Founded: 2011
First revenue late 2014 __ $3.1 million (three years)
Lost $128 million in 2014
Raised 1.8 Billion (Crunchable) __ last round
IPO __ March 2, 2017 https://www.google.com/finance?q=NYSE:SNAP __ $21/share (six years to IPO)
Funding Rounds (9)
https://www.crunchbase.com/organization/snapchat#/entity
UPDATE
Date | Amount / Round | Valuation | Lead Investor | Investors |
---|---|---|---|---|
May, 2016 | $1.8B / Series F | — | — | 14 |
Jul, 2015 | undisclosed amount / Series F | — | Glade Brook Capital Partners | 3 |
Mar, 2015 | $200M / Series E | — | Alibaba | 3 |
Dec, 2014 | $485M / Series D | $10B | Kleiner Perkins Caufield & Byers | 4 |
Dec, 2013 | $50M / Series C | — | Coatue Management | 1 |
Jun, 2013 | $20M / Secondary Market | — | — | 0 |
Jun, 2013 | $80M / Series B | $800M | IVP (Institutional Venture Partners) | 6 |
Feb, 2013 | $12.5M / Series A | — | Benchmark | 3 |
May, 2012 | $485k / Seed | — | Lightspeed Venture Partners | 1 |
Snapchat Demographics
- 71% of Snapchat users are under 34 years old.
- Roughly 70% of Snapchat users are female.
- 30% of US Millennial Internet Users use Snapchat regularly.
- Ireland is the top country for Snapchat Usage based on percentage of usage by adults in each market.
- 50% of Male College students share selfies on Snapchat, the number is higher in Female college students. 77% to be precise.
- 45% of Snapchat users are aged between 18-24.
- Snapchat reaches 11% of Total US Digital population.
- More than 25% of UK Smartphone users are on Snapchat, in Norway the number goes up to 50%.
Snapchat Financials
- Snapchat generated $3.1 million in 2014, for a company valued at $20 billion this is far from being profitable.
- Snapchat lost $128 million in 2014 and the only revenue they generated was only in last few months of 2014.
- Snapchat’s largest expenses, aside from payroll, came from $47 million spent on product and $13.7 million for “outside services.”
- Snapchat is valued at $15 billion the last time it raised money.
- Snapchat has filed for an IPO that could value the company at $25 billion.
Fun Facts
- More than 400 million Snapchat stories are created per day.
- It would take you 10 years to view all the photos shared on Snapchat in the last hour.
- By the time you’d viewed those, another 880,000 years’ worth of photos would have been shared.
- More than 20,000 photos are shared every second
SoundCloud __ Funding Rounds (8) – $298.32M
Unique monthly users; 180 million
Web stats:
bounce rate: 72% (HRWMusicGroup.com __ last 30 days __ 17.09% __ industry avg. 50%)
Pages views / session: 2.02 (HRW 3.02 __ industry avg. 2.0)
UPDATE
Date | Amount / Round | Valuation | Lead Investor | Investors |
---|---|---|---|---|
Mar, 2017 | $70M / Debt Financing | — | — | 3 |
Jun, 2016 | $70M / Series E | — | Twitter Ventures | 2 |
Jan, 2016 | $35M / Debt Financing | — | Tennenbaum Capital Partners | 1 |
Jan, 2014 | $60M / Series D | $700M | 6 | |
Jan, 2012 | $50M / Series C | — | Kleiner Perkins Caufield & Byers | 3 |
Jan, 2011 | $10M / Series B | — | 2 | |
Apr, 2009 | €2.5M / Series A | — | Doughty Hanson Technology Ventures | 1 |
Mar, 2009 | undisclosed amount / Seed | — | — | 1 |
Tumblr __ Funding Rounds (6) – $125.25M
UPDATE
Date | Amount / Round | Valuation | Lead Investor | Investors |
---|---|---|---|---|
2012 | undisclosed amount / Secondary Market | — | — | 1 |
Sep, 2011 | $85M / Series E | — | Insight Venture Partners | 8 |
Nov, 2010 | $30M / Series D | — | Sequoia Capital | 3 |
Apr, 2010 | $5M / Series C | — | 2 | |
Dec, 2008 | $4.5M / Series B | — | 2 | |
Oct, 2007 | $750k / Series A | — | 5 |