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Company

Substack

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 93 out of 100

Make money doing the work you believe in

  • Consumer apps & social
  • Media, entertainment & gaming
Status
Operatingas of 2026-09-23
Business model
Marketplace
Customers
writers, creators, and subscribers
Legal name
Substack Inc.
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Record updated 8 October 2026

About

Old media models are broken. Substack is building a new one that puts writers, creators, and subscribers in charge.

Funding snapshot

Total raised
$87.4MSum of rounds, as of 2026-10-08Source (opens in a new tab)
Latest round
Undisclosed, $3.3M2023-05-17

Funding rounds

Round, 2023
$3.3M2023-05-17, SEC form D sold, 1 investor
Round, 2021
$65M2021-04-28, SEC form D sold, 33 investors
Series A
$19.1M2019-07-08, SEC form D sold, 32 investors

Products

Web
Substack
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