Wattpad

Wattpad is a digital storytelling platform based in Toronto, founded in 2006 by Allen Lau and Ivan Yuen. It has grown into the world’s largest community of readers and writers, with over 90 million users who engage with a diverse range of genres, including mystery, romance, science fiction, and poetry. The platform allows users to read, write, and share stories, fostering direct interaction between readers and writers. Wattpad offers a mobile and web app that supports multiple languages, making it accessible to a global audience. Writers can publish original content and build fandoms, with opportunities to monetize their work. The platform also features social tools for community engagement, allowing users to comment and connect over shared interests. Additionally, Wattpad explores cross-media opportunities by adapting popular stories into books, TV shows, and movies, leveraging its extensive library of user-generated content.

Information Technology & Services Toronto, Canada Founded 2006 ~1,281 employees

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Employees
1,281
-0.6% in the 3 months to Jun 2025
Revenue / employee
$31.2K
Revenue ~$40M
Total funding
$207M
Last round Mar 2019
12-month attrition
8.5%
Tech: 16.4%
H1B sponsor
NA
Open jobs
4
Last 30 days

Headcount trend

Wattpad went from 1,352 employees in Jul 2023 to 1,281 in Jun 2025. Jan to Jun 2025: 25 people joined, 38 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other1,119
Engineering77
Operations24
Marketing21
Product8
Design8
Finance7
Success7

Hiring now

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Salaries at Wattpad

All salaries

2 salary profiles in the US

Pay by level, gender and ethnicity

Funding

  • Mar 2019 · Times Bridge
  • Jan 2018 · Venture · $51M · Peterson Group, Raine Partners, BDC Venture Capital
  • Jan 2018 · $49.2M · Tencent, Business Development Bank of Canada, Kickstart Ventures
  • Oct 2017 · $40M · Tencent Holdings Ltd., BDC, Kickstart Ventures
  • Apr 2014 · Series C · $46M · OMERS Ventures, August Capital, Khosla Ventures
  • Jun 2012 · Series B · $17.3M · Khosla Ventures, Union Square Ventures, Golden Venture Partners
  • Sep 2011 · Series A · $3.5M · Union Square Ventures, Version One Ventures, Golden Venture Partners

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Wattpad FAQ

How many employees does Wattpad have?

Wattpad has about 1,281 employees, down 0.6% over the 3 months to Jun 2025.

What is Wattpad's revenue per employee?

Wattpad makes about $31K in revenue per employee, based on $40M annual revenue and 1,281 employees.

How much does Wattpad pay?

6figr has 2 salary profiles for Wattpad in the US, with pay broken down by role, level, gender and ethnicity on the Wattpad salaries page. See Wattpad salaries

How much funding has Wattpad raised?

Wattpad has raised $207.05M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.