Snapchat - About the company
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 398 active competitors, including 37 funded and 27 that have exited. Its top competitors include companies like Meitu, Kik and Snap.
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/
- 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
Ranked
2nd among 398 active competitors
Employee Count
3 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Snapchat
Snapchat is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Snap Latvia CIN: 40203031062 , Latvia, Deadpooled | Nov 08, 2016 | €1M - €10M (As on Dec 31, 2018) | - | - |
SNAPS GROUP LIMITED CIN: 14977754 , United Kingdom, Active | Jul 02, 2023 | - | - | |
SNAP, INC. CIN: 541886708 , United States, Active | Dec 31, 2010 | - | 3519 (As on Dec 01, 2024) | - |
Snapchat's IPO details
Snapchat got listed on Mar 03, 2017.
Click here to take a look at Snapchat's IPO in detail
Sign up to download Snapchat's company profile
Snapchat's funding and investors
Snapchat has raised a total funding of $2.62B over 10 rounds. Its first funding round was on Apr 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 60 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 | - | - | - | |
Nov 14, 2017 | $146M | Post IPO | - | - | - | |
Nov 04, 2016 | Undisclosed | Series F | $25B | - | - |
View details of Snapchat's funding rounds and investors
Snapchat's founders and board of directors
Founder? Claim ProfileThe 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 and 1 phone number
- 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 3 employees as of Sep 26. Here is Snapchat's employee count trend over the years:
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Snapchat's Competitors and alternates
Top competitors of Snapchat include Meitu, Kik and Snap. Here is the list of Top 10 competitors of Snapchat, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of image, video, and design creation software and applications | $525M | 86/100 | ||
2nd | Snapchat 2011, Los Angeles (United States), Public | Provider of multimedia messaging application | $2.62B | 82/100 | |
3rd | Kik 2009, Santa Monica (United States), Acquired | Multimedia messaging app | $166M | 71/100 | |
4th | Snap 2011, Santa Monica (United States), Public | Developer of a visual messaging service and AR creation tools | - | 70/100 | |
5th | Signal 2018, Mountain View (United States), Seed | Provider of a platform for secure messaging | $50M | - | 70/100 |
6th | Yope 2021, Middletown (United States), Seed | Photo-sharing app | $20M | 66/100 | |
7th | Photo sharing platform and stock photo marketplace | $23M | 58/100 | ||
8th | Daze 2024, New York (United States), Series A | Provider of messaging platform | $5.7M | 51/100 | |
9th | Image and video sharing social platform | $3.92M | 47/100 | ||
10th | Chirp 2011, London (United Kingdom), Acquired | Sharing information through sound | $8M | 47/100 |
Looking for more details on Snapchat's competitors? Click here to see the top ones
Snapchat's Investments and acquisitions
Snapchat has made 7 investments in companies including Yellow Card Financial and Galaxy. 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 |
|---|---|---|---|---|
Aug 04, 2026 | Investments | 2016 | Auburn (United States) | |
Jul 21, 2022 | Investments | 2019 | Brooklyn (United States) | |
May 12, 2022 | Acquisition | 2019 | Toronto (Canada) |
See all investments and acquisitions by Snapchat
Reports related to Snapchat
Here is the latest report on Snapchat's sector:
News related to Snapchat
Media has covered Snapchat for a total of 103 events in the last 1 year, 61 of them have been about company updates and 13 about partnerships.
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Snapchat enhances commerce tools with expanded Dynamic Product Ads and new AI promotionsSocial Media Today•Sep 11, 2026•Snapchat
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Snapchat Introduces New Event Creation Tools to Facilitate Real-Life MeetupsSocial Media Today•Sep 11, 2026•Snapchat
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Galaxy Z Fold 8 Is Reportedly a Hit, Samsung Borrows Parts for More ShipmentsPCMag•Sep 02, 2026•Samsung, Snapchat
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Snapchat Expands Unified Attribution Globally with Adjust and AppsFlyerMarketingDive•Aug 31, 2026•Snapchat
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Officeworks first retailer to activate Snapchat's advertising formats via Zitcha platformRetail Technology Innovation Hub•Aug 26, 2026•Officeworks, Snapchat, Zitcha
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Snapchat Cracks Down on AI-Generated Videos: What Creators Need to Know - ArchynewsyArchynewsy•Aug 06, 2026•Snapchat
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Snapchat Pitches Ad Platform to SMBs, Highlighting Younger Audience ReachSocial Media Today•Aug 04, 2026•Snapchat
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Snapchat Integrates with HubSpot to Enhance Lead Generation CampaignsMarketingDive•Jul 31, 2026•HubSpot, Snapchat, Snap
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