Beehiiv Acquires AI-Based Website Builder TypedreamHQ, Surpasses $10M ARR

Jun 25, 2024, 03:19 PM

Beehiiv, a company known for its powerful newsletter platform, has announced the acquisition of TypedreamHQ, an AI-based website builder. This acquisition marks a significant step in Beehiiv's expansion strategy, which aims to integrate powerful newsletters and websites. Beehiiv, founded 2.5 years ago, has previously raised a $12.5M Series A and a $33M Series B, and recently surpassed $10M in annual recurring revenue (ARR). TypedreamHQ, founded in 2021, has focused on making it easy to create beautiful websites. This acquisition positions Beehiiv to compete with major players like Mailchimp and Wordpress, representing a multibillion-dollar opportunity. Beehiiv hinted at a new chapter and announcement, stating 'no one's safe'.