Reddit

San Francisco, United States Founded: 2005 • Age: 21 yrs Acquired By Conde Nast
Content is shared and discussed across user-driven communities.
Annual revenue - Latest available
Total funding $1.6B 8 rounds
Employees - Tracked headcount
Investors 27 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About Reddit

Reddit is a company based in San Francisco (United States) founded in 2005 by Aaron Swartz was acquired by Conde Nast in October 2006. It operates as a Advertising Model. Reddit has raised $1.62 billion across 8 funding rounds from investors including Fidelity Investments, Tencent and Conde Nast. Reddit has completed 5 acquisitions, including Dubsmash, MeaningCloud and Memorable. Reddit offers products and services including Reddit Platform. Reddit operates in a competitive market with competitors including FANDOM, Amino Apps, Whisper, Ranker and Choicely, among others.

  • Headquarter San Francisco, United States
  • Founders Aaron Swartz
  • Stage Decacorn
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Reddit, Inc.
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.62 B (USD)

    in 8 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Dubsmash

    & 4 more

  • Acquired by
    Conde Nast

    (Oct 31, 2006)

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Products & Services of Reddit

Reddit offers a comprehensive portfolio of products and services, including Reddit Platform.

Product name locked
Category locked
Primary

A platform for community discussions and content sharing.

People of Reddit

Headcount 500-1000
Employee Profiles 378
Board Members and Advisors 7
Employee Profiles
People
David M.
Senior Tax Planning Manager
People
Femi Adesanya
Client Account Manager
People
Amanda Hill
Lead Business Partner, Revenue Strategy & Operations
People
Baran Çelik
Data Analyst

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Board Members and Advisors
people
Samuel Altman
Board Member
people
Porter Gale
Board Member
people
Michael Seibel
Board Member
people
Robert A. Sauerberg Jr.
Board Member

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Funding Insights of Reddit

Reddit has successfully raised a total of $1.62B across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Reddit

Reddit has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Fidelity Investments, Tencent and Conde Nast.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Catamaran is engaged in venture capital and private equity investments.
Locked Locked Locked
Investment services are provided for maximizing gains over time.
Locked Locked Locked
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Locked Locked Locked
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Investor details for Reddit

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Reddit

Reddit has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Dubsmash, MeaningCloud and Memorable.

Investments
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Investment portfolio details for Reddit

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Branding and artificial intelligence services are provided by Memorable.
Locked Locked 2020 Locked
An MLOps platform for deep learning applications is provided.
Locked Locked 2017 Locked
AI-based consumer intelligence solutions are provided for enterprises.
Locked Locked 2016 Locked
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Complete acquisition details for Reddit

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Reddit

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Detailed financials for Reddit

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  • Profit trends
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  • Financial ratios

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Reddit Comparisons

Reddit Primary company
Description
Content is shared and discussed across user-driven communiti...
Location
San Francisco, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Reddit

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Reddit

Reddit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FANDOM, Amino Apps, Whisper, Ranker and Choicely, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online social platform for media enthusiasts
Locked Locked Locked
Online interest-based communities are enabled for user engagement.
Locked Locked Locked
An underground music label is operated for growing talent.
Locked Locked Locked
Provides crowdourced rankings of various things
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Detailed competitors of Reddit

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Reddit

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Complete news archive for Reddit

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Reddit

Reddit was founded in 2005.

Reddit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Reddit is a funded company, having raised a total of $1.62B across 8 funding rounds to date.

Reddit is managed as a leading online platform for user-generated content and community discussions. It is utilized across various sectors including entertainment, technology, and news. Diverse topics are covered by communities, enabling users to share, discuss, and engage with content globally.

Reddit's top competitors include FANDOM, Amino Apps and Whisper.

Reddit offers Reddit Platform.

Reddit has made 5 acquisitions, including Dubsmash, MeaningCloud, and Memorable.

Reddit has 27 investors. Key investors include Fidelity Investments, Tencent, Conde Nast, TACIT, and Catamaran.

The valuation of Reddit is $10B as of Aug 2021.

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