Fundraising Fox

Gfycat

Acquired

Mountain View, US · Founded 2015 · Delaware corporation · 3 known investors

GIF/media platform that grew to 200 million monthly active users and was acquired by Snap.

Also known as Gfycat, co.

Founders & leadership

Gfycat was founded in 2015 by Dan McEleney and Richard R. Rabbat.

DM
Dan McEleneyCo-founder
RR
Richard R. RabbatCo-founder

Board

EF
Ernestine FuBoard director

Investors · 3

Funding

SEC filings, press & company announcements

$2M disclosed across 1 of 3 rounds · 2015–2025

▶$2MraisedJul 2015 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dan McEleneyDirector
  • Ernestine FuDirector
  • Richard R. RabbatExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
First sale
Jul 2015
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Gfycat was a user-generated short video hosting company that offered a web platform for uploading and hosting short looping video content. It was among the first web services to offer video encoding of GIFs, converting standard video formats into HTML5-based looping files that were substantially smaller than legacy animated GIFs while preserving frame rate and resolution. Alongside the core website, Gfycat shipped an iMessage app, an Android app, and the GIF Brewery macOS application for GIF and video creation.

The platform combined a consumer content hub with a developer toolset, exposing an API that let third-party applications integrate its encoding. Gfycat maintained integrations with Reddit, the messaging app Tango, Microsoft Outlook, Skype and WordPress, among others. In December 2019 it launched redgifs.com as a separate destination for adult content, and on May 12, 2020 banned adult content from Gfycat entirely; the redgifs service was subsequently sold to another company.

Snap Inc., the parent company of Snapchat, acquired Gfycat in 2020. On June 30, 2023 Gfycat announced it would discontinue service, and the site was taken offline on September 1, 2023, with all hosted content and user data deleted from gfycat.com.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Languages supportedJan 202316 languages
Monthly active usersJan 2023220,000,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 10

launches, deals, and filings
Sep 2023
Service shut down and website taken offline

The Gfycat website was taken offline and hosted content deleted. Wikipedia lists the company as dissolved on this date.

source ↗

Jun 2023
Announced discontinuation of service

Gfycat posted a notice that the service was being discontinued and that all content and data would be deleted from gfycat.com after September 1, 2023.

source ↗

May 2023
TLS certificate expiry made site inaccessible

The TLS certificate for gfycat.com expired on May 18, 2023, making the platform inaccessible to most users for about five days; it was renewed on May 22, with a Snap spokesperson calling it a temporary issue, though upload problems persisted.

source ↗

May 2020
Acquired by Snap Inc.

Gfycat was acquired by Snap Inc., parent company of Snapchat. TechCrunch reports the acquisition occurred in 2020.

source ↗

Dec 2019
Launched redgifs.com for adult content

Gfycat launched a separate site, redgifs.com, for adult content; adult content was banned on Gfycat itself on May 12, 2020.

source ↗

Jan 2018
Alleged data breach affecting an estimated 8 million accounts

An alleged data breach reportedly compromised approximately 8 million accounts, with the database offered for sale on the Dream Market.

source ↗

Dec 2016
Launched Android mobile GIF creator

Gfycat released a mobile GIF creation app for Android.

source ↗

Nov 2016
Acquired GIF Brewery macOS app

Gfycat acquired the GIF Brewery Mac application to extend its GIF creation capabilities to the desktop.

source ↗

Oct 2016
Launched iMessage app

Gfycat brought its higher-quality GIFs and DIY creation tools to iMessage.

source ↗

Jan 2016
Finalist, Advertising Age Creativity Awards, 'Startup to Watch'

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
GfycatDelaware

In the news

▸Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Gfycat do?
Gfycat was a user-generated GIF and short-video hosting platform, acquired by Snap in 2020 and shut down in 2023.
Who founded Gfycat?
Gfycat was founded by Dan McEleney, Richard R. Rabbat in 2015.
Who are Gfycat's investors?
Gfycat's investors include Alsop Louie Partners, Pear VC, Sturgeon Capital.
How much funding has Gfycat raised?
Gfycat has disclosed $2M raised across 1 of its 3 known rounds.
Where is Gfycat headquartered?
Gfycat is headquartered in Mountain View, US.