When was Reddit founded?

Reddit was founded in 2005 and raised its 1st funding round within a year of its incorporation.

Where is Reddit located?

Reddit is headquartered in San Francisco, United States. It is registered at 54 LOCKS HEATH PARK ROAD,LOCKS HEATH,SOUTHAMPTON,HAMPSHIRE,SO31 6NB.

Who is the current CEO of Reddit?

Steve Huffman of Reddit. They have also founded 1 company and are angel investors in 11 startups, including BioXcel and Hipmunk.

Which legal entities is Reddit associated with?

Reddit is associated with IT Galaxy and 14 others.

How many employees does Reddit have?

As of Mar 31, 2026, the latest employee count at Reddit is 4716.

Is Reddit a funded company?

Reddit is a funded company, having raised a total of $1.62B across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2005.

How much is Reddit worth?

The last known valuation of Reddit was $***** as of Aug 12, 2021.

When was the latest funding round of Reddit?

Reddit's latest funding was a $***** Series F round on May 24, 2023, with participation from 1 investor.

What is the annual revenue of Reddit?

Annual revenue of Reddit is $2.2B as on Dec 31, 2025.

Where does Reddit rank among its competitors?

Reddit ranks 1st amongst 753 active competitors, of which 51 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Reddit, which secured an undisclosed amount in May, 2023.

Who are the top competitors of Reddit?

Reddit's top competitors include FANDOM, Tumblr and Amino Apps. Among them, Reddit secured the most recent funding round in May, 2023.

Reddit - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Community based discussion platform. It is a social news and discussion website where users can share and discuss content on various topics and interests. The platform allows users to create and participate in communities of like-minded individuals, fostering discussions, debates, and sharing of knowledge.

Website: www.reddit.com/
Social
Email ID: *****@reddit.com
Part Of
Registered Address: 54 LOCKS HEATH PARK ROAD,LOCKS HEATH,SOUTHAMPTON,HAMPSHIRE,SO31 6NB

Key Metrics

Founded Year

2005

Location

San Francisco, United States

Stage

Acquired

Total Funding

$1.62B in 7 rounds

Latest Funding Round

Series F, May 24, 2023, $*****

Last Known Valuation

$***** as on Aug 12, 2021

Investors

Fidelity Investments & 30 more

Ranked

1^st among 753 active competitors

Annual Revenue

$2.2B as on Dec 31, 2025

Employee Count

4,716 as on Mar 31, 2026

Investment & Acquisitions

Memorable & 6 more

Similar Companies

Tapatalk & 338 more

Exit Details

Acquired by Conde Nast (Oct 31, 2006)

View Reddit's full profile

Reddit is associated with 15 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IT Galaxy CIN: 43603054369 , Latvia, Active	Jun 27, 2012	$1.01K (As on Dec 31, 2014)	1 (As on Dec 31, 2015)	-
IT BOSS LIMITED CIN: 8896129 , United Kingdom, Active	Feb 13, 2014	-	1 (As on Feb 29, 2024)
REDDIT, INC. CIN: 45-2546501 , United States, Active	Aug 12, 2024	$2.2B (As on Dec 31, 2025)	2013 (As on Dec 31, 2023)	-
IT MAKES SENSE LIMITED CIN: 2933533 , United Kingdom, Active	May 26, 1994	-	1 (As on Aug 31, 2024)
RED X LIMITED CIN: 6255864 , United Kingdom, Active	May 21, 2007	-	2 (As on Jun 30, 2024)
ED PLUS LIMITED CIN: 7097730 , United Kingdom, Active	Dec 07, 2009	-	125 (As on Jun 30, 2018)
IT LETTINGS LTD CIN: 9306431 , United Kingdom, Active	Nov 10, 2014	$441K (As on Mar 31, 2018)	7 (As on Mar 31, 2025)
RED KETTLE LIMITED CIN: NI620695 , United Kingdom, Active	Oct 01, 2013	-	2 (As on Apr 30, 2024)
Red To Blue Limited CIN: 5191467 , United Kingdom, Active	Jul 27, 2004	-	2 (As on Apr 30, 2022)
It Takes 2 IVS CIN: 39293331 , Denmark, Deadpooled	Jan 29, 2018	-	-
RED EDITION LIMITED CIN: 10124833 , United Kingdom, Active	Apr 13, 2016	-	1 (As on Apr 30, 2020)
RED DOT ApS CIN: 31882397 , Denmark, Deadpooled	Nov 13, 2008	-	-
Red Flag ApS CIN: 37445045 , Denmark, Deadpooled	Feb 10, 2016	-	-
RED SEA MANAGEMENT LIMITED CIN: 3971302 , United Kingdom, Active	Apr 11, 2000	-	1 (As on Apr 30, 2022)
IT ADVICE LIMITED CIN: 3515778 , United Kingdom, Active	Feb 23, 1998	$11.5K (As on Jul 31, 2020)	1 (As on Jul 31, 2023)

