Substack Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 76

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $3.29M

  • Investors
  • 33

Substack General Information

Description

Operator of a subscription-based publishing platform intended to generate money from newsletter subscriptions. The company's platform allows writers to publish paid email newsletters and generate income directly from their audiences, enabling clients to start an email newsletter, publish, and earn money directly from their subscription products.

Contact Information

Website
www.substack.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 111 Sutter Street
  • 7th Floor
  • San Francisco, CA 94104
  • United States
+1 (415) 000-0000
Primary Industry
Publishing
Other Industries
Media and Information Services (B2B)
Business/Productivity Software
Corporate Office
  • 111 Sutter Street
  • 7th Floor
  • San Francisco, CA 94104
  • United States
+1 (415) 000-0000

Substack Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Substack Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series B) 30-May-2023 $3.29M 000.00 Completed Generating Revenue
5. Equity Crowdfunding 20-Apr-2023 00.000 0000 Completed Generating Revenue
4. Later Stage VC (Series C) 27-May-2022 Cancelled Generating Revenue
3. Early Stage VC (Series B) 30-Apr-2021 0000 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 22-Jul-2019 $19.1M $19.2M Completed Generating Revenue
1. Accelerator/Incubator 20-Mar-2018 $120K $120K 00.000 Completed Generating Revenue
To view Substack’s complete valuation and funding history, request access »

Substack Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B 0,000,000 00.000000 00 000.00 000.00 00 000.00 00.000
Series A-6 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-5 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-4 0,000,000 00.000000 00 00.0 00.0 00 00.0 0.000
Series A-3 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-2 832,083 $0.000010 6% $1.2 $1.2 1x $1.2 3.35%
Series A-1 5,296,751 $0.000010 6% $2.92 $2.92 1x $2.92 21.31%
To view Substack’s complete cap table history, request access »

Substack Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a subscription-based publishing platform intended to generate money from newsletter subscriptions. The compa
Publishing
San Francisco, CA
76 As of 2023
000.00
00000000000 000.00

000000

exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute
00000 000 0000000000
Ponte Vedra Beach, FL
0 As of 0000
000000&0

000000

consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillu
00000000000000000000
Boise, ID
000 As of 0000
00.00
0000000000 0 00.00
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Substack Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Memberful Corporate Backed or Acquired Ponte Vedra Beach, FL 0 000000&0
ConvertKit Venture Capital-Backed Boise, ID 000 00.00 0000000000 0 00.00
Patreon Venture Capital-Backed San Francisco, CA 000 00000 0000000000 0 00000
Intuit Mailchimp Corporate Backed or Acquired Atlanta, GA 0000 000000&0
To view Substack’s complete competitors history, request access »

Substack Executive Team (6)

Name Title Board Seat
Christopher Best Co-Founder, Chief Executive Officer & Board Member
Hamish McKenzie Co-Founder, Chief Operating Officer & Chief Writing Officer
Jairaj Sethi Co-Founder & Chief Technology Officer
April Xu Co-Founder & Writer, Third Culture Lawyer
Kevin Huynh Vice President of Operations
You’re viewing 5 of 6 executive team members. Get the full list »

Substack Board Members (2)

Name Representing Role Since
Andrew Chen Andreessen Horowitz Board Member 000 0000
Christopher Best Substack Co-Founder, Chief Executive Officer & Board Member 000 0000
To view Substack’s complete board members history, request access »

Substack Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Substack Investors (33)

Investor Name Investor Type Holding Investor Since Participating Rounds
Brad Flora Angel (individual) Minority 000 0000 000000 0
Celesta Capital Venture Capital Minority 000 0000 000000 0
Centre Street Partners Venture Capital Minority 000 0000 000000 0
CLF Partners Venture Capital Minority 000 0000 000000 0
Cody Heisinger Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 33 investors. Get the full list »

Substack Investments & Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
UpRock 30-May-2024 00000 0000 000 Other Financial Services
Girls' Night In 30-May-2023 0000000000 Other Services (B2C Non-Financial)
YEM (Carpinteria) 30-Sep-2022 0000000000 Communication Software 000000 00
Cocoon (Social/Platform Software) 23-Aug-2021 0000000000 Social/Platform Software
Letter (Social/Platform Software) 29-Jul-2021 Merger/Acquisition Social/Platform Software 000000 00
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

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Substack Subsidiaries (1)

Company Name Industry Location Founded
YEM (Carpinteria) Communication Software Carpinteria, CA 0000
To view Substack’s complete subsidiaries history, request access »

Substack FAQs

  • When was Substack founded?

    Substack was founded in 2017.

  • Who is the founder of Substack?

    Christopher Best, Hamish McKenzie, Jairaj Sethi, April Xu, and Thomas Harbor are the founders of Substack.

  • Who is the CEO of Substack?

    Christopher Best is the CEO of Substack.

  • Where is Substack headquartered?

    Substack is headquartered in San Francisco, CA.

  • What is the size of Substack?

    Substack has 76 total employees.

  • What industry is Substack in?

    Substack’s primary industry is Publishing.

  • Is Substack a private or public company?

    Substack is a Private company.

  • What is Substack’s current revenue?

    The current revenue for Substack is 00000.

  • How much funding has Substack raised over time?

    Substack has raised $95.3M.

  • Who are Substack’s investors?

    Brad Flora, Celesta Capital, Centre Street Partners, CLF Partners, and Cody Heisinger are 5 of 33 investors who have invested in Substack.

  • Who are Substack’s competitors?

    Memberful, ConvertKit, Patreon, and Intuit Mailchimp are competitors of Substack.

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