Snap

Snap

Signal active

Investment Firm

Overview

Snap is a privately-owned global camera company focusing on multinational technology and social media. The company's flagship product is Snapchat, a multimedia messaging app known for its ephemeral nature, disappearing messages, and creative features such as filters, lenses, and Stories.

Snapchat initially gained popularity among younger demographics for its unique approach to communication, allowing users to send photos and videos that disappear after being viewed. Over time, the platform has evolved to include various features, including augmented reality (AR) experiences, gaming, original content through Discover, and professional-grade editing tools.

In addition to Snapchat, Snap Inc. has expanded its offerings to include hardware products such as Spectacles, and sunglasses equipped with a built-in camera for capturing first-person perspective content. The company has also invested in various other technologies, including AR, camera technology, and digital content creation.

Highlights

Founded

2011

Industry

Social Media

Employees

5001-10000

Investment

17

Lead Investment

5

Exits

1

Stages

Seed, Late Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

Snap, established in 2011 and headquartered in United States, North America., specializes in Seed, Late Stage Venture investments across FinTech, Artificial Intelligence (AI), Content Creators, Sharing Economy, Virtual Workforce, Financial Services, Venture Capital, Finance, Business Development, Data Governance. The organization boasts a portfolio of 17 investments, with an average round size of $44.6M and 1 successful exits. Their recent investments include Bump, Gaingels, Connetic Ventures, HL Ventures, Heirloom. The highest investment round they participated in was $77.3B. Among their most notable exits are Bump and Gaingels. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Scott Forstall

Scott Forstall

Advisor

imagePlace Mike Cunningham

Mike Cunningham

Product

imagePlace Randy Meech

Randy Meech

Director of Engineering - Maps

imagePlace David Dudas

David Dudas

Software Engineering Manager

imagePlace Raj Advani

Raj Advani

Senior Staff Software Engineer

imagePlace Ebony Charlton

Ebony Charlton

Manager, Partner Engineer

Investment portfolio

Snap has made 17 investments. Their most recent investment was on Dec 05, 2023, when Newond raised $258.2K.

Snap has made 5 diversity investments. Their most recent diversity investment was on Apr 23, 2024, when Bump raised $3.0M.

investments

17

Diversity investments

5

Lead investments

5

Number of exits

1

Investments

17

Annouced DateOrganization NameIndustryMoney Raised
Feb 08, 2022
Aleph Holding Aleph Holding
Advertisingnull
Oct 31, 2022
Perfect Perfect
Consumer105.0M
Dec 05, 2023
Newond Newond
Human Resources258.2K
Apr 23, 2024
Bump Bump
FinTech3.0M

Exits

1

Funding Timeline

Funding rounds

17

Investors

39

Funds

0

Funding Rounds

17

Snap has raised 17 rounds. Their latest funding was raised on Apr 23, 2024 from a Seed Round - Bump round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Feb 08, 2022
Corporate Round - Aleph Holding Corporate Round - Aleph Holding
-0-
Oct 31, 2022
Post-IPO Equity - Perfect Post-IPO Equity - Perfect
-105.0M-
Dec 05, 2023
Pre Seed Round - Newond Pre Seed Round - Newond
-258.2K-
Apr 23, 2024
Seed Round - Bump Seed Round - Bump
-3.0M-

Investors

51

Snap is funded by 51 investor(s). Coatue and Spark Capital Kantor are the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
-No
Secondary Market - Snap
0
-Yes
Post-IPO Equity - Snap
2000.0M
-No
Post-IPO Equity - Snap
250.0M
-No
Post-IPO Debt - Snap
650.0M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

There is no recent news or activity for this profile.