Squarespace - Economic Audit
Supply Chain & Sourcing Relationships
Squarespace describes its business as a software platform and does not present itself as a produce retailer, food importer, or physical-goods distributor 12.
No public evidence identified of a Squarespace relationship with Mehadrin, Hadiklaim, Galilee Export, Agrexco, or an Agrexco successor 12.
No public evidence identified of a Squarespace subsidiary, joint venture, or dedicated entity acting as importer of record for Israeli or settlement-origin goods 3.
No public evidence identified of recurring seasonal procurement of Israeli dates, avocados, citrus, herbs, potatoes, or other fresh produce by Squarespace 14.
Squarespace’s product terms allocate responsibility for products sold through customer websites to the relevant customer or merchant, rather than describing Squarespace as the seller of those goods 4.
No public evidence identified of Israeli-origin physical products reaching Squarespace-controlled inventory through distributors, resellers, or private-label arrangements 14.
Product Origin, Labeling & Regulatory Compliance
No public evidence identified of Squarespace buying, importing, stocking, or selling goods originating in the West Bank, Jordan Valley, East Jerusalem, or Golan Heights 567.
Squarespace does not appear in the 2023 OHCHR settlement-business database update or the 2025 A/HRC/60/19 update, which is a document-scoped absence and not proof that no Squarespace service has ever been used in a settlement 56.
Human Rights Watch’s 2018 settlement-listings report examined Airbnb and Booking.com, while the Squarespace string in the report is a hyperlink or reference artifact rather than evidence of a Squarespace settlement listing or commercial relationship 7.
No public evidence identified of a regulatory citation involving Squarespace for labeling settlement goods as “Produce of Israel” 14.
No public evidence identified of a Squarespace policy specifically governing sourcing or country-of-origin labeling for goods from occupied or contested territories 4.
Squarespace’s general product terms place responsibility for products and legal compliance on merchants using its services 4.
Investment, Capital & Financial Exposure
No public evidence identified of Squarespace-owned factories, data centres, logistics hubs, offices, research centres, accelerators, or real estate in Israel or occupied territory 132.
Squarespace’s disclosed subsidiary structure included entities in the United States, Ireland, United Kingdom, Australia, Netherlands, Poland, and Portugal, with no Israeli subsidiary listed 3.
Squarespace disclosed material acquisitions of Tock for approximately $425.7 million in 2021 and Google Domains assets for approximately $180.7 million in 2023, neither of which was described as an Israeli company or Israeli operating subsidiary 18.
Tock was subsequently sold to American Express in October 2024 9.
Permira funds completed an approximately $7.2 billion acquisition of Squarespace on 17 October 2024, after which Anthony Casalena remained CEO and chair and rolled over a substantial majority of his equity 9.
The September 2024 transaction filing estimated post-closing indirect ownership at approximately 33.3% for Casalena, 8.4% for GA SQRS II, and 9.0% for Accel 10.
Permira separately agreed in May 2024 to acquire a majority interest in behavioural-biometrics company BioCatch at a $1.3 billion valuation, and identified BioCatch as having offices in Tel Aviv 11.
Permira announced an intended $2.4 billion sale of BioCatch to Visa in August 2026, subject to approvals at the time of announcement 12.
Permira established an Israel leadership function in 2020 under Tel Aviv-based Ran Maidan and cited prior Israeli investments including Netafim and NDS/Synamedia 13.
Accel announced a $650 million eighth early-stage fund for Europe and Israel in January 2025 and identified Cyera, Melio, and Snyk among Israeli portfolio examples 14.
General Atlantic lists a Tel Aviv office, and its October 2024 Form ADV identifies Tel Aviv among its international offices 1516.
A 2022 CTech report stated that General Atlantic had invested approximately $750 million in Israeli companies, but that figure is secondary reporting rather than a current audited portfolio total 17.
No source reviewed establishes that Permira, Accel, or General Atlantic’s Israeli investments are held on Squarespace’s balance sheet, as these are sponsor-level investments 1109.
No public evidence identified of Squarespace holding Israeli sovereign bonds, Israel Bonds, Israel-focused funds, or issuer-identified securities in Israeli-domiciled companies 1.
