Automattic IPO

automattic.com

Automattic was founded in 2005 by Matt Mullenweg. The company has not officially endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Automattic is the parent company behind a number of prominent blogging and communication platforms, most notably Wordpress and Tumblr. Decentralizing and democratizing internet communication is central to the company's mission, and much of its work is Open Source and available under the GPL. Wordpress, the company's flagship platform, is reported to account for more than 40% of websites on the internet, and WooCommerce, the company's e-commerce platform, is quickly becoming a prominent platform for online storefronts. The company has received nearly $1 billion in venture capital funding from investors including Wellington Partners, Schonfeld Strategic Advisors, ICONIQ Capital, and BlackRock. Automattic has a $7.5 billion valuation.

Founded2005
Total Funding to Date$571MM
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Automattic Ticker Symbol

Automattic does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

Major Investors for Automattic

True Ventures
Insight Partners
Tiger Global Management
Salesforce Ventures
ICONIQ Capital
Polaris Partners
Akkadian Ventures

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