Funding round
Automattic Series A
Automattic, which works in publishing platform development in San Francisco, raised $1.1M in a Series A round announced on 12 Oct 2005. 4 firms took part. It is Automattic's first venture round on record.
$1.1M
Amount raised
Not disclosed
Post-money valuation
4
Investors
no lead named
Valuation
What this round says about the price
Automattic did not disclose a valuation in this round. It is Automattic's first venture round on record, in the year it was founded (2005). It is under 1% of the $779M Automattic has raised in the venture rounds on record. Automattic raised again 27 months later: a Series B round of $30M in Jan 2008. Its next priced round, a Series C in May 2014, valued it at $1.16B.
Automattic's funding rounds
Automattic has 5 venture rounds on record. This one is highlighted.
- Series A this round 12 Oct 2005 $1.1M
- Series B 22 Jan 2008, led by Polaris Partners $30M
- Series C 5 May 2014, led by Insight Partners $160M$1.16B post-money
- Series D 19 Sep 2019, led by Salesforce Ventures $300M$3.00B post-money
- Series E 1 Feb 2021, led by Alta Park Capital Partners $288M$7.50B post-money
Investors
Who put money in
4 firms took part; no lead investor was named.
Investors
- backs 98 venture-backed companies new investor
- Blacksmith Capital new investor
- Radar Partners new investor
- CNET new investor
Comparable rounds
How it compares
6 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.3M, and this round was 18% of the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 7 Sep 2005 | $7.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2006 | $15M | not disclosed | not named |
| Tech Companies | 1 Jan 2006 | $5.0M | not disclosed | not named |
| Tech Companies | 28 Feb 2006 | $8.0M | not disclosed | not named |
| Tech Companies | 13 Jun 2006 | $5.5M | not disclosed | 3i |
| Tech Companies | 1 Jan 2005 | $5.0M | not disclosed | Canaan |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Automattic raise in its Series A round?
Automattic raised $1.1M in its Series A round, announced in Oct 2005.
Which investors took part in Automattic's Series A round?
Polaris Partners, Blacksmith Capital, Radar Partners and CNET.
What was Automattic's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
6 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.3M, and this round was 18% of the median.
Did Automattic raise again after this round?
Yes: a Series B round in Jan 2008 of $30M.