What is Automattic?
Automattic operates at the intersection of web infrastructure and digital commerce, providing the essential tools that power a significant portion of the modern internet. Best known for its stewardship of WordPress.com, the company offers a sophisticated array of cloud-based services designed to facilitate site creation, content management, and online business operations. By prioritizing accessibility and scalability, Automattic has successfully transitioned from a niche publishing platform to a critical component of the global digital landscape, supporting diverse workflows across various devices and international markets.
How much funding has Automattic raised?
Automattic has raised a total of $934.3M across 7 funding rounds:
Series A
$1.1M
Series B
$29.5M
Other Financing Round
$75M
Series C
$160M
Series D
$300M
Unspecified
$80.7M
Unspecified
$288M
Series A (2005): $1.1M with participation from Polaris Partners, True Ventures, and Blacksmith Capital
Series B (2008): $29.5M led by Radar Partners, The New York Times Company, Polaris Partners, and True Ventures
Other Financing Round (2013): $75M supported by ICONIQ Capital
Series C (2014): $160M featuring Iconiq Capital, Insight Venture Partners, and True Ventures
Series D (2019): $300M backed by Salesforce Ventures
Unspecified (2019): $80.7M, investors not publicly disclosed
Unspecified (2021): $288M led by Schonfeld, Alta Park, Wellington, and BlackRock
Key Investors in Automattic
True Ventures
True Ventures is a founder first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance and a strong community to help build enduring technology and artificial intelligence driven companies.
Polaris Partners
Polaris Partners is a venture capital firm that specializes in backing transformational companies in the biotech and healthcare sectors, providing coaching, advice, and resources for growth.
ICONIQ Capital
ICONIQ Capital is a privately-held investment firm providing financial advisory and family office services, with a focus on technology growth equity and venture capital.
What's next for Automattic?
Looking ahead, Automattic is poised to leverage its recent capital influx to accelerate product innovation and deepen its penetration into the enterprise software market. The strategic focus will likely center on enhancing the integration of commerce-driven features and AI-enhanced content tools, which are essential for maintaining market leadership in the site-building industry. As the company continues to scale, its ability to balance the needs of individual users with the complex requirements of global enterprises will be the primary driver of its long-term valuation and operational success.
See full Automattic company page
