# Meta

**Source:** https://www.startuphub.ai/startups/meta
**Profile type:** Startup

> Leading social media and technology platform connecting billions of people globally.

## About

Meta Platforms, Inc., formerly known as Facebook, Inc., is a leading social media and technology company. It operates Facebook, Instagram, WhatsApp, and Threads, serving billions of users worldwide. Meta is also investing heavily in virtual and augmented reality technologies through its Reality Labs division, with the vision of building the metaverse. The company generates revenue primarily through digital advertising.

## Key facts

- **Slug:** meta
- **Website:** https://www.meta.com
- **Location:** Menlo Park, United States
- **Founded:** 2004-02-04
- **Employees:** 150835
- **Operating status:** Active
- **Total funding:** $40.1B
- **Sectors / tags:** Social Media, Advertising, Virtual Reality, Metaverse, Social Media & Networking, Communication Services, Advertising Technology, Augmented Reality, Spatial Computing & XR, Consumer App, Platform, AI Infrastructure, Social Platform, AR VR, Mixed Reality, Spatial Computing, AdTech, AI Foundation & Compute, Large Language Model, Generative AI, AI Tools & Apps, Metaverse Interoperability, Digital Real Estate
- **Social:**
  - Twitter: https://twitter.com/Meta
  - Facebook: https://www.facebook.com/terms

## Frequently asked

### What does Meta do?

Meta Platforms, Inc., formerly known as Facebook, Inc., is a leading social media and technology company. It operates Facebook, Instagram, WhatsApp, and Threads, serving billions of users worldwide. Meta is also investing heavily in virtual and augmented reality technologies through its Reality Labs division, with the vision of building the metaverse. The company generates revenue primarily through digital advertising.

### How much funding has Meta raised?

Meta has raised a total of $40.1B in funding. The most recent round on record is Post-IPO Debt.

### Where is Meta headquartered?

Meta is headquartered in Menlo Park, United States.

### When was Meta founded?

Meta was founded in 2004.

### What industry does Meta operate in?

Meta operates in Social Media, Advertising, Virtual Reality, Metaverse, Social Media & Networking, Communication Services.

### How many employees does Meta have?

Meta has approximately 150835 people on record.

### What is Meta's revenue?

StartupHub estimates Meta's annual revenue at $30.2B (range $11.8B to $34.3B, 27% confidence), based on comparable companies in the sector.

### What is Meta's valuation?

StartupHub estimates Meta's effective valuation at $158.5B (range $73.2B to $406.4B, 53% confidence), based on comparable companies in the sector.

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