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Automatticrevenue, valuation & funding

WordPress Hosting ProvidersSan Francisco, CaliforniaFounded 2005CEO Matt Mullenweg

Automattic, founded in 2005 by Matt Mullenweg, is the company behind wordpress.com, WooCommerce, and Jetpack.

automattic.comLinkedInUpdated Oct 7, 2026
Annual revenue
$500M
Oct 2024 · Yahoo Finance
Latka Top
#5
of 1,372 interviewed companies
Valuation
$7.5B
Aug 2021
Total raised
$985.9M
8 rounds
Employees
1,744
Apr 2025

Automattic revenue

Automattic's annual revenue was $500M in October 2024 (Yahoo Finance), the most recent figure on record. Automattic is #5 on the Latka Top, level with one other. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.

As ofRevenueSource
Dec 2012$45M–
2017Over $100MMatt Mullenweg on cameraWatch at 16:26into the nine figures, under $1B; exact figure declined
Apr 2021$418.3M–
Oct 2024$500MYahoo Finance

– source not recorded

Automattic valuation

Automattic is privately held, so there is no Automattic stock to buy. Investors valued it at $7.5B in August 2021.

Valuation history$7.5B Valuation 2021$200M Series B 2008

Automattic funding rounds & investors

Automattic has raised $985.9M across eight rounds since 2005. The latest was a $288M funding round in February 2021.

DateRoundRaisedValuationSource
Feb 2021Funding round$288M–ma.tt
Dec 2019Venture$80.6M––
Sep 2019Series D$300M––
May 2014Funding round$160M–Matt Mullenweg on cameraWatch at 15:06
Sep 2013Funding round$75M––
May 2013Funding round$51.7M––
2008Series B$29.5M$200MMatt Mullenweg on cameraWatch at 12:33
Oct 2005Series A$1.1M––
Total raised$985.9M

Interviews with Matt Mullenweg

Nathan Latka has interviewed Automattic once, speaking with Matt Mullenweg. Each figure links to the second it was said.

Watch: How Automattic Reached Nine-Figure ARR with 650 People Across 62 Countries (Interview with Founder & CEO Matt Mullenweg)

Matt Mullenweg, Founder & CEO

How Automattic Reached Nine-Figure ARR with 650 People Across 62 Countries (Interview with Founder & CEO Matt Mullenweg)

Read the interviewWatch

Automattic competitors

Automattic competes most directly with Ghost.

CompanyRevenueFundingEmployeesCustomersFounded
Automattic$500M$985.9M1,744–2005
Ghost$10.4M$7.4M10420.4K2013

#1 of 44 WordPress Hosting Providers companies by revenue · category median $1.2M · See the ranking

Automattic CEO, founders & employees

Matt Mullenweg founded Automattic in 2005 and runs it as CEO. Automattic has 1,744 employees (April 2025, TechCrunch).

All 4 headcount readings, with sources
As ofEmployeesSource
Apr 20251,744TechCrunch
Apr 20211,157–
2017650Matt Mullenweg on cameraWatch at 27:37
200820Matt Mullenweg on cameraWatch at 11:05

Automattic FAQ

How much money does Automattic make?

The most recent figure is $500M in annual revenue, from October 2024.

How much is Automattic worth?

Companies don't publish a net worth. The closest figure is Automattic's valuation: $7.5B, set in Aug 2021.

Who owns Automattic?

Automattic is privately held by its founders, employees and investors.

Is Automattic publicly traded?

No. Automattic is a private company, so its shares are not listed on a stock exchange.

How much funding has Automattic raised?

$985.9M across 8 rounds; the latest was a $288M round in February 2021.

Who is the CEO of Automattic?

Matt Mullenweg, a co-founder.

Who founded Automattic?

Matt Mullenweg, in 2005.

How many employees does Automattic have?

About 1,744 as of April 2025 (TechCrunch).

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How this page is sourced

10 said on camera · 3 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profile