Founded Year
2005Stage
IPO | IPOTotal Raised
$1.332BDate of IPO
3/21/2024Market Cap
39.45BStock Price
194.42Revenue
$0000About Reddit
Reddit operates as an online platform for discussions across various topics. Users can share content and vote on posts within subreddit communities, which cover interests such as news, gaming, health, and animals. It was founded in 2005 and is based in San Francisco, California.
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Research containing Reddit
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Reddit in 6 CB Insights research briefs, most recently on Apr 7, 2025.
Expert Collections containing Reddit
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Reddit is included in 1 Expert Collection, including Tech IPO Pipeline.
Tech IPO Pipeline
825 items
Latest Reddit News
Oct 31, 2025
more marketing spending, sending shares of the social media platform up 9% after hours. The company's AI-optimized ad platform helps advertisers to place targeted ads directly within relevant discussion threads across its interest-based communities, known as subreddits. Chief Operating Officer Jen Wong said Reddit's ad business was pulling in a broader range of clients, which lifted its active advertiser base by more than 75% in the third quarter. "We're also in early testing of our end-to-end automated campaign platform that uses AI to streamline campaign setup." Wong said. Its vast content library has also became a prized asset as AI companies hunt for data to train their large language modes, the technology behind chatbots such as ChatGPT. Reddit has licensing deals with Alphabet's Google and Microsoft-backed OpenAI. It also cracked down on allegedly illegal data scraping by Perplexity AI and other three companies with lawsuits last week. "To continue its upward trajectory, the company must continue to protect its intellectual property," said Jeremy Goldman, senior director of briefings at Emarketer. The results are a positive sign for a company competing with dominant platforms TikTok and Meta in a crowded social media market. Meta reported upbeat third-quarter revenue as its own AI ad efforts paid off. But growth in Reddit's U.S. daily active unique visitors' (DAUq) slowed sharply in the third quarter, even as global DAUq rose 19% to 116 million. Its average revenue per user increased by 41%. Reddit's U.S. logged-in DAUq, who have created an account on the platform, grew by 7% in the third quarter. But it slowed from the 11% growth seen in the prior quarter. The company expects fourth-quarter revenue to be between $655 million and $665 million, above analysts' average estimate of $637.9 million, according to data compiled by LSEG. It forecast fourth-quarter adjusted earnings before interest, taxes, depreciation, and amortization to be between $275 million and $285 million, exceeding estimates of $258.8 million. Third-quarter revenue rose 68% to $585 million, beating estimates of $545.7 million.
Reddit Frequently Asked Questions (FAQ)
When was Reddit founded?
Reddit was founded in 2005.
Where is Reddit's headquarters?
Reddit's headquarters is located at 548 Market Street, San Francisco.
What is Reddit's latest funding round?
Reddit's latest funding round is IPO.
How much did Reddit raise?
Reddit raised a total of $1.332B.
Who are the investors of Reddit?
Investors of Reddit include Soul Ventures, 1435 Capital, Fidelity Investments, Quiet Capital, Tencent and 63 more.
Who are Reddit's competitors?
Competitors of Reddit include Vice Media, X, Digg, Deadspin, Quora and 7 more.
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Compare Reddit to Competitors
Flipboard is a content curation platform in the digital publishing and media industry. The company offers a newsfeed and the ability to create user-generated magazines, allowing users to access articles, videos, and podcasts based on their interests. It was founded in 2010 and is based in Palo Alto, California.
9GAG develops a cross-platform digital and social media network. It is focused on entertainment and gaming. The company's main offerings include the distribution of funny memes, graphics interchange format (GIFs), videos, and weird news stories, aiming to provide daily humor to its users. It primarily serves the youth demographic. It was founded in 2008 and is based in Mountain View, California.
ByteDance provides content platforms in the social media and entertainment sectors. It offers products that enable content creation, discovery, and sharing, including short-form video platforms, social media services, and enterprise collaboration tools. Its products serve a global audience. It was formerly known as Beijing ByteDance Technology Co. It was founded in 2012 and is based in Beijing, China.
Distractify is a digital media company that focuses on news, entertainment, and pop culture. It provides content including celebrity news, reality TV insights, influencer updates, and human interest stories. It was founded in 2013 and is based in New York, New York.
Oath operates within the media and technology sectors. The company offers services that include media content delivery and advertising solutions for advertisers and publishers. These services aim to facilitate interactions between brands and consumers, as well as assist publishers in business growth. Oath was formerly known as AOL Advertising. It was founded in 2017 and is based in Sterling, Virginia.
Quora allows users to share insights and learn from each other across various topics. The company provides a means for users to engage with content and participate in a community. Quora also includes Poe, a platform for exploring and building with various artificial intelligence (AI) language models. It was founded in 2009 and is based in Mountain View, California.
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