Fundraising Fox

Substack

YC W18 ↗

San Francisco, US · Founded 2017 · Delaware corporation · 90 employees · 8 known investors

substack.com ↗

Substack is a publishing platform that allows writers to create newsletters, cultivate audiences, and earn revenue through reader subscriptions.

Enterprise SoftwareMarketing TechMarketplacesMarketplacein /company@substackincycombinator.com ↗

Founders & leadership· Y Combinator alumni (W18)

CBChris Best
Chris Bestin𝕏Founder/CEO
JSJairaj Sethi
Jairaj SethiinFounder
HMHamish McKenzie
Hamish McKenzieinFounder/COO
AC
Andrew ChenDirector

Investors · 8

Connetic VenturesCovington · $250K – $500K
FundersClubSan Francisco · $250K – $5M
J17 Capital
Wisdom VenturesLos Gatos
Wonder VenturesLos Angeles · $100K – $1.5M
Y CombinatorSan Francisco · $500K
Andreessen Horowitzreported · 2 sourcesMenlo Park · $500K – $50Mvia Andrew Chen · led
Bond Capital ManagementreportedSan Francisco · $100K – $25M

Reported raises · per SEC filings

Form D private placements
▶$3.3MraisedMay 2023 · 1 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Hamish McKenzieDirector
  • Christopher BestExecutive Officer, Director
  • Andrew ChenDirector
Offering amount
$5M
Amount sold
$3.3M
First sale
May 2023
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$65MraisedJun 2021 · 33 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher BestExecutive Officer, Director
  • Hamish McKenzieDirector
  • Andrew ChenDirector
Offering amount
$65M
Amount sold
$65M
First sale
Apr 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$19.1MraisedJul 2019 · 32 investors · Other
Rule 506(b)
A16Z Leads $15.3m Round in Newsletter Publishing Platform Substack (YC W18)fortune.com · Jul 2019Substack (YC W18) Raises $15.3m from Andreessen Horowitzon.substack.com · Jul 2019
Officers, directors & promoters on the filing
  • Christopher BestExecutive Officer, Director
  • Hamish McKenzieDirector
  • Andrew ChenDirector
Offering amount
$19.1M
Amount sold
$19.1M
First sale
Jul 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

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