# Reddit funding: rounds and investors

> Reddit has raised $550M across 4 rounds since 2005. Investors include Yishan Wong, Sequoia Capital and Fidelity. Every round with its source.

Source: https://millionrounds.com/company/reddit (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Reddit*

4 rounds we have observed, with the 23 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Valuation: $10B, Apr 2022 Y Combinator: S05

Funding summary Updated 26 Oct 2026

**$550M** raised across 4 rounds since 2005, from 4 sources

**$100K** Seed **$50M** Series B **$200M** Round **$300M** Series D

- **Latest round:** Series D, $300M Feb 2019
- **Step-up i:** 1.5×
- **Investors:** 23 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2005 2007 2009 2011 2013 2015 2017 2019

**$100K** Seed

**$50M** Series B

**$200M** Round

**$300M** Series D

- **First round:** Seed, $100K
- **Biggest round:** $300M
- **Usual gap between rounds:** 2.8 years

## The rounds

- **Feb 2019** Series D **$300M** *1 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Fidelity](https://millionrounds.com/fund/fidelity) Tencent/ Andreessen Horowitz Reported by TechCrunch SEC filing: $300M sold, first sale Jan 2019
- **Jul 2017** Round **$200M** *5 new* *3 returning* [Yishan Wong](https://millionrounds.com/fund/yishan-wong) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coatue](https://millionrounds.com/fund/coatue-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Ron Conway](https://millionrounds.com/fund/ron-conway) [Sam Altman](https://millionrounds.com/fund/sam-altman) Vy Reported by TechCrunch SEC filing: $182M sold, first sale Jul 2017
- **Sept 2014** Series B **$50M** *16 new* [500 Global](https://millionrounds.com/fund/500-startups) [Ron Conway](https://millionrounds.com/fund/ron-conway) [Paul Buchheit](https://millionrounds.com/fund/paul-buchheit) [Peter Thiel](https://millionrounds.com/fund/peter-thiel) [Sam Altman](https://millionrounds.com/fund/sam-altman) [Kevin Hartz](https://millionrounds.com/fund/a-star-co) [Rick Marini](https://millionrounds.com/fund/rick-marini) [Marc Andreessen](https://millionrounds.com/fund/marc-andreessen) [Jared Leto](https://millionrounds.com/fund/jared-leto) [Philip Kaplan](https://millionrounds.com/fund/philip-kaplan) [Yishan Wong](https://millionrounds.com/fund/yishan-wong) [Joshua Kushner](https://millionrounds.com/fund/joshua-kushner) [Jessica Livingston](https://millionrounds.com/fund/jessica-livingston) [Snoop Dogg](https://millionrounds.com/fund/snoop-dogg) [Mariam Naficy](https://millionrounds.com/fund/mariam-naficy) Alfred Lin From a historical funding record
- **Jun 2005** Seed **$100K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Reported by techcrunch.com

## Founders and team

From the SEC filings it signed: 9 on the team.

- **Alex A. Le** Executive Officer i
- **Andrew A. Vollero** Executive Officer i
- **Benjamin A. Lee** Executive Officer i
- **Chris A. Slowe** Executive Officer i
- **Harold A. Klaje** Executive Officer i
- **Jennifer A. Wong** Executive Officer i
- **Nellie A. Peshkov** Executive Officer i
- **Roxy A. Young** Executive Officer i
- **Steve Huffman** Executive Officer, Director i

On the board, as filed i *Michael A. Seibel* *Paula Price* *Porter Gale* *Robert A. Sauerberg* *Sam Altman*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2005 **Series B** 2014 **Round** 2017 **Series D** 2019 [Yishan Wong](https://millionrounds.com/fund/yishan-wong) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Fidelity](https://millionrounds.com/fund/fidelity) [Ron Conway](https://millionrounds.com/fund/ron-conway) [Sam Altman](https://millionrounds.com/fund/sam-altman) [Y Combinator](https://millionrounds.com/fund/y-combinator) [500 Global](https://millionrounds.com/fund/500-startups) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coatue](https://millionrounds.com/fund/coatue-management) [Paul Buchheit](https://millionrounds.com/fund/paul-buchheit)

## The exit

Exit Buyer Price When

Acquired [Condé Nast](https://millionrounds.com/fund/conde-nast) undisclosed Oct 2006

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=reddit).

