How much is Substack worth in 2026?

Substack has a current valuation of $1.1B based on their Later Stage VC round and secondary market data.

How much funding has Substack raised?

Substack has raised $220.3M in total funding across 1 funding rounds.

Substack

PublishingWebsite

Substack valuation and funding history | Last updated: July 17, 2025 | 1 funding rounds

Current Valuation

$1.1B

As of July 17, 2025

Total Funding Raised

$220.3M

Across 1 round

Last Round

Later Stage VC

$100.0M

Last Funding

Jul 2025

Funding date

Capital Efficiency

4.99x

Valuation / Funding

Funding History & Valuation Timeline

Complete history of all funding rounds and valuation milestones

Date	Round	Amount	Post-Valuation	Growth
September 26, 2024	Later Stage VC (Series B)	$83.3M	N/A	-

Valuation Analysis

Current Valuation Metrics

Substack is currently valued at $1.1B as of July 17, 2025. The company has raised a total of $220.3M in funding across 1 funding round.

Capital Efficiency

With a capital efficiency ratio of 4.99x, Substack has achieved a valuation that is 4.99 times the total capital raised.

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Explore More Data

Detailed analysis for Substack

Secondary Market Price

Real-time pricing data and trends

Valuation Tracker

Historical valuation changes

Funding History

Complete funding round timeline

Secondary Price History

Historical transaction data

All Investors

Complete list of all investors

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What is Substack Worth in 2026?

Substack is a leading private company in the Publishing sector. Track Substack's valuation history, funding timeline, and implied market value from secondary transactions on Premier Alternatives.

How Substack Valuation is Determined

Private company valuations like Substack's are determined through primary funding rounds led by venture capital firms, private equity investors, and strategic partners. The valuation reflects factors including revenue growth, market opportunity, competitive positioning, and investor sentiment.