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Substack Raises $100 Million From Chernin Group, Skims CEO and More

By Todd Spangler Jul 17, 2025 | 9:20 AM

Newsletter and publishing platform Substack announced $100 million in Series C funding, led by technology investment firm BOND and Peter Chernin’s The Chernin Group (TCG). Also participating in Substack’s funding were VC firm Andreessen Horowitz; Rich Paul, CEO and founder of Klutch Sports Group; and Jens Grede, CEO and co-founder of Skims, the apparel company […]