Sign Up Today and Learn More About Substack Stock
Invest in or calculate the value of your shares in Substack or other pre-IPO companies through EquityZen's platform.
Substack Stock (SUBS)
Substack makes it simple for a writer to start an email newsletter that makes money from subscriptions.
About Substack Stock
Founded
2017
Headquarters
San Francisco, CA, US
Total Funding
17.4M
Industries
Media and Entertainment, Other, Content and Publishing
Substack Press Mentions
Stay in the know about the latest news on Substack
Substack CEO apologises for security breach affecting personal data
computing • Feb 09, 2026
Substack confirms Oct’25 data breach that resulted in personal information for users
thetechportal • Feb 07, 2026
Substack hires former Google exec as its first head of partnerships in Canada
betakit • Feb 06, 2026
Substack hires former Google exec Mark Swierszcz as its head of partnerships in Canada, its third-largest market worldwide, as it expands beyond the US and UK (Etan Vlessing/The Hollywood Reporter)
mediagazer • Feb 05, 2026
Why Substack Is Bringing Video Podcasts and Livestreams to TV
medianama • Jan 29, 2026
Substack Management
Leadership team at Substack
Co-founder and CTO
Jairaj Sethi
Co-founder and COO
Hamish McKenzie
Join now and verify your accreditation status to gain access to:
- Substack Current Valuation
- Substack Stock Price
- Substack Management
- Available deals in Substack and all other companies with relevant Deal Offering documents
- EquityZen's proprietary data and insights, which may include
- Substack Cap Table and Funding History by Share Class and Liquidity Preferences
- Substack Revenue and Financials
- Substack Highlights
- Substack Business Model
- Substack Risk Factors
- Substack Research Report from SACRA Research
Trading Substack Stock
How to invest in Substack stock?
Accredited investors can buy pre-IPO stock in companies like Substack through EquityZen funds. These investments are made available by existing Substack shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.
How to sell Substack stock?
Shareholders can sell their Substack stock through EquityZen's private company marketplace. EquityZen's network includes over 420K accredited investors interested in buying private company stock. Learn more about the easy and guided Shareholder process here.
If I invest, how do I exit my investment?
There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.
Why choose EquityZen?
Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in private companies. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 51K private placements completed across 450+ companies, EquityZen leads the way in delivering "Private Markets for the Public."
