An online platform of user-created communities, called subreddits, where people post, discuss and vote on content. Most of its revenue comes from advertising.
Consumer & mediaSocial media and online communitiesSan Francisco, United States
FoundersSince 2005
- Valuation
- $10B
- Total raised
- $1.3B
- Last round · Aug 2021
- Series F
- Founded
- 2005
- Employees
- 2,555
- Quarters in VP50
- 11
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Jul 31, 2017 | $1.8B | $200M | Andreessen Horowitz and Sequoia Capital |
| Series D | Feb 11, 2019 | $3.0B | $300M | Tencent |
| Series F | Aug 12, 2021 | $10B | $410M | Fidelity |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: #22
- Q1 2024: #22
- Q2 2024: no place
- Q3 2024: no place
- Q4 2024: no place
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #19, held for two quarters in a row.
Funding rounds
DateRound · leadRaisedValuation
Team
- Steve HuffmanCo-founder, CEO, President
- Alexis OhanianCo-founder
- Jennifer WongCOO
- Andrew VolleroCFO
- Benjamin LeeChief legal officer, Corporate secretary
