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Social Platforms Sector

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About Social Platforms

There are 23K companies in the Social Platforms sector across the world, with 4.92K funded companies having collectively raised $56.3B in venture capital money and private equity. Overall 1.11K of these are Series A+ funded and the sector has seen the creation of 22 Unicorns.
Social Platforms sector has seen 603 acquisitions and 114 IPOs.
This sector includes online platforms that provide a medium for individuals or businesses to connect, network, interact, share multimedia content, or seek collaboration opportunities with other individuals or businesses.
Social Platforms sector is also known as SocialHub, SocialWeb, Social Web, Social Networking Platforms, Social Networks or social apps.

Companies included in Social Platforms sector

Social networking sites, professional networking sites, online communities, blogging platforms, social feed aggregators, social discovery platforms, community and network enablers, and social platforms that are commerce-enabled.

Companies excluded in Social Platforms sector

Online dating and matchmaking sites, mobile messaging apps, video chat apps, online chat rooms, social gaming, social data analytics companies, recruitment portals, content distribution platforms, and review platforms. Platforms used by employees in enterprises for communication are also excluded.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions
Also known as
SocialHub or SocialWeb

Market Map of Social Platforms

The market map of Social Platforms gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Social Platforms sector are Video Sharing Platforms, Sports Social Networks and Online Patient Communities.
Recent BlueBox/Industry Definition image of Social Platforms

Reports related to Social Platforms

Here are some reports related to Social Platforms sector:
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Top Companies in Social Platforms

There are more than 23K companies in Social Platforms. Facebook is the top Social Platforms company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Social Platforms companies globally:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Operator of a social networking service facilitating connection and communication
Menlo Park (United States)
2004
Public
$2.27B
Network of resources for professional networking, job searching, and skill development
Sunnyvale (United States)
2002
Acquired
$144M
Social platform for sharing short videos
Beijing (China)
2011
Public
$4.79B
Platform allowing writers to publish and monetize their content directly with readers.
San Francisco (United States)
2017
Series C
$190M
ESports social video streaming platform
San Francisco (United States)
2006
Acquired
$35.1M
Get a longer list of companies

Companies founded year-on-year in the Social Platforms sector

557 new startups have been founded so far in 2026 in the Social Platforms sector. 2,259 Social Platforms startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Social Platforms sector2026202520242023202220212020201920182017Founded Year05001,0001,5002,0002,500Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
557
2025
345
2024
384
2023
841
2022
1,304
2021
1,602
2020
2,259
2019
1,308
2018
1,388
2017
1,197

Companies founded across countries in the Social Platforms sector

United States has 6,896 Social Platforms startups, the most by any country, followed by India which has 2,988 startups and United Kingdom which has 1,758.

Companies founded across countries in the Social Platforms sectorUnited S...IndiaUnited K...ChinaGermanyCanadaFranceAustrali...Singapor...IsraelCountries01,5003,0004,5006,0007,500Count of Number of Companies
  • Total Number of Companies
Country
No. of companies
United States
6,896
India
2,988
United Kingdom
1,758
China
1,708
Germany
808
Canada
601
France
481
Australia
379
Singapore
348
Israel
316

Stage-wise distribution of the Social Platforms sector

Out of the total 23,011 Social Platforms companies, 4,925 have secured funding. Among them, 1,109 have reached Series A or higher, and 853 to Series B or beyond.

Founded - 23,011
Funded - 4,925
Series A+ - 1,109
Series B+ - 853
Series C+ - 778
Company Stage
No. of companies
Founded
23,011
Funded
4,925
Series A+
1,109
Series B+
853
Series C+
778
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  • 23K+ Total Companies
  • $56.3B+ Total Funding
  • 4.9K+ Funded Companies
  • 110+ IPOs
  • 600+ Acquisitions
  • 25+ Reports

Top Investors in Social Platforms

Techstars is the top investor in Social Platforms companies based on number of companies invested.
Here are some top investors in Social Platforms:
See a more detailed list of investors

M&A activity in Social Platforms

In the year 2026, till August 2026, 5 acquisitions happened in Social Platforms sector. Last year, in 2025, a total of 17 acquisitions happened in Social Platforms sector.
Here are some recent, important acquisitions in Social Platforms:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Aug 26, 2026
Business Acquisition
Aug 11, 2026
-
 
Business Acquisition
Aug 04, 2026
Business Acquisition
Jul 17, 2026
Business Acquisition
Jun 12, 2026
See a more detailed list of acquisitions

Acquisition trends in Social Platforms

Here are the acquisition trends in Social Platforms:

Acquisition trends in Social Platforms2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0918273645Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
5
2025
17
2024
21
2023
20
2022
25
2021
39
2020
29
2019
34
2018
28
2017
43

IPOs in Social Platforms

In the year 2025, till March 2025, 1 IPO happened in Social Platforms sector.
Here are some recent, important IPOs in Social Platforms:
Company
IPO Date
Exchange Symbol
Mar 06, 2025
National Association of Securities Dealers Automated Quotations (NASDAQ)
Nov 08, 2024
Euronext Exchange (Euronext)
Aug 08, 2024
Mexican Stock Exchange (BMV)
Mar 21, 2024
National Association of Securities Dealers Automated Quotations (NASDAQ)
Dec 08, 2023
Singapore stock exchange. ( SGX)
See a more detailed list of IPOs

Top News in Social Platforms

X launches API for business chatbot accountsSocial Media TodayAug 28, 2026X
SpaceX's X Platform Open-Sources AlgorithmTrending TopicsAug 17, 2026X, SpaceX
View all Social Platforms Top News

FAQs about Social Platforms sector

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