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Substack reaches USD 45 million in ARR

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News brief

On 2025/6/18, The Newcomer reported that subscription newsletter platform Substack disclosed annual recurring revenue of USD 45 million and was negotiating a new funding round.

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  1. www.newcomer.co ↗Published Jun 18, 2025
Original source text

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2025年6月18日,据The Newcomer报道,订阅通讯平台Substack披露年经常性收入达到4500万美元,正就新一轮融资进行谈判。