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.
- Website
- www.reddit.com/
- Email ID
- *****@reddit.com
- 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
Investors
Ranked
1st among 903 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
4,594 as on Jul 31, 2026
Exit Details
Acquired by Conde Nast (Oct 31, 2006)
Legal entities associated with Reddit
Reddit is associated with 16 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Reddit, Inc. CIN: 1713445 , United States, Active | $1B+ (As on Dec 31, 2025) | - | - | |
REDDIT, INC. CIN: 45-2546501 , United States, Active | Aug 12, 2024 | - | 2013 (As on Dec 31, 2023) | - |
IT Galaxy CIN: 43603054369 , Latvia, Active | Jun 27, 2012 | €0 - €1M (As on Dec 31, 2014) | 1 (As on Dec 31, 2015) | - |
Red Flag ApS CIN: 37445045 , Denmark, Deadpooled | Feb 10, 2016 | - | - | |
It Takes 2 IVS CIN: 39293331 , Denmark, Deadpooled | Jan 29, 2018 | - | - | |
RED DOT ApS CIN: 31882397 , Denmark, Deadpooled | Nov 13, 2008 | - | - | |
RED X LIMITED CIN: 6255864 , United Kingdom, Active | May 21, 2007 | - | 2 (As on Jun 30, 2024) | |
Red To Blue Limited CIN: 5191467 , United Kingdom, Active | Jul 27, 2004 | - | 2 (As on Apr 30, 2022) | |
RED SEA MANAGEMENT LIMITED CIN: 3971302 , United Kingdom, Active | Apr 11, 2000 | - | 1 (As on Apr 30, 2022) | |
RED KETTLE LIMITED CIN: NI620695 , United Kingdom, Active | Oct 01, 2013 | - | 2 (As on Apr 30, 2024) | |
RED EDITION LIMITED CIN: 10124833 , United Kingdom, Active | Apr 13, 2016 | - | 1 (As on Apr 30, 2020) | |
IT MAKES SENSE LIMITED CIN: 2933533 , United Kingdom, Active | May 26, 1994 | - | 1 (As on Aug 31, 2024) | |
IT LETTINGS LTD CIN: 9306431 , United Kingdom, Active | Nov 10, 2014 | £0 - £1M (As on Mar 31, 2018) | 7 (As on Mar 31, 2025) | |
IT BOSS LIMITED CIN: 8896129 , United Kingdom, Deadpooled | Feb 13, 2014 | - | 1 (As on Feb 29, 2024) | |
IT ADVICE LIMITED CIN: 3515778 , United Kingdom, Deadpooled | Feb 23, 1998 | £0 - £1M (As on Jul 31, 2021) | 1 (As on Jul 31, 2023) | |
ED PLUS LIMITED CIN: 7097730 , United Kingdom, Deadpooled | Dec 07, 2009 | - | 125 (As on Jun 30, 2018) |
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
Sign up to download Reddit's company profile
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:
Filter 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 |
View details of Reddit's funding rounds and investors
Reddit's founders and board of directors
Founder? Claim ProfileHere 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 90 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 4,594 employees as of Jul 26. Here is Reddit's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Reddit 2005, San Francisco (United States), Acquired | Community based discussion platform | $1.62B | 85/100 | |
2nd | FANDOM 2005, San Francisco (United States), Series E | Online social platform for media enthusiasts | $191M | 74/100 | |
4th | Tumblr 2007, New York City (United States), Acquired | Operator of a social networking platform for content sharing | $120M | 66/100 | |
5th | Amino Apps 2011, New York City (United States), Series C | Online communities enabler | $72.4M | 64/100 | |
6th | Whisper 2012, Santa Monica (United States), Series C | Social platform for local anonymous discussions | $61M | 63/100 | |
7th | Mix 2016, San Francisco (United States), Funding Raised | Community platform to discover & share entertaining content | - | 60/100 | |
8th | State 2010, London (United Kingdom), Deadpooled | Social platform for public opinions | $14M | 57/100 | |
9th | InterNations 2007, Munich (Germany), Acquired | Online expatriate Community and Network | - | 53/100 | |
10th | Yik Yak 2013, Atlanta (United States), Acquired | Anonymous college social media platform connecting students within their campus | $75M | 47/100 |
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:
Filter 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) |
See all acquisitions by Reddit
Reports related to Reddit
Here is the latest report on Reddit's sector:
News related to Reddit
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.
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Reddit Enhances Lead Gen Ads with AI, New Integrations, and In-Market AudiencesSocial Media Today•Oct 07, 2026•Reddit
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Reddit Further Restricts Old Reddit Access to Combat AI Bots and ScrapingThe Verge•Sep 30, 2026•Reddit
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Reddit Stock Slides 4% Despite Strong User and Revenue Growth; Meta and Snap Show Mixed PerformanceWall St.•Sep 15, 2026•Reddit
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Reddit Launches 15-Second Video Views Ad Goal to Boost Advertiser ValueSocial Media Today•Sep 02, 2026•Reddit
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ChatGPT Designated a Very Large Online Search Engine in the EURBC•Aug 31, 2026•OpenAI, Roblox, Reddit
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