Snap
NYSE: SNAPMiami, US · Founded 2013 · Delaware corporation · 10 known investors
Snap operates Snapchat, a visual messaging app for communicating with friends and family through images, alongside Spectacles AR glasses and Lens Studio, a tool for developers to build augmented reality and AI experiences. The company serves consumers and developers in the social communication and AR space.
ConsumerMedia & EntertainmentSocial
Founders & leadership
Snap was founded in 2013 by Evan Spiegel and Bobby Murphy.
ES
BM
NP
Newton PorterExecutive
TA
Taylor AuerbachExecutive
Board
WT
Wei-Chun TaiBoard director
Investors · 10
Access Technology Ventures
General CatalystSan Francisco · $30M
Graph VenturesNew York · $5K – $5M
Graphene VenturesPalo Alto · $500K – $2M
IVP (Institutional Venture Partners)San Francisco · $15M – $75M
Lightspeed Venture PartnersMenlo Park · $1.7M – $87Mvia Barry Eggers · quoted
Skycatcher FundAustin
Transmedia CapitalSan Francisco · $5M
Coatue ManagementreportedNew York · $1M – $20M
Olive Tree CapitalreportedBoston
Reported raises · per SEC filings
Form D private placements$875K disclosed across 2 rounds · 2015–2016
▶$300KraisedAug 2016 · 2 investors · Other TechnologyRule 506(b)
▶$300KraisedAug 2016 · 2 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Taylor AuerbachExecutive Officer, Director
- Newton PorterExecutive Officer, Director
- Wei-Chun TaiDirector
- Offering amount
- $500K
- Amount sold
- $300K
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$575KraisedSep 2015 · 7 investors · Other TechnologyRule 506(c)
▶$575KraisedSep 2015 · 7 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Wei-Chun TaiDirector
- Newton PorterExecutive Officer, Director
- Taylor AuerbachExecutive Officer, Director
- Offering amount
- $825.5K
- Amount sold
- $575K
- Minimum investment
- $25K
- First sale
- Jul 2015
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlapDisplair2090 shared keywordsMashable is a digital media and news publication covering technology, science, entertainment, digital culture, and consumer product reviews. It publishes articles, gift guides, deals, and online games alongside coverage of internet creators and social trends.
Digital1272 shared keywordsDigital Trends is a consumer technology media outlet that publishes news, reviews, and buying guides covering gadgets, electronics, software, AI, automobiles, and entertainment. It serves general consumers looking for product recommendations and coverage of tech industry developments.
Companies competing with Snap for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Former Snap Employee Says Company's “Valuation Is Built on a House of Cards”fool.com · Apr 2017
A Silicon Valley high school turned $15,000 into millions with Snap investmentqz.com · Mar 2017
Snap Jumps in Debut After App Maker Raises $3.4B in IPObloomberg.com · Mar 2017Frequently asked questions
- What does Snap do?
- Snap operates Snapchat, a visual messaging app for communicating with friends and family through images, alongside Spectacles AR glasses and Lens Studio, a tool for developers to build augmented reality and AI experiences. The company serves consumers and developers in the social communication and AR space.
- Who founded Snap?
- Snap was founded by Evan Spiegel, Bobby Murphy in 2013.
- Who are Snap's investors?
- Snap's investors include Access Technology Ventures, General Catalyst, Graph Ventures, Graphene Ventures, IVP (Institutional Venture Partners), Lightspeed Venture Partners, Skycatcher Fund, Transmedia Capital and 2 more.
- How much funding has Snap raised?
- Snap has disclosed $875K raised across 2 rounds.
- Where is Snap headquartered?
- Snap is headquartered in Miami, US.
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