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Litmus

The leading email creation, testing, and analytics platform for marketing teams.
Litmus provides a suite of email marketing tools that allow teams to build, test, and analyze emails across dozens of email clients and devices. Founded in 2005, it has become a standard for ensuring email rendering consistency and optimizing campaign performance.
Software 📍 Cambridge, MA Founded 2005
Current Valuation
$200M
as of 2025-Q2
PRIVATE

QL Price

$200M
0% vs last round
QuantLogix's current estimate for Litmus, published 2026-10-07 — in line with the last disclosed round of $200M (2025-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $200M 2025-Q2 weight 0.41
How this price has held up
No round has priced for Litmus since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Litmus →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Litmus, 2026-10-07 (12774a45cf5a782e). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Litmus going public?
No. Litmus is private and has not filed to go public. There is no S-1 on file.
What is Litmus' valuation in 2026?
Litmus is valued at $200M as of 2025-Q2, set by its Private Equity ($49M, Oct 2015). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Litmus filed an S-1?
No public S-1 is on file for Litmus.
Who are Litmus' investors?
Litmus' investors include Spectrum Equity, Paul Farnell, Matt Brindley, Validity (Acquirer).
How much has Litmus raised?
Litmus has raised $49M in total, most recently a Private Equity of $49M in Oct 2015.
Is Litmus publicly traded — can you buy Litmus stock?
No. Litmus is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Litmus on its Pre-IPO Access Desk.
How to actually get exposure to Litmus →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Mark Briggs
Founded
2005
HQ
Cambridge, MA
Employees
100-200
Total Raised
$49M
Est. Revenue
$50M (2022)
Growth
Up 20% year-over-year
Last Round
Private Equity — $49M (Oct 2015) · Lead: Spectrum Equity
IPO Status
none

Fundraising Status

Private Equity · $49M · 11y ago
noneTotal raised $49M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Private Equity$49MOct 2015Spectrum Equity—

Talent Signal

Hiring trend
▼ Hiring downtrend
-23% vs 2026-08
Open roles
27
via ashby
Product-build share
37%
engineering, research, product, design
Trajectory
tightening
balanced build + GTM — 37% builders vs 63% go-to-market/G&A — scaling both sides.
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month35Aug '2627Sep '26
Open roles by function
Open roles by functionSales & GTM11Engineering9Other5Support1Product1
■ product-building   ■ go-to-market / G&A
Senior Software Engineer - GolangSenior Software Engineer - Industrial, GCCSenior Software Engineer - Industrial (Golang)Lead DevOps EngineerSenior AI Product ManagerSenior Yocto Developer GCC
Counted from Litmus's live job board as of 2026-09-14; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Paul FarnellMatt BrindleyDavid Smalley

Investors

Spectrum Equity · Paul Farnell · Matt Brindley · Validity (Acquirer)

Products

  • Litmus Email Previews
  • Email Builder
  • Email Analytics
  • Litmus Personalize
  • Spam Testing

Competitors

Email on Acid · Sinch Mailgun · Mailchimp · Movable Ink
Email MarketingMarTechSaaSEmail TestingAnalytics
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.