San Francisco, US · Founded 2005 · Incorporated in Delaware · 2,000 employees · 35 known investors
Find your way into Reddit
793 people in our graph share verified history with the Reddit team — schools, employers, funds. One of them is your warm intro.
A social platform where users post content and discussions that are ranked by community votes, reaching hundreds of millions of monthly visitors across web and mobile applications.
Also known as Reddit Inc.
Founders & leadership· Y Combinator alumni (S05)
Reddit was founded in 2005 by Steve Huffman and Alexis Ohanian.
Board
Investors · 35
Also in the syndicate · 2
Reported raises · per SEC filings
Form D private placements$1.3B disclosed across 4 of 6 rounds · 2017–2021
▶$410MraisedAug 2021 · 35 investors · OtherRule 506(b)
- Alex LeExecutive Officer
- Benjamin LeeExecutive Officer
- Porter GaleDirector
- Andrew VolleroExecutive Officer
- Roxy YoungExecutive Officer
- Robert A. Sauerberg, Jr.Director
- Michael SeibelDirector
- Jennifer WongExecutive Officer
- Chris SloweExecutive Officer
- Harold KlajeExecutive Officer
- Sam AltmanDirector
- Paula PriceDirector
- Nellie PeshkovExecutive Officer
- Steve HuffmanExecutive Officer, Director
- Offering amount
- $700M
- Amount sold
- $410M
- First sale
- Aug 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$367.9MraisedFeb 2021 · 13 investors · OtherRule 506(b)
- Jennifer WongExecutive Officer
- Joel MeekExecutive Officer
- Steve HuffmanExecutive Officer, Director
- Sam AltmanDirector
- Porter GaleDirector
- Paula PriceDirector
- Robert A. Sauerberg, Jr.Director
- Michael SeibelDirector
- Benjamin LeeExecutive Officer
- Offering amount
- $500M
- Amount sold
- $367.9M
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$300MraisedFeb 2019 · 7 investors · OtherRule 506(b)
- Keith RaboisDirector
- Alexis OhanianDirector
- Jennifer WongExecutive Officer
- Sam AltmanDirector
- Joel MeekExecutive Officer
- Melissa TidwellExecutive Officer
- Steven HuffmanExecutive Officer, Director
- Robert A. Sauerberg, Jr.Director
- Offering amount
- $300M
- Amount sold
- $300M
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$182.4MraisedJul 2017 · 31 investors · OtherRule 506(b)
- Keith RaboisDirector
- Robert A. Sauerberg, Jr.Director
- Alexis OhanianDirector
- Melissa TidwellExecutive Officer
- Sam AltmanDirector
- Steven HuffmanExecutive Officer, Director
- Offering amount
- $250M
- Amount sold
- $182.4M
- First sale
- Jul 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Reddit is a social platform organized around user-created communities focused on particular interests, ranging from news and sports to television discussion and animal photos. Users participate by posting stories, links, images and videos; commenting on those posts; and upvoting or downvoting both posts and comments, a mechanism that surfaces the content the community judges most interesting. The company describes itself as home to thousands of communities and states that millions of people post, vote and comment each day.
As a business, Reddit has been expanding its advertising offerings and capabilities, broadening internationally, and diversifying the product experience with new formats such as video and audio for community interaction. The company has also built out corporate functions, including hiring its first chief financial officer and establishing a comprehensive finance organization, and continues to invest in infrastructure and moderation tooling.
Business model
Reddit operates a free-to-use consumer platform whose commercial activity centers on advertising sold against community engagement; the company has described bolstering its advertising offerings and capabilities as a strategic investment area.
Advertising is the disclosed revenue line: Reddit reported its first $100 million advertising revenue quarter in Q2 2021, a 192 percent increase over the same quarter of the prior year.
Traction
As of June 2026 the company publishes headline figures for daily and weekly active uniques, active communities, and cumulative posts and comments, though the numeric values were not rendered in the retrieved page. Reddit reported surpassing $100 million in quarterly advertising revenue for the first time in Q2 2021, up 192 percent year over year.
Latest developments
In August 2026 Reddit announced it would be added to the S&P 500, named Paul Cappuccio as Chief Legal Officer, and published updates on modernizing its infrastructure and moderation tools.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Reddit positions itself as a large-scale community platform reporting hundreds of millions of active users on a weekly basis and billions of posts and comments; as of August 2026 it was announced for addition to the S&P 500 index.
Technology
The platform relies on community voting to rank posts and comments so that content judged most interesting rises to the top; the company has publicly described work on modernizing its infrastructure and moderation tools.
Go-to-market
Growth is pursued through community expansion, international market entry, and product diversification into video and audio formats, alongside a direct advertising business supported by expanded ad capabilities.
Consumers who join interest-based communities to post, comment and vote, and advertising clients that Reddit refers to as part of its user, employee, client and investor constituencies.
Geography
Headquartered in San Francisco, with international expansion into the United Kingdom, Canada and Australia and stated plans for additional countries.
History
In 2021 Reddit raised a Series E round and subsequently announced a Series F of up to $700 million at a post-money valuation of over $10 billion, while hiring its first chief financial officer and expanding into new international markets. By August 2026 the company was announced for inclusion in the S&P 500 and appointed a new chief legal officer.
Compiled by commissioned research from 2 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
The Reddit mafia →21 people who came through Reddit went on to found or lead other companies.
+ 9 more
Competitors · 2
by search overlap
Companies competing with Reddit for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 6
launches, deals, and filingsReddit reported expanding internationally into the United Kingdom, Canada and Australia, with more countries planned.
Reddit said it would raise up to $700 million in Series F funding led by Fidelity Management and Research Company LLC, including other existing investors, at a post-money valuation of over $10 billion.
$700M source ↗
Reddit reported hiring its first chief financial officer and building out a comprehensive finance function.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
Reddit (RDDT) Gains Ad Share Fast, Is The Stock Already Pricey? - Simply Wall St Newssimplywall.st · Jul 2026▸Research sources · 2
primary sources listed
- Reddit Inc Homepageredditinc.com · web
2 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Reddit do?
- Reddit operates a community-based social platform where users post, comment and vote on content across thousands of interest communities.
- Who founded Reddit?
- Reddit was founded by Steve Huffman, Alexis Ohanian in 2005.
- Who are Reddit's investors?
- Reddit's investors include 500 Global, A.Capital Ventures, A*, AAF Management Ltd., AlleyCorp, Andreessen Horowitz, Bitcoin Magazine, Brighter Capital and 25 more.
- How much funding has Reddit raised?
- Reddit has disclosed $1.3B raised across 4 of its 6 known rounds.
- Where is Reddit headquartered?
- Reddit is headquartered in San Francisco, US.