Reddit

Reddit

Online platform for community discussions

About Reddit

Simplify's Rating
Why Reddit is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Entertainment

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2005

Overview

Company Historically Provides H1B Sponsorship

Reddit is an online platform where users can post, vote, and comment on content within various interest-based communities. Users share and discuss a wide range of topics, from news and sports to entertainment and hobbies. The platform's unique voting system allows users to upvote or downvote posts, helping the most engaging content to surface. Reddit generates revenue primarily through advertising, premium memberships, and virtual goods like Reddit Coins. Unlike many other social media platforms, Reddit emphasizes community-driven discussions and user-generated content, creating a space for authentic interactions among its diverse user base. The goal of Reddit is to foster engagement and connections among users while providing a platform for sharing information and ideas.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven moderation tools enhance user experience by reducing toxic behavior.
  • Post insights and performance tools empower content creators to optimize engagement strategies.
  • Partnership with GMA Network expands Reddit's reach and engagement in new markets.

What critics are saying

  • UK investigation into data practices could lead to legal challenges and reputational damage.
  • Paywall introduction in 2025 may alienate users accustomed to free access.
  • Platform's reputation for toxic behavior could deter new users and advertisers.

What makes Reddit unique

  • Reddit's unique voting system promotes engaging and authentic content discovery.
  • The platform's diverse communities cater to a wide range of interests and discussions.
  • Reddit's integration with crisis detection platforms highlights its value as a real-time data source.

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Funding

Total Funding

$1958.1M

Above

Industry Average

Funded Over

7 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Comprehensive health benefits

Flexible unlimited vacation days & monthly global wellness days

Family planning funds & 4+ months paid parental leave

Personal & professional development funds

Paid volunteer time off

Workspace & home office benefits

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Cyber Technology Insights
Apr 3rd, 2025
Samdesk Boosts Crisis Detection with Reddit API Access

Samdesk, a global leader in crisis detection and monitoring, has announced a significant expansion of its data sources through an official integration with Reddit's Data API.

UK Tech News
Apr 3rd, 2025
IAS Expands Partnership with Reddit

Most recently, IAS and Reddit announced the availability of Brand Safety and Suitability Measurement in January 2025 to complement Reddit's own user and brand safety investments, which includes human moderators and AI-driven moderation tools, brand safety content detection, and customisable Brand Suitability controls.

Subreddit Signals
Mar 24th, 2025
Reddit's 2025 Algorithm Update: What You Need to Know and How to Adapt

In 2025, Reddit rolled out major updates to its recommendation feed algorithm, introducing notable shifts in how content is surfaced across the platform - especially outside of users' subscribed subreddits.

Finder
Mar 18th, 2025
Choice Financial Review: Avoid This Deceptive Company

However, several people on the Better Business Bureau (BBB) website and Reddit accuse the company of deceptive marketing practices.

Gadgets 360
Mar 7th, 2025
Reddit Rolls Out Post Insights for Performance Analysis, Community Suggestions and Other Tools

Reddit on Thursday rolled out new tools for Redditors which makes it easier to check if their posts conflict with the community's rules, help them recover it, and display the requirements for posting in communities.

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