How much has Substack raised?
$220.3Macross 4 recorded rounds · Jul 2019 – Sep 2024
Most recently, Substack raised $83.3M in its Later Stage VC (Series B) (Sep 2024).
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- ·The complete investor list: 51 names
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Substack round by round
4 roundsSep 2024Later Stage VC (Series B)$83.3M▮
+ 1 more investors · free account
1 investors participated
33 investors participated
32 investors participated
How much has Substack raised?
Substack has raised $220 million across 4 recorded rounds since 2019. The largest was an $83.3 million Series B in Sep 2024.
Substack has filed 3 Form Ds with the SEC since 2019, most recently in May 2023 ($3.3 million sold to 1 investor).
Substack investors
51 investors are on record for Substack, including Andreessen Horowitz, General Catalyst, Metaplanet Holdings and Quiet Capital. By type, the record holds 15 venture capital firms and 3 angel investors. The Series B in Sep 2024 drew 33 investors.
For fundraisers
Raising for a company like Substack?
51 investors have backed Substack — start your target list with the firms already writing checks in publishing.
Frequently asked about Substack
- How much has Substack raised?
- Substack has raised $220.3M in total across 4 recorded funding rounds.
- When was Substack's last funding round?
- Substack's most recent recorded round was Later Stage VC (Series B) in Sep 2024, raising $83.3M.