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 Chantilly, Virginia.

Who is the current CEO of Snapchat?

Evan Spiegel of Snapchat. They have also founded 3 companies.

How many employees does Snapchat have?

As of Dec 31, 2022, the latest employee count at Snapchat is 97.

Is Snapchat a funded company?

Snapchat is a funded company, having raised a total of $2.62B across 10 funding rounds to date. The company's 1st funding round was a $485K Seed round, raised on Apr 12, 2012.

When was the latest funding round of Snapchat?

Snapchat's latest funding was a $250M Post IPO round on Aug 07, 2018, with participation from 1 investor.

What is the annual revenue of Snapchat?

Annual revenue of Snapchat is $4.61B as on Dec 31, 2023.

Is Snapchat a Communication Apps company?

The primary sectors of Snapchat are Communication Apps and Online Photos.

Where does Snapchat rank among its competitors?

Snapchat ranks 2nd amongst 392 active competitors, of which 35 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Pica Group, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Snapchat?

Snapchat's top competitors include Meitu, Snap and Kik. Among them, Pica Group secured the most recent funding round in July, 2025.

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

Snapchat is a public company based in Los Angeles (United States), founded in 2011 by Evan Spiegel, Bobby Murphy and Reggie Brown. It operates as a Provider of multimedia messaging application. Snapchat has raised $2.62B in funding from investors like Yahoo, Lightspeed Venture Partners and Benchmark. The company has 392 active competitors, including 35 funded and 28 that have exited. Its top competitors include companies like Meitu, Snap and Kik.

Sectors and market segments that Snapchat operate in

Snapchat serves in the Mobile, Media & Entertainment market segments.The primary business model of Snapchat are:

Company Details

Provider of multimedia messaging application. It offers users to send ephemeral messages to others. It provides solutions to capture photos and videos from their devices, edit with multiple filters, and share photos and video clip messages with friends. It offers features such as short videos, live video chatting, messaging, creating Bitmoji avatars, and sharing photos and videos through stories. It also provides a memories feature that allows users to store the snaps and stories in a private storage area. The application is available for both Android and iOS users.

Website: www.snapchat.com/
Social
Part Of
Registered Address: Chantilly, Virginia

Key Metrics

Founded Year

2011

Location

Los Angeles, United States

Stage

Public

Total Funding

$2.62B in 10 rounds

Latest Funding Round

Post IPO, Aug 07, 2018, $250M

Investors

Yahoo & 61 more

Ranked

2^nd among 392 active competitors

Annual Revenue

$4.61B as on Dec 31, 2023

Employee Count

97 as on Dec 31, 2022

Investment & Acquisitions

Galaxy & 23 more

Similar Companies

Snap & 466 more

Exit Details

Public

View Snapchat's full profile

Snapchat is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SNAPS GROUP LIMITED CIN: 14977754 , United Kingdom, Active	Jul 02, 2023	-	-
SNAP, INC. CIN: 541886708 , United States, Active	Dec 31, 2010	$4.61B (As on Dec 31, 2023)	31 (As on Dec 31, 2024)	-
Snap Latvia CIN: 40203031062 , Latvia, Deadpooled	Nov 08, 2016	$2.19M (As on Dec 31, 2018)	5 (As on Dec 31, 2018)	-

Snapchat got listed on Mar 03, 2017.

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

Snapchat has raised a total funding of $2.62B over 10 rounds. Its first funding round was on Apr 12, 2012. Its latest funding round was a Post IPO round on Aug 07, 2018 for $250M. 1 investor participated in its latest round. Snapchat has 59 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Snapchat:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 07, 2018	$250M	Post IPO	-	-	-	Al-Waleed Talal
Nov 14, 2017	$146M	Post IPO	-	-	-	Tencent
Nov 04, 2016	Undisclosed	Series F	$25B	-	CapitalG	-

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View details of Snapchat's funding rounds and investors

The founders of Snapchat are Evan Spiegel, Bobby Murphy and Reggie Brown. Evan Spiegel is the CEO of Snapchat.

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

Evan Spiegel: Co-Founder & CEO of Snapchat and founder of 2 other companies, Snap and Toyopa Group.
Contact Info: 2 email addresses
Bobby Murphy: Co-Founder of Snapchat and founder of 2 other companies, Snap and Toyopa Group.
Contact Info: 2 email addresses
Reggie Brown: Co-Founder of Snapchat.
Contact Info: 1 email address

View details of Snapchat's Founder profiles and Board Members

Snapchat's employee count trend

Snapchat has 97 employees as of Dec 22. The total employee count is 39.0% lower than what it was in Dec 21. Here is Snapchat's employee count trend over the years:

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Top competitors of Snapchat include Meitu, Snap and Kik. Here is the list of Top 10 competitors of Snapchat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Meitu 2008, Xiamen (China), Public	Developer of image, video, and design creation software and applications	$525M	IDG Capital, Qiming Venture Partners & 19 others	85/100
2nd	Snapchat 2011, Los Angeles (United States), Public	Provider of multimedia messaging application	$2.62B	TrueBridge, Harmony Venture Partners & 60 others	76/100
3rd	Snap 2011, Santa Monica (United States), Public	Developer of a visual messaging service and AR creation tools	-	G Squared, IVP & 17 others	72/100
4th	Kik 2009, Santa Monica (United States), Acquired	Multimedia messaging app	$166M	Spark Capital, Union Square Ventures & 16 others	70/100
5th	Yope 2021, Middletown (United States), Seed	Photo-sharing app	$6.65M	ICLUB, TA Ventures & 13 others	56/100
6th	9GAG 2008, Hong Kong (China), Seed	Image and video sharing social platform	$3.92M	500 Global, True Ventures & 7 others	55/100
7th	Zalo 2012, Ho Chi Minh City (Vietnam), Unfunded	Messaging and chat app	-	-	55/100
8th	500px 2009, Toronto (Canada), Acquired	Photo sharing platform and stock photo marketplace	$23M	Harrison Metal, Andreessen Horowitz & 8 others	53/100
9th	Daze 2024, New York (United States), Series A	Provider of messaging platform	$5.7M	Uncommon Projects, Andreessen Horowitz & 7 others	51/100
10th	Pica Group 2018, Milano (Italy), Seed	Online photo-sharing platform	$5.87M	Prana Ventures, Luiss Alumni 4 Growth & 1 others	50/100

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

Snapchat has made 6 investments in companies including Galaxy and Aleph. Snapchat has also acquired 18 companies including KeyDB and AI Factory.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 21, 2022	Investments	Galaxy	2019	Brooklyn (United States)
May 12, 2022	Acquisition	KeyDB	2019	Toronto (Canada)
Feb 23, 2022	Investments	Aleph	2020	Miami (United States)