About Shutterstock
Shutterstock is a company based in New York (United States) founded in 2003.. The company has 1,720 employees as of December 31, 2024. Shutterstock has completed 17 acquisitions, including Amper Music, Backgrid and Bigstock. Shutterstock operates in a competitive market with competitors including Getty Images, Freepik, Depositphotos, EyeEm and Storyblocks, among others.
- Headquarter New York, United States
- Employees 1720 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shutterstock, Inc.
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Annual Revenue
$935.26 M6.94as on Dec 31, 2024
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Net Profit
$35.93 M-67.41as on Dec 31, 2024
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EBITDA
$163.33 M8.08as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
1720
as on Dec 31, 2024
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Investments & Acquisitions
Amper Music
& 16 more
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IPO & Listings of Shutterstock
Shutterstock is a publicly listed company on the NYSE with ticker symbol SSTK in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
26 people
Contributor Team
26 people
Sales and Marketing
17 people
Finance and Accounting
16 people
Human Resources and Administration
15 people
Software Development Team
15 people
Senior Team
11 people
Legal and Compliance
8 people
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Funding Insights of Shutterstock
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Series A - Shutterstock | Valuation | Insight Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shutterstock
Shutterstock has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Insight Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shutterstock
Shutterstock has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Amper Music, Backgrid and Bigstock. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital advertising campaigns are managed and optimized through reporting tools.
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2016 | ||||
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On-demand stock photos and image intelligence platform are provided.
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2016 | ||||
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Provider of data-driven marketing solution for online businesses
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shutterstock
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shutterstock Comparisons
Competitors of Shutterstock
Shutterstock 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 Getty Images, Freepik, Depositphotos, EyeEm and Storyblocks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Royalty-free stock photos, creative images, and vectors are supplied globally.
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| domain | founded_year | HQ Location |
Online platform providing vectors, stock photos, and icons
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| domain | founded_year | HQ Location |
Stock photos, vectors, and videos are traded via this marketplace.
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| domain | founded_year | HQ Location |
Stock photos and videos are licensed via an online marketplace.
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| domain | founded_year | HQ Location |
Royalty-free stock images, video, and audio are offered via marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shutterstock
Frequently Asked Questions about Shutterstock
When was Shutterstock founded?
Shutterstock was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is Shutterstock located?
Shutterstock is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does Shutterstock have?
As of Dec 31, 2024, the latest employee count at Shutterstock is 1,720.
What is the annual revenue of Shutterstock?
Annual revenue of Shutterstock is $935.26M as on Dec 31, 2024.
What does Shutterstock do?
Shutterstock was established in 2003 and is based in New York, United States. A comprehensive library of stock assets, including photographs, illustrations, video footage, and audio tracks, is maintained for creative and editorial applications. Templates and an AI-powered image generation tool are also made available. The company functions within the digital media industry, supporting content needs across various global markets.
Who are the top competitors of Shutterstock?
Shutterstock's top competitors include Getty Images, Freepik and Depositphotos.
Is Shutterstock publicly traded?
Yes, Shutterstock is publicly traded on NYSE under the ticker symbol SSTK.
How many acquisitions has Shutterstock made?
Shutterstock has made 17 acquisitions, including Amper Music, Backgrid, and Bigstock.
Who are Shutterstock's investors?
Shutterstock has 1 investor. Key investors include Insight Partners.
What is Shutterstock's ticker symbol?
The ticker symbol of Shutterstock is SSTK on NYSE.
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