Wix announces Wix Capital, Internal Venture Arm to Invest In Global Startups

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NEW YORK, Sept. 16, 2020 /PRNewswire/ — Wix.com, Ltd. the global leader in website creation, announced today its own venture capital initiative, Wix Capital, to invest in technology innovators that are focused on the future of the web and that look to accelerate how businesses operate in today’s evolving digital landscape. Wix Capital’s specific areas of focus include software and technology companies that sit at the intersection of online design and development, commerce and business management and AI and automation solutions. Wix Capital aims to participate in seed and early stage investment rounds worldwide.
Wix has rapidly grown from a startup to a multi-billion dollar company with over 180 million users worldwide and more than 4,000 employees globally. Its talents and expertise from its history of success, as well as relationships it has built, can be passed onto founding teams to help them scale.
“Given Wix’s success, the Wix team understands building a world class team while keeping a strong start-up culture,” said Lior Shemesh, Wix Chief Financial Officer. “Launching Wix Capital will help us stay on top of emerging trends in our fields and be a targeted effort of allocating strategic support to companies that are looking at us as an example …

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