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Automattic Stock

automattic.comConsumer & LifestyleFounded: 2005Funding to Date: $571MM

Automattic develops web-based content management systems and tools. Their products include WordPress.com, WooCommerce, Tumblr, Cloudup, SimpleNote, and more. Automattic was founded in 2005 by Matthew Mullenweg, Kinsey Wilson, James Barkley, and Samuel Anthony and is headquartered in San Francisco, CA.

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Overview Financings Valuation

Enterprise Value (based on primary financings)

Enterprise Value

View Enterprise Value for Automattic.

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Automattic investors also invested in these private companies

True Ventures

Automattic, Enveda Biosciences, Handshake, Prellis Biologics, 3DR, Duo Security, Solo.io

Insight Partners

Jasper AI, Fanatics, The Farmer's Dog, Vinted, Wiz, SingleStore (MemSQL), Cruise, Builder.ai, Apollo Graph, Sysdig

Tiger Global Management

Humane, Databricks, Commonwealth Fusion, Cohere, Chime, Ather Energy, EquipmentShare, Relativity Space, Outreach, Cresta

Salesforce Ventures

Databricks, Automation Anywhere, Outreach, Dialpad, Wiz, Miro, Airwallex, Guild Education, Narvar, Wefox

Polaris Partners

Egnyte, ByHeart, PathAI, Automattic, Freenome, FloQast, Art.com, XANT (InsideSales.com), Lob

ICONIQ Capital

Chime, Miro, Builder.ai, Fivetran, Loom, Wolt, SendBird, GoFundMe, Perfect Day, Orca Security

Akkadian Ventures

Automattic, Lime

BlackRock

Helion Energy, Fanatics, ConsenSys, Epic Games, SambaNova Systems, Motive, Rivian, Relativity Space, PsiQ, Mythic

Aglaé Ventures

Sweetwater Private Equity

ThoughtSpot, Savage X Fenty, HeartFlow, Automattic, Blink Health

Team

Management Team

Nick Gernert

Chief Executive Officer, WordPress VIP

Paul Maiorana

Chief Executive Officer, WooCommerce

Matthew Mullenweg

Co-Founder, Chief Executive Officer & Board Member

James Grierson

Chief Executive Officer, Jetpack

Mark Davies

Chief Financial Officer

Jeff McWilliams

Chief Accounting Officer

Paul Sieminski

Chief Legal Officer & Head of Corporate Development / M&A

Board Members

Philip Black

True Ventures

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News

WP Tavern 03/13/2023

Automattic Acquires ActivityPub Plugin for WordPress

Automattic has acquired the ActivityPub plugin for WordPress from German developer Matthias Pfefferle, who will be joining the company to continue improving support for federated platforms.

TechCrunch 02/21/2023

Tumblr iOS revenue increased 125% since launching its parody of paid verification

Tumblr’s parody of paid verification has already delivered the social network and blogging platform a 125% boost in iOS in-app purchase revenue since November, according to a new analysis of the app’s in-app consumer spending.

Search Engine Journal 01/13/2023

Automattic Announces Blaze Ad Network Of Millions of WordPress.com & Tumblr Sites

Automattic introduced a new ad network called Blaze which places advertising on free WordPress.com websites and Tumblr. Advertising starts at $5/month.

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