When was Reddit founded?

Reddit was founded in 2005 and raised its 1st funding round within a year of its incorporation.

Where is Reddit located?

Reddit is headquartered in San Francisco, United States. It is registered at 54 LOCKS HEATH PARK ROAD,LOCKS HEATH,SOUTHAMPTON,HAMPSHIRE,SO31 6NB.

Who is the current CEO of Reddit?

Steve Huffman of Reddit. They have also founded 1 company and are angel investors in 11 startups, including BioXcel and Hipmunk.

How many employees does Reddit have?

As of Apr 30, 2026, the latest employee count at Reddit is 4827.

Is Reddit a funded company?

Reddit is a funded company, having raised a total of $1.62B across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2005.

How much is Reddit worth?

The last known valuation of Reddit was $***** as of Aug 12, 2021.

When was the latest funding round of Reddit?

Reddit's latest funding was a $***** Series F round on May 24, 2023, with participation from 1 investor.

Where does Reddit rank among its competitors?

Reddit ranks 1st amongst 804 active competitors, of which 51 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Reddit, which secured an undisclosed amount in May, 2023.

Who are the top competitors of Reddit?

Reddit's top competitors include FANDOM, Tumblr and Whisper. Among them, Reddit secured the most recent funding round in May, 2023.

Reddit - 2026 Company Profile, Team, Funding, Competitors & Financials

Reddit is an acquired company based in San Francisco (United States), founded in 2005 by Alexis Ohanian, Steve Huffman and Aaron Swartz. It operates as a Community based discussion platform. Reddit has raised $1.62B in funding from investors like Fidelity Investments, Vy Capital and Sam Altman, with last known valuation of $*****. The company has 804 active competitors, including 51 funded and 21 that have exited. Its top competitors include companies like FANDOM, Tumblr and Whisper.

Company Details

Community based discussion platform. It is a social news and discussion website where users can share and discuss content on various topics and interests. The platform allows users to create and participate in communities of like-minded individuals, fostering discussions, debates, and sharing of knowledge.

Website: www.reddit.com/
Social
Email ID: *****@reddit.com
Part Of
Registered Address: 54 LOCKS HEATH PARK ROAD,LOCKS HEATH,SOUTHAMPTON,HAMPSHIRE,SO31 6NB

Key Metrics

Founded Year

2005

Location

San Francisco, United States

Stage

Acquired

Total Funding

$1.62B in 7 rounds

Latest Funding Round

Series F, May 24, 2023, $*****

Last Known Valuation

$***** as on Aug 12, 2021

Investors

Fidelity Investments & 32 more

Ranked

1^st among 804 active competitors

Employee Count

4,827 as on Apr 30, 2026

Investment & Acquisitions

Memorable & 6 more

Similar Companies

Tapatalk & 363 more

Exit Details

Acquired by Conde Nast (Oct 31, 2006)

View Reddit's full profile

Reddit is associated with 15 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IT Galaxy CIN: 43603054369 , Latvia, Active	Jun 27, 2012	$1.01K (As on Dec 31, 2014)	1 (As on Dec 31, 2015)	-
IT BOSS LIMITED CIN: 8896129 , United Kingdom, Active	Feb 13, 2014	-	1 (As on Feb 29, 2024)
REDDIT, INC. CIN: 45-2546501 , United States, Active	Aug 12, 2024	$2.2B (As on Dec 31, 2025)	2013 (As on Dec 31, 2023)	-
IT MAKES SENSE LIMITED CIN: 2933533 , United Kingdom, Active	May 26, 1994	-	1 (As on Aug 31, 2024)
RED X LIMITED CIN: 6255864 , United Kingdom, Active	May 21, 2007	-	2 (As on Jun 30, 2024)
ED PLUS LIMITED CIN: 7097730 , United Kingdom, Active	Dec 07, 2009	-	125 (As on Jun 30, 2018)
IT LETTINGS LTD CIN: 9306431 , United Kingdom, Active	Nov 10, 2014	$441K (As on Mar 31, 2018)	7 (As on Mar 31, 2025)
RED KETTLE LIMITED CIN: NI620695 , United Kingdom, Active	Oct 01, 2013	-	2 (As on Apr 30, 2024)
Red To Blue Limited CIN: 5191467 , United Kingdom, Active	Jul 27, 2004	-	2 (As on Apr 30, 2022)
It Takes 2 IVS CIN: 39293331 , Denmark, Deadpooled	Jan 29, 2018	-	-
RED EDITION LIMITED CIN: 10124833 , United Kingdom, Active	Apr 13, 2016	-	1 (As on Apr 30, 2020)
RED DOT ApS CIN: 31882397 , Denmark, Deadpooled	Nov 13, 2008	-	-
Red Flag ApS CIN: 37445045 , Denmark, Deadpooled	Feb 10, 2016	-	-
RED SEA MANAGEMENT LIMITED CIN: 3971302 , United Kingdom, Active	Apr 11, 2000	-	1 (As on Apr 30, 2022)
IT ADVICE LIMITED CIN: 3515778 , United Kingdom, Active	Feb 23, 1998	$11.5K (As on Jul 31, 2020)	1 (As on Jul 31, 2023)

