Total investment volume: $1.3 billion
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Reddit is an international social platform that covers all topics for all categories of consumers of any age. The platform has over 150,000 active communities where a wide range of topics are discussed, from pets and video games to investments and career planning.
The number of monthly Reddit users is around 430 million, with more than 57 million active daily users. Over the past two years, Reddit's advertising business has grown by 112%. In 2021, Reddit's revenue from advertising in the EMEA region grew by 250%. The number of advertisers has increased by 55%.
Over 80% of young people rely on Reddit when choosing products and services. Reddit does not have  suchstrict content publication restrictions as Facebook and Instagram, which allows the company to attract audiences from these social networks..
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Number of employees: 500-1000

Headquarters location: San Francisco, California, USA.

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Perfomance

The average annual growth rate of the company's revenue from advertising sales shows minimum of 95%


In total, the company received about $1.3 billion during its fundraising.

 

Reddit attracts young and affluent audience.

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Potential

Reddit's audience is growing constantly.

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Events
(open links below)

Jan. 31, 2024 Reddit Announces First Conversion API Partner 

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