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COLD START / catalog / c/substackretrieved 2026-05-26T05:09 UTC · 38 sources read

Substack

Substack is a subscription-based media platform founded in 2017 that empowers independent creators, including professional writers, podcasters, and video producers, to publish content directly to their subscribers. The platform allows creators to monetize their work through paid subscriptions while maintaining control over their content and community engagement. Substack offers tools for publishing newsletters, articles, podcasts, and videos, enabling creators to connect with their audience via email and web. The company was established in San Francisco by Chris Best, Jairaj Sethi, and Hamish McKenzie, and has grown to support tens of millions of weekly active users. Substack emphasizes a direct payment model, allowing creators to set their own subscription prices and retain a significant share of the revenue. The platform also features community-building tools, private Substacks, and resources to help creators succeed. Substack targets professional writers and has attracted notable figures across various fields, showcasing its effectiveness in fostering direct reader relationships.

substack.com · San Francisco

CALL NO.CS·SUBSTACK·26
StageSeries CJuly 2025[1]
Raised$213Mdisclosed rounds[1]
Headcount3400as of May 2026[1]
Valuationnot publicly disclosedno source in ledger
Founded2017[1]
Money

Raised $213M across disclosed rounds.[1]

Series C closed July 2025.[1]

Round size, post-money valuation, and the full investor list are not publicly disclosed.

People

Chris Best, Founder and CEO[2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

Hamish McKenzie, Cofounder[2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

Jairaj Sethi, Co-Founder[2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

Ted Livingston, CEO[20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38]

Matthew Prince Substack, CEO[20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38]

Andrew Chen, General Partner[20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38]

Hamish[20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38]

Signals

No recent signal with a usable source.

Comps

No comparable company is named by any source in this ledger.

The section stays empty until one is.

Investor Lens
Why care
The case
What to learn next
Pay attention to
How it wins

Filled in the side panel for invited readers. This card carries sourced facts only.

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reported

Substack

CALL NO.CS·SUBSTACK·26

Substack is a subscription-based media platform founded in 2017 that empowers independent creators, including professional writers, podcasters, and video producers, to publish content directly to their subscribers. The platform allows creators to monetize their work through paid subscriptions while maintaining control over their content and community engagement. Substack offers tools for publishing newsletters, articles, podcasts, and videos, enabling creators to connect with their audience via email and web. The company was established in San Francisco by Chris Best, Jairaj Sethi, and Hamish McKenzie, and has grown to support tens of millions of weekly active users. Substack emphasizes a direct payment model, allowing creators to set their own subscription prices and retain a significant share of the revenue. The platform also features community-building tools, private Substacks, and resources to help creators succeed. Substack targets professional writers and has attracted notable figures across various fields, showcasing its effectiveness in fostering direct reader relationships.

substack.com · San Francisco

StageSeries C
Raised$213M
Headcount3400
Valuationnot publicly disclosed
Founded2017
Compsnone named by a source