Assertion Supported AI assessment confidence: 95% certainty 5/5 debate potential 1/5

Automattic raised $160 million in all-primary capital for Series C in 2014

Matt Mullenweg · Matt Mullenweg: How I Founded WordPress; Storytelling Tips; How to Give Feedback | 20VC #905 · 20VC with Harry Stebbings · Jul 11, 2022 · at 19:50

Matt Mullenweg, founder and CEO of Automattic, details Automattic's 2014 Series C fundraising round.

0:00 / 0:08exact quote · 8.3s

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“We ended up doing our series C, which we raised, you know, we went from eleven million dollars to raising one hundred and sixty million. It was all primary capital.”

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The claim, plainly

Automattic raised $160 million in all-primary capital for its Series C funding round in 2014.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

The claim is fully supported by both PitchBook and Crunchbase data as required by the resolution criteria. PitchBook lists Automattic's Series C round as completed in May 2014 for $160 million, explicitly distinguishing this primary raise from earlier private secondary market transactions. Crunchbase similarly details the May 2014 Series C as a $160 million primary equity raise led by Insight Partners. Both databases confirm the size, timing, round designation, and primary capital structure described in the claim.

Crunchbase and PitchBook data confirm Automattic completed a $160 million Series C funding round in May 2014.
Database tracking explicitly differentiates the $160M primary equity round in 2014 from prior secondary transactions in 2013.

Checked against

[1] ma.tt [2] substack.com [3] insightpartners.com [4] wptavern.com [5] pitchbook.com [6] clay.com [7] poststatus.com [8] tech.co

assessed as of 2026-07-23

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Automattic

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Automattic raised $160 million in all-primary capital for Series C in 2014

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