About Patreon
Patreon is an online platform connecting musicians and other artists with their fan base.
Headquarters
Patreon, San Francisco
Founded
2013-05-07
Industry
Content Creators, Music, Podcast, Video
Last Funding Type
Secondary Market
Valuation
38
Total Funding
$413.30 million dollars
IPO Status
Private
Financial
Patreon is introducing a gifting feature on its subscription platform, along with new tools to help content creators build their communities and monetize non-paying followers. The updates include countdown timers for posts and other creator-focused features.
Funding Rounds
10
Number of Lead Investors
7
Total Funding Amount
$413.30 million dollars
Number of Investors
39
Patreon vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Patreon | $38B | $413.30M | 10 |
| Kik | $2B | $215.80M | 7 |
| Mythical Games | $3B | $297.00M | 9 |
| Spotify | $29.5B | $2.09B | 21 |
| Roku | $1.3B | $212.01M | 11 |
| Lucid | $3B | $3.82M | 4 |
| Supercell | $12B | $143.03M | 3 |
| Scopely | $41B | $998.50M | 10 |
| Zoom Video Communications | $9.2B | $276.00M | 9 |
| Loom | $11B | $203.55M | 8 |
| Vox Media | $4B | $407.63M | 10 |
| Mux | $3B | $173.92M | 8 |
| Forte Labs | $4B | $910.00M | 4 |
| Forte | $4B | $910.00M | 4 |
| Takko | $2B | - | 3 |
| Roblox | $14B | $874.45M | 13 |
| Teads | $5B | $123.28M | 10 |
| Dapper | $8B | $4.00M | 2 |
| Youtube | $2B | $11.50M | 2 |
| Meraki | $1B | - | - |
| Dream Games | $3B | $467.50M | 4 |
| Skype | $34B | $76.81M | 5 |
| SendBird | $4B | $220.72M | 9 |
| Crunchyroll | $4B | $26.80M | 3 |
Growth Trends & Market Impact
Patreon may be growing as indicated by several articles highlighting its relevance in the creator economy. One article discusses the platform's role in the monetization of creators' work, which is a key component of the growing influencer subscription boom. Another article features an interview with Patreon's CEO, suggesting the company's leadership is actively engaged in public discourse about the creator economy. Additionally, a story about a creator's journey from using Patreon to achieving a deal with Prime Video implies that the platform is instrumental in creators' success and growth.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 10.11.2021 | $413.30 million dollars | |
| №2 | 15.09.2021 | $413.30 million dollars | |
| №3 | 06.04.2021 | $155.00 million dollars |
Tiger Global Management |
| №4 | 02.09.2020 | $90.00 million dollars |
New Enterprise Associates Wellington Management |
| №5 | 16.07.2019 | $60.00 million dollars |
Glade Brook Capital Partners |
| №6 | 14.09.2017 | $59.40 million dollars | |
| №7 | 16.01.2016 | $30.00 million dollars |
Thrive Capital |
| №8 | 23.06.2014 | $15.30 million dollars |
Index Ventures |
| №9 | 12.08.2013 | $1.50 million dollars | |
| №10 | 01.08.2013 | $2.10 million dollars |
Initialized Capital |