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Reddit raises $250 million in Series E funding, company now valued $6 billion

Reddit raises $250 million in Series E funding, company now valued $6 billion

Reddit closed a $250 million Series E funding. This has now upped the valuation of the discussion platform to around $6 billion. Reddit said both new and existing investors funded the latest round. Reddit had its Series A funding in 2005 and the last – Series D – funding in 2019, when it raised $300 million. The platform boasts of over 50 million daily active users taking part in discussions.

Chris
Chris
Bulwark AC
Bulwark AC 2 months

Vould have made more if they didn't go out of their way to kick conservatives off the platform

Jim Boi
Jim Boi 2 months

Could have gotten more if Robinhood didn’t side with the hedge funds.

Dagelf
Dagelf 2 months

Propaganda sponsorship hidden in plain sight.

Vark
Vark 2 months

Reddit is nothing but a place for corporations to upvote targeted advertisements whilst Chinese government has a 40% share.

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