Reddit was founded in 2005 by Steve Huffman, Alexis Ohanian, and Aaron Swartz. According to Reuters in January 2024 Reddit is seeking an IPO. The Reuters report stated, “It would be the first IPO of a major social media company since Pinterest's (PINS.N), opens new tab debut in 2019.”

Reddit is a social media platform with a focus on news aggregation, web content ratings, and discussion. Per Forge data, Reddit raised $1.3 billion in funding over 10 rounds. Their latest funding was raised on Aug 12, 2021, from a Series F round. Key investors include Vy Capital, Tencent, Y Combinator, and Fidelity Management and Research Company.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is Reddit's funding to date?

Reddit has raised $1.31B to date.
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When was Reddit founded?

Reddit was founded in 2005.

Reddit funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation

Series F and F-1

$410MM raised $XXX.XX $XXX.XX

Series E

$367.95MM raised $XXX.XX $XXX.XX

Series D and D-1

$300MM raised $XXX.XX $XXX.XX

Series C

$158.9MM raised $XXX.XX $XXX.XX

Series B

$50MM raised $XXX.XX $XXX.XX

Series A and A-1

$20.68MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 16, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.