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.

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.

How many employees does Reddit have?

As of Dec 31, 2023, the latest employee count at Reddit is 2013.

Is Reddit a funded company?

Reddit is a funded company, having raised a total of $1.3B across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2005.

When was the latest funding round of Reddit?

Reddit's latest funding was a $***** Series F round on Aug 2021, with participation from 1 investor.

What is the annual revenue of Reddit?

Annual revenue of Reddit is $1.19B as on Dec 31, 2024.

Where does Reddit rank among its competitors?

Reddit ranks 3rd amongst 455 active competitors, of which 45 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Reddit, which secured $410M in Aug, 2021.

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 August, 2021.

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

Company Details

Online platform for communities and human connection. It is a social news aggregation, content rating, and discussion website where registered users submit content such as links, text posts, images, and videos, which are then voted up or down by other members.

Website: redditinc.com
Social
Email ID: *****@reddit.com

Key Metrics

Founded Year

2005

Location

San Francisco, United States

Stage

Public

Total Funding

$1.3B in 6 rounds

Latest Funding Round

Series F, Aug 2021, $*****

Investors

Fidelity Investments & 19 more

Ranked

3^rd among 455 active competitors

Annual Revenue

$1.19B as on Dec 31, 2024

Employee Count

2,013 as on Dec 31, 2023

Similar Companies

FANDOM & 879 more

Exit Details

Public

View Reddit's full profile

Reddit is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
REDDIT, INC. CIN: 45-2546501 , United States, Active	Aug 12, 2024	$1.19B (As on Dec 31, 2024)	2013 (As on Dec 31, 2023)	-

Reddit got listed on Mar 21, 2024.

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

Reddit has raised a total funding of $1.3B over 6 rounds. Its first funding round was on 2005. Its latest funding round was a Series F round on Aug 2021 for $*****. 1 investor participated in its latest round. Reddit has 9 institutional investors and 11 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
Aug 2021	8277429	Series F	3985444	3741222	5192264	9943747
Feb 08, 2021	5964869	Series E	7637335	2848032	9626969	7485146
Feb 11, 2019	1663703	Series D	3155944	1853367	Tencent	8632970

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. Steve Huffman is the CEO of Reddit.

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

Alexis Ohanian: Former Co-Founder of Reddit and founder of 4 other companies, including Breadpig, Seven Seven Six and Initialized Capital. They are also an angel investor in 89 startups and serve on the board of 1 company.
Steve Huffman: Co-Founder & CEO of Reddit and founder of 3 other companies, BioXcel, Reddit and Hipmunk. They are also an angel investor in 11 startups.
Aaron Swartz: Former 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 2,013 employees as of Dec 23. The total employee count is 4.0% more than what it was in Dec 22. 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	FANDOM 2005, San Francisco (United States), Series E	Online social platform for media enthusiasts	$191M	IVP, Amazon & 16 others	75/100
2nd	Tumblr 2007, New York City (United States), Acquired	Operator of a social networking platform for content sharing	$120M	Union Square Ventures, Spark Capital & 16 others	73/100
3rd	Reddit 2005, San Francisco (United States), Public	Online platform for communities and human connection	$1.3B	Fidelity Investments, Tencent & 18 others	72/100
4th	Amino Apps 2011, New York City (United States), Series C	Online communities enabler	$72.3M	Google Ventures, Union Square Ventures & 16 others	67/100
5th	Whisper 2012, Santa Monica (United States), Series C	Social platform for local anonymous discussions	$61M	Tencent, Shasta Ventures & 12 others	63/100
6th	Mix 2016, San Francisco (United States), Funding Raised	Community platform to discover & share entertaining content	-	Expa, Sherpalo Ventures	55/100
7th	Ranker 2009, Los Angeles (United States), Series A	Crowdsourced ranking platform for entertainment, history, lifestyle, and more	$4.05M	Lowercase Capital, Bullpen Capital & 14 others	51/100
8th	Dcard 2015, Taipei (Taiwan), Funding Raised	Social platform for students to connect anonymously	-	SIG Venture Capital, JAFCO Asia & 3 others	48/100
9th	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
10th	Tapatalk 2009, Santa Monica (United States), Seed	Online community app for interest-based discussions	$5.89M	Floodgate, Lionfish Capital & 5 others	47/100