<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-26</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001842731</issuerCik>
        <issuerName>SIMILARWEB LTD.</issuerName>
        <issuerTradingSymbol>SMWB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001969639</rptOwnerCik>
            <rptOwnerName>Seror Benjamin</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>true</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>C/O 33 YITZHAK RABIN RD.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GIVATAYIM</rptOwnerCity>
            <rptOwnerNonUSStateTerritory></rptOwnerNonUSStateTerritory>
            <rptOwnerCountry>L3</rptOwnerCountry>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Ordinary Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>316250</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Restricted Share Units, each representing one Ordinary Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>18750</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Restricted Share Units, each representing one Ordinary Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>40000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Restricted Share Units, each representing one Ordinary Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>60000</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Restricted Share Units, each representing one Ordinary Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>80000</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Options to purchase one Ordinary Share</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.38</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2021-11-09</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2030-11-08</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Ordinary shares, par value NIS 0.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>18750</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Options to purchase one Ordinary Share</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3.04</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2021-01-29</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2031-01-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Ordinary shares, par value NIS 0.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>231250</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting Person was granted restricted stock units (&quot;RSUs&quot;), which each represent a contingent right to receive one ordinary share of Similarweb Ltd (the &quot;Company&quot;). The RSUs vest in 25% after one year period &amp; 12 equal installments every quarter afterwards with the first vesting date on 02/15/2024, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.</footnote>
        <footnote id="F2">The Reporting Person was granted restricted stock units (&quot;RSUs&quot;), which each represent a contingent right to receive one ordinary share of Similarweb Ltd (the &quot;Company&quot;). The RSUs vest in 25% after one year period &amp; 12 equal installments every quarter afterwards with the first vesting date on 02/15/2025, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.</footnote>
        <footnote id="F3">The Reporting Person was granted restricted stock units (&quot;RSUs&quot;), which each represent a contingent right to receive one ordinary share of Similarweb Ltd (the &quot;Company&quot;). The RSUs vest in 25% after one year period &amp; 12 equal installments every quarter afterwards with the first vesting date on 02/15/2026, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.</footnote>
        <footnote id="F4">The Reporting Person was granted restricted stock units (&quot;RSUs&quot;), which each represent a contingent right to receive one ordinary share of Similarweb Ltd (the &quot;Company&quot;). The RSUs vest in 25% after one year period &amp; 12 equal installments every quarter afterwards with the first vesting date on 02/15/2027, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.</footnote>
        <footnote id="F5">The Options are fully vested &amp; immediately exercisable.</footnote>
    </footnotes>

    <remarks>This Form 3 has been filed after March 18,2026 but prior to April 20,2026 in reliance on the temporary relief made available to the directors and officers of certain foreign private issuers by the Staff of the Securities and Exchange Commission in its no action letter dated March 13,2026.</remarks>

    <ownerSignature>
        <signatureName>Benjamin Seror by: Oppenheimer Israel, as Attorney-in-fact</signatureName>
        <signatureDate>2026-03-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
