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Substack Inc Alternatives & Competitors

The closest alternatives to Substack Inc are Ghost, Buttondown and Intuit Mailchimp. Substack Inc generates $45M in revenue with 2.6K employees. Every one of the 4 alternatives below is compared with Substack Inc on revenue, funding, customers, team size and founding year.

Substack Inc at a glance

Revenue
$45M
Valuation
$1.1B
Funding
$117.3M
Customers
500K
Team size
2.6K
Founded
2020

Substack Inc vs its top alternatives

Substack Inc is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Substack Inc compared with its top alternatives on revenue, funding, customers and team size
CompanySubstack Inc logoSubstack IncThis companyGhost logoGhostButtondown logoButtondownIntuit Mailchimp logoIntuit MailchimpBeehiiv logoBeehiiv
Revenue$45M$10.4M$392K$180.1M$30M
Valuation$1.1BNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$117.3M$7.4MNot disclosedNot disclosed$49.7M
Customers500K20.4K250140M20K
Team size2.6K10461.6K142
Founded20202013200820012021
HQSan Francisco, United StatesSingaporeUnited StatesUnited StatesUnited States

Substack Inc competitors ranked

Ghost logo

1. Ghost

Singapore

Ghost was founded in April 2013, after a very successful Kickstarter campaign to create a new platform focused solely on professional publishing. Their mission is to create the best open-source tools for independent…

Ghost revenue & fundingSubstack Inc vs Ghost

Revenue
$10.4M
Funding
$7.4M
Customers
20.4K
Team size
104
Beehiiv logo

4. Beehiiv

United States

Beehiiv is a SaaS email platform and ad network founded in 2021 by Tyler Denk and co-founders Ben and Jake. The company enables publishers, content creators, and businesses to send newsletters, grow their audiences, and…

Beehiiv revenue & fundingSubstack Inc vs Beehiiv

Revenue
$30M
Funding
$49.7M
Customers
20K
Team size
142

Substack Inc funding

Substack Inc funding rounds with amount raised and valuation
DateRoundAmountValuation
Jul 2025Series C$100M$1.1B
Mar 2023Series B$2MNot disclosed
Jul 2019Series A$15.3MNot disclosed

Substack Inc competitors FAQ

Who are Substack Inc's competitors?

The closest alternatives to Substack Inc are Ghost, Buttondown and Intuit Mailchimp. This page compares each of them with Substack Inc on revenue, funding, customers and team size.

What is the best alternative to Substack Inc?

Ghost is the closest alternative to Substack Inc, generating $10.4M in revenue. Which alternative fits best depends on budget and company size, so compare all 4 alternatives above before choosing.

How much revenue does Substack Inc generate?

Substack Inc generates $45M in revenue.

How much funding has Substack Inc raised?

Substack Inc has raised $117.3M in funding.

How many customers does Substack Inc have?

Substack Inc has 500K customers.

Is Substack Inc bigger than Ghost?

Yes. Substack Inc generates $45M in revenue versus $10.4M at Ghost.