Reddit Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Public

  • Employees
  • 3,343

Employees

  • Stock Symbol
  • RDDT

Stock Symbol

  • Investments
  • 12

  • Share Price
  • $224.93
  • (As of Monday Closing)

Reddit General Information

Description

Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 548 Market Street
  • Suite 16093
  • San Francisco, CA 94104
  • United States
+1 (415)
Primary Industry
Social/Platform Software
Other Industries
Social Content
Stock Exchange
NYS
Vertical(s)
SaaS
Corporate Office
  • 548 Market Street
  • Suite 16093
  • San Francisco, CA 94104
  • United States
+1 (415)

Reddit Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Reddit Stock Performance

As of 10-Feb-2025, Reddit’s stock price is $224.93. Its current market cap is $39.5B with 166M shares.

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$224.93 $225.23 $37.35 - $230.41 $39.5B 166M 5.69M -$4.00

Reddit Financials Summary

As of 30-Sep-2024, Reddit has a trailing 12-month revenue of $1.12B.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 9,263,623
Revenue 1,122,248 804,029 666,701 484,916
EBITDA (520,481) (73,321) (149,928) (124,743)
Net Income (536,778) (90,824) (158,550) (127,896)
Total Assets 2,171,708 1,596,467 1,599,711 1,645,109
Total Debt 26,965 25,747 19,492 13,460
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Reddit Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Reddit Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Reddit Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, b
Social/Platform Software
San Francisco, CA
3,343 As of 2024

Hong Kong, Hong Kong

Bengaluru, India
 
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Reddit Competitors (15)

One of Reddit’s 15 competitors is 9gag, a Venture Capital-Backed company based in Hong Kong, Hong Kong.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
9gag Venture Capital-Backed Hong Kong, Hong Kong
ShareChat Venture Capital-Backed Bengaluru, India
MeWe Venture Capital-Backed Culver City, CA
Minds Venture Capital-Backed Glastonbury, CT
Digg Formerly VC-backed Hingham, MA
You’re viewing 5 of 15 competitors. Get the full list »

Reddit Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Reddit Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Reddit Investments & Acquisitions (12)

Reddit’s most recent deal was a Merger/Acquisition with Memorable. The deal was made on 01-Aug-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Memorable 01-Aug-2024 Merger/Acquisition Business/Productivity Software
CIPIO.ai 01-May-2023 Early Stage VC Business/Productivity Software
Spiketrap 31-Aug-2022 Merger/Acquisition Business/Productivity Software
MeaningCloud 01-Jul-2022 Merger/Acquisition Media and Information Services (B2B)
Spell 15-Jun-2022 Merger/Acquisition Business/Productivity Software
You’re viewing 5 of 12 investments and acquisitions. Get the full list »

Reddit ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Software & Services

Industry

Rank

Percentile

Internet Software and Services

Subindustry

Rank

Percentile

To view Reddit’s complete esg history, request access »

Reddit Exits (2)

Reddit’s most recent exit was on 03-Apr-2014 from Imgur. The exit was categorized as with 2 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Imgur 03-Apr-2014 Completed
  • 2 buyers
Eponym 26-Jun-2012 Seed Round Completed
  • 9 buyers
To view Reddit’s complete exits history, request access »

Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Memorable Dover, DE 2021
RedditGifts 2009
MeaningCloud Union, NJ 1998

Reddit FAQs

  • When was Reddit founded?

    Reddit was founded in 2005.

  • Where is Reddit headquartered?

    Reddit is headquartered in San Francisco, CA.

  • What is the size of Reddit?

    Reddit has 3,343 total employees.

  • What industry is Reddit in?

    Reddit’s primary industry is Social/Platform Software.

  • Is Reddit a private or public company?

    Reddit is a Public company.

  • What is Reddit’s stock symbol?

    The ticker symbol for Reddit is RDDT.

  • What is the current stock price of Reddit?

    As of 10-Feb-2025 the stock price of Reddit is $224.93.

  • What is the current market cap of Reddit?

    The current market capitalization of Reddit is $39.5B.

  • What is Reddit’s current revenue?

    The trailing twelve month revenue for Reddit is $1.12B.

  • Who are Reddit’s competitors?

    9gag, ShareChat, MeWe, Minds, and Digg are some of the 15 competitors of Reddit.

  • What is Reddit’s annual earnings per share (EPS)?

    Reddit’s EPS for 12 months was -$4.00.

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