Substack Stock

substack.comConsumer & Lifestyle / MediaFounded: 2017Funding to Date: $251.25MM

Developer of a subscription-based publishing platform intended to generate money from newsletter subscriptions. The company provides a platform on which writers can publish paid email newsletters and keep most of the revenue, enabling writers, bloggers, thinkers, and creatives to start an email newsletter, publish and earn money directly from their subscription product.

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Private Market Pricing DetailsValuation & Financings

Substack Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Substack Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/12/2024 Series B $78.29MM $xx.xx $664.37MM Andreessen Horowitz, Fifty Years, Audrey Gelman, Omeed Malik, Naval Ravikant, Nate Silver, Mark Pincus, Haroon Mokhtarzada
Price per Share
$xx.xx
Shares Outstanding
2,978,202
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Audrey Gelman, Omeed Malik, Naval Ravikant, Nate Silver, Mark Pincus, Haroon Mokhtarzada
07/16/2019 Series A-6 $70,501 $xx.xx $54.46MM Andreessen Horowitz, Fifty Years, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
789,495
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
07/16/2019 Series A-5 $49,999 $xx.xx $54.46MM Andreessen Horowitz, Fifty Years, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
207,468
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
07/16/2019 Series A-4 $824,996 $xx.xx $54.46MM Andreessen Horowitz, Fifty Years, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
1,027,137
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
07/16/2019 Series A-3 $249,997 $xx.xx $54.46MM Andreessen Horowitz, Fifty Years, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
259,387
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
07/16/2019 Series A-2 $1MM $xx.xx $54.46MM Andreessen Horowitz, Fifty Years, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
832,083
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
07/16/2019 Series A-1 $15.45MM $xx.xx $54.46MM Andreessen Horowitz, Fifty Years, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
5,296,751
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator

Substack investors also invested in these private companies

Leadership & Board

Leadership

Hamish McKenzie
Co-Founder, Chief Operating Officer & Board Member
Jairaj Sethi
Co-Founder & Chief Technology Officer
Christopher Best
Co-Founder & Chief Executive Officer

Board

Andrew Chen
Andreessen Horowitz

Substack stock FAQs

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Can you buy Substack stock?

As Substack is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Substack, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Substack stock?

To invest in a private company like Substack through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Substack stock?

Yes, you may sell the Substack stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Substack stock?

If you hold private company shares of Substack – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Substack on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Substack a public company?

No, Substack is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Substack’s stock price?

Substack is a privately held company and therefore does not have a public stock price. However, you may access Substack private market stock price with Forge Data.
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What is Substack’s stock ticker symbol?

Substack does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Substack’s news and media highlights

The newsletter platform Substack’s new feature called Notes, which functions similarly to Twitter, rolled out to all users on Tuesday. Whether it will become a real competitor to Twitter won’t be known for weeks. But Elon Musk apparently feels it might. Last week, he banned all Substack links from Twitter after Substack announced Notes.
Insider spoke with 12 Substack newsletter authors to find out how much revenue they make from paid subscriptions and ads.
The company’s CEO says the old way of social media is broken—but is his alternative much different?
Between Facebook outages and Twitch data breaches, last week was bumpy for social platforms and the creators who build businesses on them. As internet creators look to diversify their income streams and retain ownership over their audiences, membership software maker Memberful is launching a newsle…
Updated on: Nov 17, 2024

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