## Everyone who backed them

[Yishan Wong](https://millionrounds.com/fund/yishan-wong) VC firm **2** rounds, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **2** rounds

[Ron Conway](https://millionrounds.com/fund/ron-conway) Angel **2** rounds

[Sam Altman](https://millionrounds.com/fund/sam-altman) Angel **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Paul Buchheit](https://millionrounds.com/fund/paul-buchheit) Angel **1** round

[Peter Thiel](https://millionrounds.com/fund/peter-thiel) Angel **1** round

[Kevin Hartz](https://millionrounds.com/fund/a-star-co) VC firm **1** round

[Rick Marini](https://millionrounds.com/fund/rick-marini) VC firm **1** round

[Marc Andreessen](https://millionrounds.com/fund/marc-andreessen) Angel **1** round

[Jared Leto](https://millionrounds.com/fund/jared-leto) Angel **1** round

[Philip Kaplan](https://millionrounds.com/fund/philip-kaplan) VC firm **1** round

[Joshua Kushner](https://millionrounds.com/fund/joshua-kushner) Angel **1** round

[Jessica Livingston](https://millionrounds.com/fund/jessica-livingston) VC firm **1** round

[Snoop Dogg](https://millionrounds.com/fund/snoop-dogg) Investment firm **1** round

[Mariam Naficy](https://millionrounds.com/fund/mariam-naficy) Angel **1** round

Alfred Lin no record of our own yet **1** round

Tencent/ Andreessen Horowitz no record of our own yet **1** round

Vy no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=reddit).

## Also claim to have backed them

These 39 firms list Reddit as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site

[Graph Ventures](https://millionrounds.com/fund/graph-ventures) VC firm Per its own site

[KuCoin Labs](https://millionrounds.com/fund/kucoin-labs) Corporate VC Per its own site

[A.Capital Ventures](https://millionrounds.com/fund/a-capital-ventures) VC firm Per its own site

[Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) Growth equity Per its own site

[Catamaran](https://millionrounds.com/fund/catamaran) Private equity Per its own site

[Nucleus Adventure Capital](https://millionrounds.com/fund/nucleus-adventure-capital) VC firm Per its own site

[Pittco Management](https://millionrounds.com/fund/pittco-management) Family office Per its own site

[Reshape](https://millionrounds.com/fund/reshape-ventures) VC firm Per its own site

[Stacks](https://millionrounds.com/fund/stacks) VC firm Per its own site

[Taurus Ventures](https://millionrounds.com/fund/taurus-ventures) VC firm Per its own site

[0x](https://millionrounds.com/fund/0x) Investment firm Per its own site

[3D Realms](https://millionrounds.com/fund/3d-realms) Investment firm Per its own site

[ASTHMA CENTER EDUCATIONAL AND RESEARCH FUND](https://millionrounds.com/fund/asthma-center-educational-and-research-fund) Investment firm Per its own site

[Acadia Ventures](https://millionrounds.com/fund/acadia-ventures) VC firm Per its own site

[Advance](https://millionrounds.com/fund/advance-2) Family office Per its own site

[Aeternity](https://millionrounds.com/fund/aeternity) Investment firm Per its own site

[Allen Institute for Artificial Intelligence](https://millionrounds.com/fund/allen-institute-fo) Accelerator Per its own site

[Arsenal](https://millionrounds.com/fund/arsenal) VC firm Per its own site

[Avaz Networks](https://millionrounds.com/fund/avaz-networks) Startup Per its own site

