Substack: Funding, Investors & Team (Sep 2026)

Substack lets writers connect with their audience on their own terms and earn money doing it. We make it simple for writers to publish to an email list that they own, get discovered on the web, and charge for subscriptions. More than 500,000 people pay to subscribe to writers across the Substack network, and the top writers make millions of dollars a year. Substack’s model depends on the success of writers using Substack – we only make money when they do. “Substack makes it dead simple to start a newsletter and get paid for it.” – Judd Legum, author of Popular Information "Substack gives me a way to connect with my audience on my own terms.” – Lyz Lenz, author of God Land and Men Yell At Me Make something that matters Great writing is valuable. It respects readers' time, their intelligence, and their trust. It helps us make sense of and change the culture we live in. At Substack, we're building a business model that enables great writing to thrive. Learn more about our opportunity and mission. We are a small but growing team, and there is more to build than we could ever imagine. That’s why we need you. We aim to take pragmatic approaches to problem solving while shipping high-quality products that allow the writing on Substack to take the spotlight. Every person at the company participates in customer support. We do this to build empathy with our users and enable us to build better products. We believe that a diverse team will help us build a product that best serves the needs of a wildly diverse ecosystem of writers. So whatever your background or perspective, we’d welcome your input to help build the best possible version of Substack.

Substack has raised $10.0M across 1 round on record. The most recent is an undisclosed round of $10.0M announced in Nov 2024.

Substack's most recent funding round on record is an undisclosed round of $10.0M, announced in Nov 2024.

FundedIQ lists Hamish Mckenzie (Founder) at Substack.

Substack is based in San Francisco, California, United States.

Substack is in the 51-100 employee band.

Substack's latest round of $10.0M is above the $2.8M median round size for Content and Publishing companies on FundedIQ across 366 tracked companies over the last two years.