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IFTTT

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IFTTT (if this, then that) is a web-based platform and mobile app that connects various apps, devices, and services through automated workflows known as "applets"

San Francisco, United StatesFounded 2010Other B2B Software
Valuation $100–250M Last recorded · 2018
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for IFTTT and the history behind them.

About IFTTT

IFTTT, an acronym for "If This Then That," operates as a web-based service designed to automate workflows by connecting disparate applications, devices, and services without requiring users to have programming skills. The company was co-founded in 2010 by Linden Tibbets, Jesse Tane, and Alexander Tibbets, with the official launch occurring on September 7, 2011. Linden Tibbets, who serves as the CEO, drew inspiration for IFTTT from his time at the design firm IDEO. He recognized that while physical objects can be easily adapted for unintended uses, the digital world lacked this flexibility for non-programmers. This insight led to the creation of a platform that gives users creative control over their digital environment.

The core of the IFTTT service is the "Applet," a simple conditional statement that links a "trigger" (the "This") with an "action" (the "That"). When a specified event occurs in one service, it automatically triggers a corresponding action in another. For instance, a user could create an Applet to automatically save a photo to a cloud storage service every time they post on a social media platform. The platform supports a vast ecosystem of over 900 services, including popular social media networks, smart home devices, and business productivity tools. This broad compatibility allows individuals to streamline daily tasks, create integrated smart home environments, and enhance personal productivity. Businesses also utilize IFTTT to automate workflows, track social media mentions, and drive engagement.

IFTTT's business model has evolved since its inception. Initially focused on user growth, the company introduced partnership programs and eventually transitioned to a freemium software-as-a-service (SaaS) model in September 2020. Revenue is generated through several tiers. For individual users, there is a free plan with limitations on custom Applet creation and a "Pro" subscription that offers unlimited Applets, multi-step automations with conditional logic, and faster execution speeds. For corporate clients, IFTTT provides developer and enterprise plans. The developer plans allow companies to integrate their own services with the IFTTT platform, expanding their product's functionality and reaching a wider audience. Enterprise solutions offer more advanced features for process automation, helping organizations streamline operations by connecting systems like Salesforce and Slack. This multi-faceted revenue structure, combining individual subscriptions with business and developer partnerships, supports the platform's continuous development.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
San Francisco, United States
Employees
45
Open positions
None listed
Dealroom signal
73.6/100
Industry
Enterprise Software
Sector
Other B2B Software, Productivity Tools, No-Code and Low-Code Software, Hard Tech, DT and LS
Technology
Deep Tech, IoT InternetOfThings
Business model
SaaS
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt May 2020 $680K — Undisclosed —
SERIES COther financing Apr 2018 $24M $96M Pegasus Tech Ventures · IBM Ventures · Chamberlain Group · Salesforce Ventures ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

IFTTT website traffic

Latest recorded traffic for IFTTT is 1M monthly website visits, up 0% over the last three months. IFTTT's team declined 4.3% over the past year.

Latest monthly visits1M 3-month web change0% 1-year team growth-4.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

22 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed14 investors entered at this stage

Series A3 investors entered at this stage

Series B and later5 investors entered at this stage

Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States70.4%
🇮🇳 India7.4%
🇱🇹 Lithuania3.7%
🇵🇹 Portugal3.7%
🇦🇺 Australia3.7%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about IFTTT on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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