Squarespace’s 2023 filing disclosed $194.2 million in money-market funds but did not identify issuer-level Israeli exposure 1.
No public evidence identified of Squarespace underwriting or arranging Israeli sovereign or war bonds, selling Israel Bonds, providing insurance, lending, or trade finance to the Israeli state, Israeli defence primes, or OHCHR-listed settlement companies 1819.
Squarespace is not identified in the reviewed PAX financier report or the reviewed DBIO materials 1819.
No public evidence identified in reviewed public ownership materials of a material personal or family-office investment by Anthony Casalena in an Israeli company 10.
Squarespace states that it matches employee donations to nonprofits chosen by employees up to $/€600 annually, while no recipient-level public ledger identifying Israel-related or settlement-related beneficiaries was located 20.
Operational Presence & Market Activity
Squarespace’s 2023 filing identified its headquarters at 225 Varick Street in New York and offices in Chicago and Dublin 1.
Squarespace’s current company page lists New York, Dublin, and Aveiro, Portugal, with no Israeli office listed 2.
At 31 December 2023, Squarespace reported 1,749 employees: 1,530 in the United States, 185 in the European Union, 30 in Australia, and four in the United Kingdom 1.
Squarespace did not disclose an Israel-based workforce in its 2023 filing 1.
Squarespace states that it serves customers in more than 200 countries and territories 92.
Squarespace Commerce documentation supports Israeli-shekel pricing for stores whose connected bank accounts are in supported United States, United Kingdom, Australian, or European jurisdictions 21.
Squarespace’s legal notice and terms state that customers outside the United States contract with Squarespace Ireland Limited, an Irish company registered under number 527641 and Irish VAT number IE3041081MH 2223.
No public evidence identified of Israeli incorporation, tax residency, Preferred Technology Enterprise status, or disclosed Israeli VAT registration for Squarespace 322.
No public evidence identified of Squarespace characterising Israel as a strategic market, regional hub, or separately material market 1.
Squarespace reported that approximately 30% of 2023 bookings were outside the United States but did not identify Israel separately 1.
No public evidence identified of a Squarespace office, merchant, reseller, listing, or direct revenue relationship specifically located in an Israeli settlement in the West Bank, including East Jerusalem, or the Golan Heights 567.
Squarespace’s acquisition by Permira closed after the July 2024 ICJ advisory opinion and before the November 2024 ICC warrants, while the cited corporate materials do not establish settlement activity 921.
Corporate Structure & Foundational Ties
Squarespace was founded by Anthony Casalena in 2003 while he was a student at the University of Maryland 124.
Squarespace was not founded in Israel 124.
Squarespace, Inc. was incorporated in Delaware and maintained its principal executive office in New York before becoming privately held following the October 2024 Permira transaction 19.
No public evidence identified that Squarespace has its headquarters or principal management in Israel, holds Israeli tax residency or Preferred Technology Enterprise status, or is beneficially controlled by Israeli capital 13102.
The disclosed post-transaction ownership structure comprises Permira-affiliated acquisition entities and rollover investors Casalena, General Atlantic, and Accel 109.
The separate Israel offices and investments of Permira, General Atlantic, and Accel do not establish Israeli beneficial control of Squarespace 109131415.
No public evidence identified of Israeli state ownership, an Israeli government-appointed director, an Israeli government or IDF/IMOD contract, an Israel Innovation Authority award, or designation of Squarespace as Israeli critical national infrastructure 13.
No public evidence identified of an Israeli golden share, Israeli state veto, mission restriction, or charter provision tying Squarespace to Israeli state policy 109.
Squarespace is not substantively examined as a company in A/HRC/59/23, where references to static1.squarespace.com are citations to third-party material hosted through a Squarespace customer or CDN account 25.
The March 2025 Ensuring Genocide report similarly contains Squarespace-hosted URLs in citations to third-party Maersk material and does not identify Squarespace as an insurer, investor, underwriter, shipper, or arms supplier 26.
The reviewed DBIO, PAX, BDS, KLP, Amnesty International, and Who Profits materials do not identify Squarespace as a target company in their relevant lists or reports 181927282930.
