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Reddit - About the company

Reddit is an acquired company based in San Francisco (United States), founded in 2005 by Alexis Ohanian, Steve Huffman and Aaron Swartz. It operates as a Community based discussion platform. Reddit has raised $1.62B in funding from investors like Fidelity Investments, Vy Capital and Sam Altman, with last known valuation of $*****. The company has 903 active competitors, including 51 funded and 22 that have exited. Its top competitors include companies like FANDOM, Tumblr and Amino Apps.

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.
Social
XFacebook
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 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 01, 2024
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
4,594 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Conde Nast (Oct 31, 2006)

Reddit's acquisition details

Reddit got acquired by Conde Nast on Oct 31, 2006.
Click here to take a look at Reddit's acquisition in detail
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Reddit's funding and investors

Reddit has raised a total funding of $1.62B over 8 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 27 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Reddit:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 24, 2023
8324704
Series F
9728490
4543868
8146452
3167419
Aug 12, 2021
6105624
Series F
3957431
6841867
1320437
1038403
Feb 08, 2021
9317606
Series E
2907558
6360260
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Reddit's founders and board of directors

Founder? Claim Profile
The founders of Reddit are Alexis Ohanian, Steve Huffman and Aaron Swartz.
Here are the details of Reddit's key team members:

Reddit's employee count trend

Reddit has 4,594 employees as of Jul 26. Here is Reddit's employee count trend over the years:
Employee count trend for Reddit
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Reddit's Competitors and alternates

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
Logo for Reddit
Reddit
2005, San Francisco (United States), Acquired
Community based discussion platform
$1.62B
85/100
2nd
Logo for FANDOM
FANDOM
2005, San Francisco (United States), Series E
Online social platform for media enthusiasts
$191M
74/100
4th
Logo for Tumblr
Tumblr
2007, New York City (United States), Acquired
Operator of a social networking platform for content sharing
$120M
66/100
5th
Logo for Amino Apps
Amino Apps
2011, New York City (United States), Series C
Online communities enabler
$72.4M
64/100
6th
Logo for Whisper
Whisper
2012, Santa Monica (United States), Series C
Social platform for local anonymous discussions
$61M
63/100
7th
Logo for Mix
Mix
2016, San Francisco (United States), Funding Raised
Community platform to discover & share entertaining content
-
60/100
8th
Logo for State
State
2010, London (United Kingdom), Deadpooled
Social platform for public opinions
$14M
57/100
9th
Logo for InterNations
InterNations
2007, Munich (Germany), Acquired
Online expatriate Community and Network
-
53/100
10th
Logo for Yik Yak
Yik Yak
2013, Atlanta (United States), Acquired
Anonymous college social media platform connecting students within their campus
$75M
47/100
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Looking for more details on Reddit's competitors? Click here to see the top ones

Reddit's Investments and acquisitions

Reddit has made 2 investments in companies including Stream and Imgur. Reddit has also acquired 6 companies including Memorable and Oterlu.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 01, 2024
Acquisition
2020
Cambridge (United States)
Oct 22, 2022
Acquisition
2019
Gothenburg (Sweden)
Sep 01, 2022
Acquisition
2016
San Francisco (United States)
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Reports related to Reddit

Here is the latest report on Reddit's sector:

News related to Reddit

lockFilter this list
Media has covered Reddit for a total of 142 events in the last 1 year, 90 of them have been about company updates and 13 about partnerships.
•
Reddit Reports Third Quarter 2026 ResultsBusiness Wire•Oct 30, 2026•Reddit
•
Reddit Rolls Out AI-Powered Max Campaigns to All AdvertisersSocial Media Today•Sep 04, 2026•Reddit
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