Reddit got acquired by Conde Nast on Oct 31, 2006.

Click here to take a look at Reddit's acquisition in detail

Reddit has raised a total funding of $1.62B over 7 rounds. Its first funding round was on 2005. Its latest funding round was a Series F round on May 24, 2023 for $*****. 1 investor participated in its latest round. Reddit has 19 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Reddit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 24, 2023	1517643	Series F	1208978	5845318	1743109	3540304
Aug 12, 2021	9440283	Series F	3865909	7400636	4503675	3080491
Feb 08, 2021	5351675	Series E	7753164	8524618	Vy Capital	Andreessen Horowitz & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Reddit's funding rounds and investors

The founders of Reddit are Alexis Ohanian, Steve Huffman and Aaron Swartz.

Here are the details of Reddit's key team members:

Alexis Ohanian: Former Co-Founder of Reddit and founder of 4 other companies, including Reddit, Breadpig and Seven Seven Six. They are also an angel investor in 89 startups and serve on the board of 1 company.
Steve Huffman: Former Co-Founder & CEO of Reddit and founder of 3 other companies, Reddit, BioXcel and Hipmunk. They are also an angel investor in 11 startups.
Aaron Swartz: Co-Founder of Reddit and founder of 1 other company.
Contact Info: 1 email address

View details of Reddit's Founder profiles and Board Members

Reddit's employee count trend

Reddit has 4,716 employees as of Mar 26. Here is Reddit's employee count trend over the years:

Uncover Reddit's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Reddit include FANDOM, Tumblr and Amino Apps. Here is the list of Top 10 competitors of Reddit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Reddit 2005, San Francisco (United States), Acquired	Community based discussion platform	$1.62B	Flying Cow Ventures, Fidelity Investments ... & 29 others	84/100
2nd	FANDOM 2005, San Francisco (United States), Series E	Online social platform for media enthusiasts	$191M	Digital Garage, IVP & 16 others	75/100
3rd	Tumblr 2007, New York City (United States), Acquired	Operator of a social networking platform for content sharing	$120M	Spark Capital, Union Square Ventures & 16 others	73/100
5th	Amino Apps 2011, New York City (United States), Series C	Online communities enabler	$72.3M	Google Ventures, Hearst & 16 others	67/100
6th	Whisper 2012, Santa Monica (United States), Series C	Social platform for local anonymous discussions	$61M	Shasta Ventures, Tencent & 12 others	63/100
7th	Mix 2016, San Francisco (United States), Funding Raised	Community platform to discover & share entertaining content	-	Expa, Sherpalo Ventures	55/100
8th	Ranker 2009, Los Angeles (United States), Series A	Crowdsourced ranking platform for entertainment, history, lifestyle, and more	$4.05M	DCVC, Lowercase Capital & 14 others	52/100
9th	Dcard 2015, Taipei (Taiwan), Funding Raised	Social platform for students to connect anonymously	-	SIG Venture Capital, JAFCO Asia & 3 others	48/100
10th	Yik Yak 2013, Atlanta (United States), Acquired	Anonymous college social media platform connecting students within their campus	$75M	Sequoia Capital, Azure Capital Partners & 7 others	47/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Reddit's competitors? Click here to see the top ones

Reddit has made 2 investments in companies including Stream and Imgur. Reddit has also acquired 5 companies including Memorable and Spiketrap.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 01, 2024	Acquisition	Memorable	2020	Cambridge (United States)
Sep 01, 2022	Acquisition	Spiketrap	2016	San Francisco (United States)
Jul 01, 2022	Acquisition	MeaningCloud	2015	New York City (United States)