Profit Repatriation & Economic Contribution
Squarespace reported approximately $1.012 billion in 2023 revenue, comprising $726.0 million attributed to the United States and $286.3 million to international markets 1.
No individual international country represented more than 10% of Squarespace’s total international revenue in 2023, and Israel was not separately disclosed 1.
No public evidence identified of Israel-specific Squarespace revenue, bookings, profit, payroll, or tax payments 1.
Squarespace Ireland Limited is the contracting entity for non-US customers, but that fact alone does not establish where taxable profit is recognised or whether a particular customer’s profit is remitted to the United States 2223.
No public evidence identified of globally generated Squarespace profits being repatriated to an Israeli-domiciled owner 1310.
No public evidence identified of an Israeli government or industry assessment describing Squarespace as a key employer, sector anchor, dominant national platform, or critical infrastructure provider 12.
Squarespace ceased NYSE trading after the October 2024 transaction, and no public 10-K-equivalent covering 2025–2026 was identified in the supplied record 9.
The disclosed subsidiary exhibit permits omission of insignificant subsidiaries, and a complete current private-company subsidiary register was not available in the supplied record 3.
Footnotes
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https://www.sec.gov/Archives/edgar/data/1496963/000149696324000010/sqsp-20231231.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16 ↩17 ↩18 ↩19 ↩20 ↩21 ↩22 ↩23 ↩24 ↩25
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https://www.squarespace.com/about/company ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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https://d18rn0p25nwr6d.cloudfront.net/CIK-0001496963/4aa08958-2424-49b5-be56-80a1cdff8577.pdf ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8
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https://www.squarespace.com/product-specific-terms/ ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session31/database-hrc3136/23-06-30-Update-israeli-settlement-opt-database-hrc3136.pdf ↩ ↩2 ↩3
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https://digitallibrary.un.org/record/4091616/files/A_HRC_60_19-EN.pdf ↩ ↩2 ↩3
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https://www.hrw.org/report/2018/11/20/bed-and-breakfast-stolen-land/tourist-rental-listings-west-bank-settlements ↩ ↩2 ↩3
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https://www.squarespace.com/press-releases/2021/3/31/squarespace-acquires-tock-the-online-reservations-takeout-and-events-platform-to-advance-hospitality-offering ↩
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https://www.squarespace.com/press-releases/2024/10/17/permira-completes-acquisition-of-squarespace ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10
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https://www.sec.gov/Archives/edgar/data/1496963/000114036124041205/ny20030653x16_sc14d9.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8
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https://www.permira.com/news-and-insights/announcements/permira-to-acquire-majority-position-in-biocatch-at-13bn-valuation ↩
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https://www.permira.com/news-and-insights/announcements/permira-agrees-sale-of-biocatch-to-visa ↩
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https://www.permira.com/news-and-insights/announcements/ran-maidan-joins-permira-as-head-of-israel ↩ ↩2
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https://www.accel.com/news/our-commitment-to-exceptional-teams-across-europe-and-israel ↩ ↩2
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https://www.generalatlantic.com/wp-content/uploads/2025/03/General-Atlantic-Service-Company-L.P.-Part-2A-of-Form-ADV-The-Brochure.pdf ↩
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https://www.banktrack.org/article/more_than_800_european_financial_institutions_are_bankrolling_israel_s_illegal_annexation_new_research_finds ↩ ↩2 ↩3
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https://paxforpeace.nl/wp-content/uploads/sites/2/2024/06/The-Companies-Arming-Israel-and-Their-Financiers-June-2024.pdf ↩ ↩2 ↩3
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https://support.squarespace.com/hc/en-us/articles/205811248-Supported-countries-and-currencies-for-Squarespace-Commerce ↩ ↩2
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https://www.un.org/unispal/document/a-hrc-59-23-from-economy-of-occupation-to-economy-of-genocide-report-special-rapporteur-francesca-albanese-palestine-2025/ ↩
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https://www.alhaq.org/cached_uploads/download/2025/03/11/ensuring-genocide-report-1741690872.pdf ↩
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https://www.klp.no/en/corporate-responsibility-and-responsible-investments/exclusion-and-dialogue ↩
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https://www.whoprofits.org/writable/uploads/publications/1668630886_81fd6b82b80761f6a853.pdf ↩