By 2014, it raised a total of $78.5 million in venture capital; added e-commerce tools, domain name services, and analytics; and replaced its coding backend with drag-and-drop features. It began trading on the New York Stock Exchange on May 19, 2021. According to W3Techs, Squarespace is used by 1.9% of the top 10 million websites.

Sector

Technology

Industry

Services-Prepackaged Software

Employees

2657

Exchange

NYSE

$1B

Total Revenue

3K

Employees

$0M

Market Capitalization

-519.63

Price/Earning ratio

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