7 days ago
Substack Raises $100 Million at $1.1 Billion Valuation
Substack, the newsletter platform for independent writers, has raised $100 million to invest in better tools, broader reach and more support for creators on the site.
Investors were led by technology investment firm BOND and the Chernin Group, the company announced Thursday. Andreessen Horowitz, Klutch Sports Group founder Rich Paul and Skims Body Inc. co-founder Jens Grede also participated in the round, which values the company at $1.1 billion.