Reddit got acquired by Conde Nast on Oct 31, 2006.

Click here to take a look at Reddit's acquisition in detail

Reddit has raised a total funding of $1.62B over 7 rounds. Its first funding round was on 2005. Its latest funding round was a Series F round on May 24, 2023 for $*****. 1 investor participated in its latest round. Reddit has 21 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Reddit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 24, 2023	3320893	Series F	3938497	9057171	9103930	1911097
Aug 12, 2021	2284625	Series F	3992506	4121894	7558123	4386596
Feb 08, 2021	8117196	Series E	7089232	8335499	Vy Capital	Andreessen Horowitz & 1 more

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View details of Reddit's funding rounds and investors

The founders of Reddit are Alexis Ohanian, Steve Huffman and Aaron Swartz.

Here are the details of Reddit's key team members:

Alexis Ohanian: Former Co-Founder of Reddit and founder of 4 other companies, including Reddit, Breadpig and Seven Seven Six. They are also an angel investor in 89 startups and serve on the board of 1 company.
Steve Huffman: Former Co-Founder & CEO of Reddit and founder of 3 other companies, Reddit, BioXcel and Hipmunk. They are also an angel investor in 11 startups.
Aaron Swartz: Co-Founder of Reddit and founder of 1 other company.
Contact Info: 1 email address

View details of Reddit's Founder profiles and Board Members

Reddit's employee count trend

Reddit has 4,827 employees as of Apr 26. Here is Reddit's employee count trend over the years:

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Top competitors of Reddit include FANDOM, Tumblr and Whisper. Here is the list of Top 10 competitors of Reddit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Reddit 2005, San Francisco (United States), Acquired	Community based discussion platform	$1.62B	Fidelity Investments, Flying Cow Ventures ... & 31 others	82/100
2nd	FANDOM 2005, San Francisco (United States), Series E	Online social platform for media enthusiasts	$191M	Amazon, IVP & 16 others	75/100
3rd	Tumblr 2007, New York City (United States), Acquired	Operator of a social networking platform for content sharing	$120M	Spark Capital, Union Square Ventures & 16 others	73/100
5th	Whisper 2012, Santa Monica (United States), Series C	Social platform for local anonymous discussions	$61M	Shasta Ventures, Tencent & 12 others	63/100
6th	Amino Apps 2011, New York City (United States), Series C	Online communities enabler	$72.3M	Google Ventures, Union Square Ventures & 16 others	58/100
7th	Mix 2016, San Francisco (United States), Funding Raised	Community platform to discover & share entertaining content	-	Expa, Sherpalo Ventures	55/100
8th	Dcard 2015, Taipei (Taiwan), Funding Raised	Social platform for students to connect anonymously	-	Taiwania Capital, JAFCO Asia & 3 others	48/100
9th	Yik Yak 2013, Atlanta (United States), Acquired	Anonymous college social media platform connecting students within their campus	$75M	Azure Capital Partners, Renren & 7 others	47/100
10th	Tapatalk 2009, Santa Monica (United States), Seed	Online community app for interest-based discussions	$5.89M	Floodgate, Lionfish Capital & 5 others	47/100

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Looking for more details on Reddit's competitors? Click here to see the top ones

Reddit has made 2 investments in companies including Stream and Imgur. Reddit has also acquired 5 companies including Memorable and Spiketrap.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 01, 2024	Acquisition	Memorable	2020	Cambridge (United States)
Sep 01, 2022	Acquisition	Spiketrap	2016	San Francisco (United States)
Jul 01, 2022	Acquisition	MeaningCloud	2015	New York City (United States)