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
-
Sectors
Media & EntertainmentTelecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Snap Inc.
-
Annual Revenue
$5.36 B16.4as on Dec 31, 2024
-
Net Profit
$-697.86 M47.23as on Dec 31, 2024
-
EBITDA
$-629.22 M48.84as on Dec 31, 2024
-
Total Equity Funding
$2.62 B (USD)
in 10 rounds
-
Latest Funding Round
$250 M (USD), Post-IPO
Aug 07, 2018
-
Investors
Alibaba.com
& 19 more
-
Employee Count
4910
as on Dec 31, 2024
-
Investments & Acquisitions
AI Factory
& 19 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Unlock access to complete
Unlock access to complete
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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Post-IPO — $250.0M
-
First Round
First Round
(12 Apr 2012)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Post-IPO - Snapchat | Valuation |
investors |
|
| Nov, 2017 | Amount | Post-IPO - Snapchat | Valuation |
investors |
|
| Nov, 2016 | Amount | Series F - Snapchat | Valuation | CapitalG |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Private equity fund focused on global markets
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Snapchat
Snapchat has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include AI Factory, AddLive and Bitmoji. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of NoSQL databases
|
2019 | ||||
|
AI, image, and video recognition and analysis services are provided.
|
2018 | ||||
|
Develops SDKs for editing backgrounds in images and videos
|
2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Snapchat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snapchat Comparisons
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. 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 |
Photo editing and sharing apps are developed by Meitu.
|
|
| domain | founded_year | HQ Location |
Communication and media sharing are enabled via an online platform.
|
|
| domain | founded_year | HQ Location |
Photos are shared, discovered, and sold on a community platform.
|
|
| domain | founded_year | HQ Location |
Multimedia messaging is enabled by Kik for mobile users.
|
|
| domain | founded_year | HQ Location |
Image and video sharing social platform
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Snapchat
Frequently Asked Questions about Snapchat
When was Snapchat founded?
Snapchat was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Snapchat located?
Snapchat is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Snapchat?
Evan Spiegel is the current CEO of Snapchat. They have also founded this company.
Is Snapchat a funded company?
Snapchat is a funded company, having raised a total of $2.62B across 10 funding rounds to date.
How many employees does Snapchat have?
As of Dec 31, 2024, the latest employee count at Snapchat is 4,910.
What is the annual revenue of Snapchat?
Annual revenue of Snapchat is $5.36B as on Dec 31, 2024.
What does Snapchat do?
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.
Is Snapchat publicly traded?
Yes, Snapchat is publicly traded on NYSE under the ticker symbol SNAP.
How many acquisitions has Snapchat made?
Snapchat has made 20 acquisitions, including AI Factory, AddLive, and Bitmoji.
Who are Snapchat's investors?
Snapchat has 20 investors. Key investors include Alibaba.com, Fidelity Investments, Tencent, Yahoo, and Kleiner Perkins.
What is Snapchat's ticker symbol?
The ticker symbol of Snapchat is SNAP on NYSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.