About Snap
Snap is a company based in Santa Monica (United States) founded in 2011 by Bill Gross, Bobby Murphy, and Evan Spiegel. It operates as a Advertising Model, and Freemium. The company has 5,289 employees as of December 31, 2023. Snap has completed 15 acquisitions, including Ariel AI, Compound Photonics and Ctrl Me Robotics. Snap offers products and services including Snapchat, Bitmoji, and Spectacles. Snap operates in a competitive market with competitors including Meitu, Snapchat, Telegram, 500px and 9GAG, among others.
- Headquarter Santa Monica, United States
- Employees 5289 as on 31 Dec, 2023
- Founders Bill Gross, Bobby Murphy, Evan Spiegel
- Stage Public
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Sectors
TelecommunicationsMedia & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Snap Inc.
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Annual Revenue
$5.36 B82as on Dec 31, 2024
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Net Profit
$-97.43 M91as on Dec 31, 2024
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EBITDA
$-787.29 M44as on Dec 31, 2024
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Latest Funding Round
$850 M (USD), Post-IPO
Apr 24, 2020
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Investors
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Employee Count
5289
as on Dec 31, 2023
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Investments & Acquisitions
Ariel AI
& 14 more
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IPO & Listings of Snap
Snap is a publicly listed company on the NYSE with ticker symbol SNAP 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.
Products & Services of Snap
Snap offers a comprehensive portfolio of products and services, including Snapchat, Bitmoji, and Spectacles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for sharing moments and connecting users.
Custom avatars are created for personal digital expression.
Wearable tech is offered for capturing unique perspectives.
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Software Development Team
266 people
Leadership Team
31 people
Senior Team
31 people
Legal and Compliance
29 people
Human Resources and Administration
25 people
Creative and Marketing Team
24 people
Sales and Marketing
22 people
Finance and Accounting
20 people
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Funding Insights of Snap
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $850.0M
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First Round
First Round
(24 Apr 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2020 | Amount | Post-IPO - Snap | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Snap
Snap has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Ariel AI, Compound Photonics and Ctrl Me Robotics. 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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Cloud-based crowdsourcing platform for 3D maps from images is provided.
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2019 | ||||
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AI-enabled real-time 3D human perception and reconstruction for AR applications
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2018 | ||||
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A calendar solution is provided for high school and college students.
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2018 |
| 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 - Snap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Snap Comparisons
Competitors of Snap
Snap 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 Meitu, Snapchat, Telegram, 500px and 9GAG, 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 |
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| domain | founded_year | HQ Location |
Photo editing and sharing apps are developed by Meitu.
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| domain | founded_year | HQ Location |
Multimedia messaging application for ephemeral photos and videos is provided.
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| domain | founded_year | HQ Location |
Secure cloud-based messaging for mobile and desktop is provided.
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| domain | founded_year | HQ Location |
Photos are shared, discovered, and sold on a community platform.
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| domain | founded_year | HQ Location |
Image and video sharing social platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Snap
Frequently Asked Questions about Snap
When was Snap founded?
Snap was founded in 2011 and raised its 1st funding round 9 years after it was founded.
Where is Snap located?
Snap is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Snap?
Evan Spiegel is the current CEO of Snap. They have also founded this company.
How many employees does Snap have?
As of Dec 31, 2023, the latest employee count at Snap is 5,289.
What is the annual revenue of Snap?
Annual revenue of Snap is $5.36B as on Dec 31, 2024.
What does Snap do?
Snap Inc. is recognized as a technology company centered on enhancing human connection through camera-based innovations. Solutions are developed to empower self-expression, real-time engagement, and global learning. The company operates in the social media and technology sectors, offering platforms like Snapchat for communication, Bitmoji for personalization, and Spectacles for wearable tech. Community safety and creativity are prioritized alongside environmental, social, and governance goals.
What products or services does Snap offer?
Snap offers Snapchat, Bitmoji, and Spectacles.
Is Snap publicly traded?
Yes, Snap is publicly traded on NYSE under the ticker symbol SNAP.
How many acquisitions has Snap made?
Snap has made 15 acquisitions, including Ariel AI, Compound Photonics, and Ctrl Me Robotics.
What is Snap's ticker symbol?
The ticker symbol of Snap is SNAP on NYSE.
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