As of September 2026, Latka tracks 4 social network platforms companies with $100M+ in annual revenue. They have combined revenues of $1.8B and employ 3.3K people. They have raised $702.9M and serve 28.5M customers combined.
Every company below sells social network platforms to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Social network platforms are digital solutions that facilitate the creation, management, and interaction within online communities. Users can connect with friends, family, colleagues, or even customers, sharing content and engaging in discussions. The primary features often include user profiles, the ability to post updates, share media, messaging capabilities, and tools for content discovery and engagement. These platforms serve various use cases, from personal networking and socializing to professional networking and business marketing. Organizations often leverage social networks to enhance brand visibility, foster customer engagement, and facilitate employee communication. Common buyer personas include marketing professionals, community managers, HR personnel, and business development teams, all of whom utilize these platforms to achieve diverse objectives in user engagement and brand promotion.
Sorting: Highest -> Lowest
Showing 4 of 4 companies ranked by annual revenue.
Dubai, Dubai, United Arab Emirates
Developer of an instant messaging application intended to communicate easily. The company's cloud-based application includes group chatting, documents sharing, message encryption, cloud storage and message synchronization across iOS, Android, Windows, macOS and Linux among other platforms, enabling users to stay connected with friends and family without a hassle.
Vancouver, British Columbia, Canada
Hootsuite is a Vancouver-based social media management platform founded in 2008 by Ryan Holmes. The company serves businesses ranging from small and medium-sized organizations to large enterprises, providing tools for social media scheduling, analytics, and engagement across major networks. Hootsuite generates revenue exceeding $200 million annually, with the business trending toward $400 million by the end of 2024. Irina Novoselsky joined as CEO in 2023 and within 18 months has led a significant reacceleration of the business. In less than 12 months under her leadership, Hootsuite grew its enterprise core from 8 percent growth to 22 percent growth. The company operates with a predominantly inbound model, with 95 percent of new business arriving without an outbound sales force. Hootsuite previously pursued a Goldman Sachs-led exit process targeting a valuation of $7.75 billion, though that transaction was not completed. The company has since refocused on organic growth and is undergoing a broad transformation of its customer journey to align with the buying behaviors of millennial and Gen Z buyers, who Novoselsky projects will represent 75 percent of all buyers by 2025.
Beijing, Beijing, China
Operator of an online network designed to cater the needs of software developers and professionals. The company's network provides life-cycle services such as knowledge dissemination, online learning, career development, training, social website based employment and conference holding, enabling software developers to execute and meet their fundamental needs of learning while developing software.
New York, New York, United States
OpenWeb is a social engagement platform that allows publishers to foster meaningful conversations among their audience, while filtering out spam and toxicity. The platform provides real-time moderation, community management tools, and analytics to help publishers drive engagement and loyalty. OpenWeb is headquartered in New York City and serves publishers across the globe. The company's mission is to create a more open and civil internet where people can connect and communicate without fear of harassment or abuse. OpenWeb was founded in 2015 and has since grown to become a trusted partner for publishers looking to improve their engagement and audience experience.
Latka tracks 4 social network platforms companies with $100M+ in annual revenue. Together they generate $1.8B in annual revenue and employ 3.3K people.
Telegram is the largest, with $1B in annual revenue, founded in 2013.
The average social network platforms company in this list makes $437.6M a year, across 4 companies with reported revenue. They serve 28.5M customers combined.
Ranked by annual revenue, the leaders are Telegram, Hootsuite, CSDN and OpenWeb.
The 4 social network platforms companies with $100M+ in annual revenue tracked here have raised $702.9M in disclosed funding between them.
- Must allow users to create and manage personal or business profiles - Must enable connections between users, including following or friend requests as a feature - Must provide tools for sharing and discovering content such as posts, images, and videos - Features should support interaction through comments, likes, or direct messaging - Must offer privacy settings for users to control their information visibility - Not just focused on one-way communication; must enable two-way interaction between users
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