Automattic IPO

automattic.comSocial NetworkingFounded: 2005Funding to Date: $571MM

Automattic was founded in 2005 by Matt Mullenweg. The company has not officially endorsed a plan to participate in an IPO.

Automattic is the parent company of WordPress, the most broadly used online publishing platform which, according to the company, powers more than 32 percent of the web. The company has raised over $500 million in Venture Capital funding from investors including SalesForce Ventures, eBrands.vc, MicroVentures, Savano Capital Partners, Lowercase Capital, True Ventures, Endurance Capital, Insight Partners, ICONIQ Capital, and Tiger Global Management. Per company press releases, Automattic last raised $300 million in September 2019 at a post-money valuation of around $3 billion.

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Valuation

Date of Last Funding Round

May 2014

Amount Last Raised

$1.17 B

Value at Last Round

$160 MM

Total Funding to Date

$190 MM