Reddit (IPO)
Funding Details
Awarder
Inbox
Date Award
May 30, 2025
Vertical
Social Media
Funding URL
View Funding Page
Company Info
Traction
Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share, with $804 million in revenue for 2023.
Revenue Amount
$804,000,000
Market
Online Community and Social Networking
Location
United States
Company Description

Reddit is a social forum giant that allows users to create and participate in communities based on shared interests. The platform generates revenue through advertising and data licensing, particularly focusing on AI-related applications.

Links
Website
Back to HomeBack to Social Media DealsView Funding Announcement