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.com LinkedInUpdated Oct 7, 2026

Annual revenue: $500M; Oct 2024 · Yahoo Finance
Latka Top: #5; of 1,368 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 1,368 companies Nathan Latka has interviewed by revenue.

$200M

$400M

$100M

–

$418.3M

–

$500M

20172018–2020212022–232024

ReportedOne figure per year; a reported figure wins over an estimate

All 4 revenue readings, with sources

As of	Revenue	Source
Dec 2012	$45M	–
2017	Over $100M	Matt Mullenweg on cameraWatch at 16:26into the nine figures, under $1B; exact figure declined
Apr 2021	$418.3M	–
Oct 2024	$500M	Yahoo 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.

Date	Round	Raised	Valuation	Source
Feb 2021	Funding round	$288M	–	ma.tt
Dec 2019	Venture	$80.6M	–	–
Sep 2019	Series D	$300M	–	–
May 2014	Funding round	$160M	–	Matt Mullenweg on cameraWatch at 15:06
Sep 2013	Funding round	$75M	–	–
May 2013	Funding round	$51.7M	–	–
2008	Series B	$29.5M	$200M	Matt Mullenweg on cameraWatch at 12:33
Oct 2005	Series 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

Matt Mullenweg, Founder & CEO

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

RevenueOver $100M ARR (into the nine figures, under $1B; exact figure declined)Watch at 16:26
Employees650Watch at 27:37
Employees20 or 25 peopleWatch at 11:05
Outside fundingAbout $350M total, including about $150M secondary (about $200M primary)Watch at 14:15
Valuation$200MWatch at 12:33

Read the interview Watch

Automattic competitors

Automattic competes most directly with Ghost.

Company	Revenue	Funding	Employees	Customers	Founded
Automattic	$500M	$985.9M	1,744	–	2005
Ghost	$10.4M	$7.4M	104	20.4K	2013

#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).

Matt MullenwegFounder & CEO
1 interview
Jeffrey ZeldmanTalent Chief Content Officer
David SchwisterVice President, Artificial Intelligence Partnerships and Strategic Alliances
Bohdan KitVP of Product

500

1,000

1,500

650

–

1,157

–

1,744

20172018–2020212022–242025

ReportedOne figure per year; a reported figure wins over an estimate

All 4 headcount readings, with sources

As of	Employees	Source
Apr 2025	1,744	TechCrunch
Apr 2021	1,157	–
2017	650	Matt Mullenweg on cameraWatch at 27:37
2008	20	Matt Mullenweg on cameraWatch at 11:05

Automattic FAQ

What is Automattic's revenue?

Automattic's annual revenue was $500M in October 2024, according to Yahoo Finance. No later figure is on record.

What is Automattic's valuation?

Investors valued Automattic at $7.5B in August 2021, according to ma.tt.

How much funding has Automattic raised?

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

Is Automattic publicly traded?

No. Automattic is a private company, so its shares aren't traded on a stock exchange.

How many employees does Automattic have?

Automattic has 1,744 employees as of April 2025, according to TechCrunch.

Who is the CEO of Automattic?

Matt Mullenweg is the CEO of Automattic and founded the company in 2005. Nathan Latka interviewed Matt Mullenweg.

Who founded Automattic?

Matt Mullenweg founded Automattic in 2005.

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 disclaimer Report a correction Claim this profile