About Snapchat
Snapchat is a company based in Los Angeles (United States) founded in 2011 by Bobby Murphy, Reggie Brown, and Evan Spiegel. Snapchat has raised $2.62 billion across 10 funding rounds from investors including Alibaba.com, Fidelity Investments and Tencent. The company has 4,910 employees as of December 31, 2024. Snapchat has completed 20 acquisitions, including AI Factory, AddLive and Bitmoji. Snapchat operates in a competitive market with competitors including Meitu, Snap, 500px, Kik and 9GAG, among others.
- Headquarter Los Angeles, United States
- Employees 4910 as on 31 Dec, 2024
- Founders Bobby Murphy, Reggie Brown, Evan Spiegel
- Stage Public
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Sectors
Media & EntertainmentTelecommunications
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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 B (USD)16.4as on Dec 31, 2024
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Net Profit
-$697.86 M (USD)47.23as on Dec 31, 2024
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EBITDA
-$629.22 M (USD)48.84as on Dec 31, 2024
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Total Equity Funding
$2.62 B (USD)
in 10 rounds
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Latest Funding Round
$250 M (USD), Post-IPO
Aug 07, 2018
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Investors
Alibaba.com
& 19 more
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Employee Count
4910
as on Dec 31, 2024
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Investments & Acquisitions
AI Factory
& 19 more
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IPO & Listings of Snapchat
Snapchat 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.
People of Snapchat
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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 Snapchat
Snapchat has successfully raised a total of $2.62B across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $250 million completed in August 2018. 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 Snapchat
Snapchat has secured backing from 20 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Alibaba.com, Fidelity Investments and Tencent.
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Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
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Sequoia Capital is engaged in venture capital investments.
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Private equity fund focused on global markets
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Investor details for Snapchat
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Investments & Acquisitions by Snapchat
Snapchat has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include AI Factory, AddLive and Bitmoji.
Investment portfolio details for Snapchat
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of NoSQL databases
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AI, image, and video recognition and analysis services are provided.
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Develops SDKs for editing backgrounds in images and videos
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Locked | Locked | 2017 | Locked |
Complete acquisition details for Snapchat
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Financial Statements - Snapchat
Detailed financials for Snapchat
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Snapchat Comparisons
Peer comparison for Snapchat
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Competitors of Snapchat
Snapchat 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, Snap, 500px, Kik and 9GAG, among others.
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Photo editing and sharing apps are developed by Meitu.
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Communication and media sharing are enabled via an online platform.
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Photos are shared, discovered, and sold on a community platform.
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Multimedia messaging is enabled by Kik for mobile users.
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Image and video sharing social platform
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Detailed competitors of Snapchat
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Snapchat
Complete news archive for Snapchat
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Frequently Asked Questions about Snapchat
Snapchat was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Snapchat is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Evan Spiegel is the current CEO of Snapchat. They have also founded this company.
Snapchat is a funded company, having raised a total of $2.62B across 10 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Snapchat is 4,910.
Annual revenue of Snapchat is $5.36B as on Dec 31, 2024.
Snapchat was founded in 2011 in Los Angeles, United States, within the social media and mobile technology sector. Ephemeral messages, photos, and videos are enabled through its application, where content is captured from devices, edited with filters, and shared among users. Additional features include short videos, live video chatting, Bitmoji avatar creation, story sharing, and a private memories storage. The platform operates on both Android and iOS systems.
Yes, Snapchat is publicly traded on NYSE under the ticker symbol SNAP.
Snapchat has made 20 acquisitions, including AI Factory, AddLive, and Bitmoji.
Snapchat has 20 investors. Key investors include Alibaba.com, Fidelity Investments, Tencent, Yahoo, and Kleiner Perkins.
The ticker symbol of Snapchat is SNAP on NYSE.