Timeline of Reddit's Financial Growth and Funding

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When did Reddit first become profitable?
Reddit's Financial Performance: Revenue, Expenses, and Profits
Reddit Income
Reddit Expenses
Reddit win
Potential for profitability
Conclusion
Timeline of Reddit's Financial Growth and Funding
Reddit was founded in June 2005 by Steve Huffman and Alexis Ohanian and was initially funded by bosnia and herzegovina phone number data a $500,000 seed round from Y Combinator. In 2007, Reddit received a $5 million Series A round from Sequoia Capital. The company has since raised $1.3 billion in funding, most recently in a Series F round in 2021.

Reddit has not yet gone public, but is reportedly considering an IPO soon. The company is valued at around $10 billion, with revenue expected to reach $510 million by 2022. The timeline highlights key milestones in Reddit’s financial growth and funding throughout its history:

2005 : Reddit was founded in 2005 by Steve Huffman and Alexis Ohanian, allowing users to submit links and comments, and was initially funded by a $500,000 seed round from Y Combinator;
2007 : The company raises a $5 million Series A round from Sequoia Capital. It also introduces the subreddit feature, which allows users to create and join communities based on shared interests;
2011 : Reddit raised another $15 million Series B round from Sequoia Capital and