Substack Revenue and Competitors

Location

#2115

Growjo Ranking

Media

Industry

Estimated Revenue & Valuation

  • Substack's estimated annual revenue is currently $312.5M per year.(i)
  • Substack's estimated revenue per employee is $293,150
  • Substack's total funding is $82.4M.
  • Substack's current valuation is $650M. (April 2021)

Employee Data

  • Substack has 1066 Employees.(i)
  • Substack grew their employee count by 46% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$202.6M9778%$413.3M$4B
#2
$344.7M172219%N/A$10B
#3
$1663M81920%N/AN/A
#4
$54.3M153-3%$157MN/A
#5
$19M13115%N/AN/A
Add Company

We started Substack because we believe that what you read matters and that good writing is valuable. We believe that writers, bloggers, thinkers, and creatives of every background should be able to pursue their curiosity, generating income directly from their own audiences and on their own terms. When readers pay writers directly, writers can focus on doing the work they care about most. A few hundred paying subscribers can support a livelihood. A few thousand makes it lucrative. Readers win, too. By opting into direct relationships with writers, we can be more selective with how we consume information, honing in on the ideas, people, and places we find most meaningful.

keywords:E-Commerce, Email Newsletters, Journalism

$82.4M

Total Funding

1066

Number of Employees

$312.5M

Revenue (est)

46%

Employee Growth %

$650M

Valuation

N/A

Accelerator

Substack's People

NameTitleEmail/Phone
1
VP ProductReveal Email/Phone
2
Head Writer ExperienceReveal Email/Phone
3
Founder and CEOReveal Email/Phone
4
CTOReveal Email/Phone
5
VP PartnershipsReveal Email/Phone
6
Head Talent & HRReveal Email/Phone
7
Product Marketing ManagerReveal Email/Phone
8
Product ResearcherReveal Email/Phone
9
People Program ManagerReveal Email/Phone
10
Head Writer Partnerships Substack UKReveal Email/Phone

Substack News

2022-04-20 - Seven must-know Substack tips for journalists

Substack is a new community and newsletter service that is proving popular with writers and creatives around the world.

2022-04-17 - The Future of Substack - by Tomas Pueyo

Substack might replace them. Today I'll explain why that might happen. And since the lessons are applicable to all creator economy companies, we...

2022-04-06 - Will Substack Go Beyond Newsletters? A Company Weighs Its Future.

Publishing on Substack is free, but writers who charge for subscriptions pay 10 percent of their revenue to Substack and 3 percent to its...

2021-05-13 - Substack acquires team from community consulting startup People & Company

New media poster child Substack announced today that they’ve added a small community-building consultancy team to its ranks, acquiring the Brooklyn-based startup People & Company. The small firm has been working with clients to build up their community efforts, and its team will now be tasked w ...

2021-04-15 - Substack announces a $1M initiative to fund local journalists

While the seemingly unending debate around Substack has focused on well-known writers with a national profile, the newsletter platform just announced that it will be supporting local (presumably non-famous) journalists through a new program. The startup described Substack Local as a $1 million ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$208.9M1066-1%N/A
#2
$214.4M1071-1%$462M
#3
$328.3M1090N/AN/A
#4
$384.1M109351%N/A
#5
$230.6M10980%N/A

Substack Executives


NameTitle
Christopher BestFounder and CEO
Jairaj SethiCTO
Lisa WuExecutive Assistant / Personal Assistant to the Office of the CEO
Jordyn Paul-SlaterEditor in Chief @ Incoming!
Hamish McKenzieCo-founder and COO
Fiona MongaVP of Partnerships