About Reddit
Reddit is an online platform that enables users to submit links, create content, and have discussions about the topics of their interest.
Headquarters
Reddit, San Francisco
Founded
2005-01-01
Industry
Content, News, Social Media, Social Network
Last Funding Type
Series F
Valuation
255
Total Funding
$1.33 billion dollars
IPO Status
Public
Financial
Reddit has gone public, revealing its financial hopes and fears through IPO filings. The company has launched free tools to help businesses grow their presence on the site ahead of the IPO. Reddit's traffic increased by 39%, indicating a significant rise in user engagement. The company has also grown its ad inventory in the comments section, suggesting an increase in monetization efforts.
Funding Rounds
9
Number of Lead Investors
4
Total Funding Amount
$1.33 billion dollars
Number of Investors
35