San Francisco, California, United States
Automattic, founded in 2005 by Matt Mullenweg, is the company behind wordpress.com, WooCommerce, and Jetpack. It operates as the primary commercial steward of the WordPress open source ecosystem, which Mullenweg describes as separate from but closely related to Automattic itself. The company generates revenue almost entirely through subscriptions across its three main product lines and has remained private by design, with Mullenweg citing the strategic flexibility that private ownership affords against publicly traded competitors. By 2017, Automattic had surpassed $100 million in annual recurring revenue, employed 650 people across 62 countries, and had raised approximately $350 million in total funding at a valuation set during its 2014 round of $160 million. The company operates as a fully distributed organization with no central office, a structure Mullenweg views as the future of work. A subsequent 2021 funding round of $288 million from BlackRock, Wellington, Schonfeld, and Alta Park pushed the cumulative total raised to approximately $985.9 million and set a valuation of $7.5 billion. Automattic acquired WooCommerce in 2015 for a reported $30 million and has grown its team significantly over the years, reaching a pre-layoff headcount of approximately 1,744 employees in early 2025 before a 16 percent reduction in April 2025 brought that figure to roughly 1,463. The WordPress platform itself, which Automattic supports and contributes to heavily, hosted approximately 595 million posts and 457 million comments in 2016 alone, and powered 70 million sites as of 2012.
- Revenue
- $500M
- Year founded
- 2005
- Funding
- $985.9M
- Team size
- 1.7K
