Reddit was founded in 2005 by Steve Huffman, Alexis Ohanian, and Aaron Swartz. In February 2023, news outlets reported that the company was pursuing plans to go public in the second half of the year. Reddit has kept its IPO paperwork up to date in anticipation of an eventual offering. While company representatives have remained quiet about the possibility, "people familiar with the matter" have contributed to reports.
Reddit is a social media platform with a focus on news aggregation, web content ratings, and discussion. The company has raised over $550 million in Venture Capital funding from investors including Plus Capital, Quiet Capital, Reshape Holdings, Tencent, Bracket Capital, Craft Ventures, Fidelity, Upshift Capital, Andreessen Horowitz, Sequoia Capital, and Y Ventures. It has been widely reported that Reddit last raised $300 million in February 2019 at a post-money valuation of $3 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Reddit does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Reddit will be known as it becomes public. Here are similar public companies: Amazon (NAS: AMZN), Walmart (NYS: WMT), Nike (NYS: NKE), Apple (NAS: AAPL), Facebook (NAS: META).
|Date||Funding Round||Funding Raised||Price per Share||IPO Valuation|
|8/30/2021||Series F and F-1||$10.02B||$XXX.XX||$XXX.XX|
|2/11/2019||Series D and D-1||$3.3B||$XXX.XX||$XXX.XX|
|11/29/2012||Series A and A-1||$400.65MM||$XXX.XX||$XXX.XX|
Reddit is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Reddit pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Reddit is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.