# Substack reaches USD 45 million in ARR

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.



Canonical: https://uniquebase.ai/news/02294923-7548-497e-a1ae-143da8a0466a
Stable identifier: 02294923-7548-497e-a1ae-143da8a0466a
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:23:01.004Z

## Connected profiles

- [Substack](/companies/substack)

## Sources

- https://www.newcomer.co/p/scoop-substack-in-talks-to-raise