# Reddit

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

> A community-driven platform for news aggregation, discussion, and content sharing.

## About

Reddit is a social media platform where users submit content, vote on it, and engage in discussions within user-created communities called subreddits. It operates as a decentralized network, fostering open and authentic conversations across a vast range of interests.

## Key facts

- **Slug:** reddit
- **Website:** https://www.reddit.com/
- **Location:** San Francisco, United States
- **Founded:** 2005-06-23
- **Employees:** 12340
- **Operating status:** Active
- **Total funding:** $2.1B
- **Sectors / tags:** Social Media, Community, Discussion Forum
- **Social:**
  - Twitter: https://x.com/reddit
  - Facebook: https://www.facebook.com/reddit

## Frequently asked

### What does Reddit do?

Reddit is a social media platform where users submit content, vote on it, and engage in discussions within user-created communities called subreddits. It operates as a decentralized network, fostering open and authentic conversations across a vast range of interests.

### What is Reddit's revenue?

StartupHub estimates Reddit's annual revenue at $1.6B (range $800.0M to $5.3B, 42% confidence), based on comparable companies in the sector.

### What is Reddit's valuation?

StartupHub estimates Reddit's effective valuation at $8.4B (range $2.4B to $19.0B, 47% confidence), based on comparable companies in the sector.

### How much funding has Reddit raised?

Reddit has raised a total of $2.1B in funding.

### Where is Reddit headquartered?

Reddit is headquartered in San Francisco, United States.

### When was Reddit founded?

Reddit was founded in 2005.

### What industry does Reddit operate in?

Reddit operates in Social Media, Community, Discussion Forum.

### How many employees does Reddit have?

Reddit has approximately 12340 people on record.

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