Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Snap history
Snap company history timeline
The company was founded on September 16, 2011, by Evan Spiegel and Bobby Murphy upon the relaunch of Picaboo as Snapchat.
Picaboo was renamed Snapchat in 2012, and by the end of that year, it was clear that the start-up was onto something big.
In October 2013, Snapchat launched Stories -- an ephemeral narrative of snaps that users could post for their friends to view for 24 hours.
A $13.5 million Series A financing in early 2013 helped fuel the company’s explosive growth.
In 2014, Snapchat ramped up innovation and launched a slew of new features and updates.
You’d be forgiven for not knowing what Poke is, as the app received a tepid reception and was quietly shut down in 2014.
In May 2015, the company moved from its original headquarters to a 47,000 ft (4,366 m) office complex near Venice Beach and signed a 10-year lease.
In March, July, and August 2016, the company acquired Bitstrips for $100 million, Obvious Engineering, the developers of Seene, for an undisclosed amount and Vurb for $100 million.
In November 2016, the company filed documents for an initial public offering (IPO) with an estimated market value of $25–35 billion.
In January 2017, the company announced that it had established an international headquarters in Soho, London.
In early February 2017, the company confirmed their plans for an IPO in 2017 and its expectation to raise $3 billion.
In late May 2017, the company acquired the location sharing app Zenly in a cash and stock deal.
The Zenly app will remain functional, but its concepts were incorporated into a Snapchat feature added in June 2017.
In October 2017, the company announced that it had formed a joint venture with NBCUniversal to produce content for Snap's platforms, and that it had signed Duplass Brothers Productions as its first partner.
On October 26, 2018, at TwitchCon, Snap launched a new desktop application for macOS and Windows known as Snap Camera.
Snapchat hit rock bottom in 2018 after shares dropped below the $5 mark, and user growth had stalled out.
Ranked: The Most Innovative Companies in 2021
The World’s Biggest Startups: Top Unicorns of 2021
Rate how well Snap lives up to its initial vision.
Snap jobs
Do you work at Snap?
Does Snap communicate its history to new hires?
Snap competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Nh | - | $2.1M | 7 | - |
| Zoom Video Communications | 2011 | $4.7B | 4,422 | 35 |
| Accolade | 2007 | $414.3M | 1,720 | - |
| Memories | 2018 | $530,000 | 50 | 1 |
| FIT | - | $20.0M | 350 | 11 |
| C.R.I.S. | - | $440,000 | 10 | - |
| Swish | 2013 | $1.2M | 25 | - |
| Domaine | 2013 | $3.6M | 125 | - |
| Lifesavers Wild Horse Rescue | 1997 | $210,000 | 5 | - |
| Renaissance Learning | 1986 | $490.0M | 2,100 | 10 |
Snap history FAQs
Zippia gives an in-depth look into the details of Snap, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Snap. The employee data is based on information from people who have self-reported their past or current employments at Snap. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Snap. The data presented on this page does not represent the view of Snap and its employees or that of Zippia.
Snap may also be known as or be related to SNAP INC, Snap, Snap Inc, Snap Inc., Snap Technologies, Inc., Snap, Inc., Snapchat Inc. (2011–2016) and Snapchat Inc.