Durable, the AI-powered website builder and small business platform, has secured $14 million in Series A funding, led by Spark Capital, with participation from existing investors Torch Capital, Altman Capital, Dash Fund, South Park Commons, Infinity Ventures, and Soma Capital. Having raised over $20 million to date, Durable aims to be the default platform, enhancing the efficiency of every aspect of running a business.
In just one year, Durable has facilitated the creation of over six million websites, focusing on leveling the playing field for business owners by providing powerful and user-friendly AI tools. Acting as a 24/7 website designer, marketing agency, accountant, and Chief Operating Officer, Durable enhances efficiency and fosters sustainable growth for small business owners globally.
The new funding will be utilized to accelerate the Durable product roadmap, enhance AI capabilities, and expand the Durable team.
James Clift, Founder and CEO of Durable, stated, “There are nearly one billion small businesses globally that operate without employees and with limited support. Those are the new entrepreneurs we are powering with AI. With this new capital, we are excited to continue to expand our services and equip aspiring entrepreneurs with the power of 24/7 support and exponential AI-powered employees.”
Natalie Sandman, General Partner at Spark Capital, commented, “Not only are James and the Durable team doing this in their own right, but they are also creating a global platform for entrepreneurs to do the same with a frictionless user experience powered by AI.”
Katie Reiner, Principal at Torch Capital, emphasized the impact of Durable’s product, stating, “The overwhelming response to Durable’s product is indicative of the phenomenal product and user experience that James and the team at Durable have built.”
Durable is committed to transforming the narrative around business ownership, making it a viable and attractive option globally. By integrating entrepreneurship and AI, the platform empowers business owners to be more efficient, innovative, and build resilient companies.