[Base Ecosystem Fund / Base Batches / Base Builder Grants (Coinbase)](https://millionrounds.com/fund/base-ecosystem-fund-base-batches-base-builder-grants-coinbas) Angel Per its own site

[CLIMB Fund](https://millionrounds.com/fund/climb-fund) Private credit Per its own site

[Cointelegraph](https://millionrounds.com/fund/cointelegraph) Investment firm Per its own site

[Etherty](https://millionrounds.com/fund/etherty) Company Per its own site

[GTRKST](https://millionrounds.com/fund/gtrkst) Investment firm Per its own site

[Investrade Discount Securities](https://millionrounds.com/fund/investrade-discount-securities) Angel Per its own site

[Israel Cancer Research Fund Toronto](https://millionrounds.com/fund/israel-cancer-research-fund-toronto) Investment firm Per its own site

[Lightbits Labs](https://millionrounds.com/fund/lightbits-labs) VC firm Per its own site

[MediaTech Ventures](https://millionrounds.com/fund/mediatech-ventures) Accelerator Per its own site

[NZXT](https://millionrounds.com/fund/nzxt) Investment firm Per its own site

[Newegg](https://millionrounds.com/fund/newegg) Corporate VC Per its own site

[Omni Management Caricom](https://millionrounds.com/fund/omni-management-caricom) Company Per its own site

[StartupDesk The lean venture builder](https://millionrounds.com/fund/startupdesk-the-lean-venture-builder) VC firm Per its own site

[TOP Venture SA](https://millionrounds.com/fund/top-venture-sa) Family office Per its own site

[Tax Lien Wealth Builders](https://millionrounds.com/fund/tax-lien-wealth-builders) Investment firm Per its own site

[VC Partners SGR](https://millionrounds.com/fund/vc-partners-sgr) VC firm Per its own site

[Voyager Pacific Capital Management](https://millionrounds.com/fund/voyager-pacific-capital-management) Family office Per its own site

[XVC Tech](https://millionrounds.com/fund/xdc-ventures-xvc-tech) VC firm Per its own site

[rLoop](https://millionrounds.com/fund/rloop) Company Per its own site

## Quick answers about Reddit

### Who invested in Reddit?

Reddit's investors include Yishan Wong, Sequoia Capital, Fidelity, Ron Conway and Sam Altman, and 18 more on record.

### How much has Reddit raised?

Reddit has raised $550M across 4 rounds since 2005.

### When did Reddit last raise?

Reddit's most recent round was a Series D of $300M in Feb 2019.

### What was Reddit's biggest round?

Its most recent round, $300M in Feb 2019, is also its largest on record.

### Who backed Reddit first?

Reddit's first round on record, in Jun 2005, was backed by Y Combinator.

### What stage is Reddit at?

Reddit's latest named round is a Series D, in Feb 2019.

### Where is Reddit based?

Reddit is based in the United States.

### Who led Reddit's rounds?

Yishan Wong led the Undisclosed round in 2017.

## Companies like Reddit

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

## Books about them

- We Are The Nerds: The Birth and Tumultuous Life of Reddit, the Internet's Culture Laboratory Christine Lagorio-Chafkin · 2018 3.88 from 1,062 ratings on Goodreads About the book Reddit hails itself as “the front page of the Internet.” It’s the fourth most-visited website in the United States–yet, millions of Americans have no idea what it is. We Are the Nerds is a riveting look deep inside this captivating, maddening enterprise–whose army of highly… On AmazonListen on Audible
- The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors Spencer Jakab · 2022 3.74 from 451 ratings on Goodreads About the book The saga of GameStop and other meme stocks is revealed with the skill of a thrilling whodunit. Jakab writes with an anti-Midas touch. If he touched gold, he would bring it to life. --Burton G. Malkiel, author of A Random Walk Down Wall Street From Wall Street Journal… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list).

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## Find investors like these

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