Automattic is the company behind many of the web’s most widely used publishing and commerce tools, including WordPress.com, WooCommerce and Jetpack. Its products power blogs, media sites, stores and enterprise content platforms with an emphasis on openness, extensibility and performance. Automattic supports creators, developers and businesses with hosting, developer APIs, enterprise support and tools for monetization. The company combines remote-first engineering with a strong open-source culture, investing heavily in community-driven development and tooling that helps maintain WordPress as the backbone of a significant portion of the public web.
What Is Automattic and What Does It Do?
Automattic, founded in 2005 by Matt Mullenweg, is a San Francisco–based (United States) open-source platform and enterprise publishing company that develops and operates WordPress.com, WooCommerce, WordPress VIP and related services. Automattic employs 788 people, building hosting, site-builder, e-commerce and developer tools that enable individuals and organizations to publish, sell and scale online.
Automattic’s mission centers on democratizing publishing: it maintains open-source projects, provides managed infrastructure for scale, and equips publishers with SaaS-grade features while preserving extensibility for developers and agencies.
How Much Funding Has Automattic Raised?
1. Series E
- Amount Raised: $275M
- Date: February 17, 2021
- Lead Investors: Institutional growth investors
- Motivation: Expand product portfolio and enterprise services.
2. Series D
- Amount Raised: $300M
- Date: September 19, 2019
- Lead Investors: Growth funds and strategic backers
- Motivation: Support scaling WordPress.com and infrastructure.
3. Series D (Tranche)
- Amount Raised: $80.7M
- Date: December 26, 2019
- Lead Investors: Strategic and institutional investors
- Motivation: Strengthen engineering and global expansion.
Total Funding Raised: $896 Million
Current Valuation: $7.5 Billion (as of Oct 2021)
Latest Funding Date: February 2021
Key Investors
1. Tiger Global Management
- Details: High-profile growth investor backing global internet businesses.
- Investment Focus Areas: Consumer internet, SaaS, marketplaces.
- Notable Investments: Stripe, ByteDance, Roblox, Peloton, JD.com.
2. Insight Partners
- Details: Global software-focused growth investor that scales enterprise platforms.
- Investment Focus Areas: SaaS, cloud, developer tools.
- Notable Investments: Shopify, Monday.com, WalkMe, Pluralsight, Qualtrics.
3. 2B Global / Savano Capital Partners
- Details: Growth investors participating in late-stage funding rounds.
- Investment Focus Areas: Private equity and growth-stage technology.
- Notable Investments: Diverse portfolio across consumer and enterprise tech.
Where Is Automattic’s Headquarters?
Automattic is headquartered in San Francisco, United States, while operating as a largely distributed company with engineering and operations worldwide.
What’s Next for Automattic?
Automattic will likely continue investing in WooCommerce commerce capabilities, accelerate enterprise WordPress offerings, strengthen developer tooling, and expand infrastructure to support higher-scale multimedia and commerce workloads while maintaining open-source commitments.
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