Patreon - About the company
Patreon is a series F company based in San Francisco (United States), founded in 2013 by Jack Conte. It operates as a Provider of a reward-based crowdfunding platform for musicians and content creators. Patreon has raised $412M in funding from investors like Thrive Capital, Index Ventures and Glade Brook Capital, with a current valuation of $1.4B. The company has 167 active competitors, including 18 funded and 8 that have exited. Its top competitors include companies like Substack, Medium and Bandcamp.
Sectors and market segments that Patreon operate in
Patreon serves in the FinTech, Media & Entertainment, Gig Economy market segments.The primary business model of Patreon are:Company Details
Provider of a reward-based crowdfunding platform for musicians and content creators. It allows users to invest in projects to avail returns in the form of pre-sold concert tickets, personal gifts, meet & greets, etc. The backers pledge a fixed amount every month to the chosen project. It is based on the ad revenue and per-stream payouts model. The application can be accessed on iOS and Android devices.
- Website
- www.patreon.com/
- Email ID
- *****@patreon.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series F
Total Funding
$412M in 7 rounds
Latest Funding Round
Post Money Valuation
$1.4B as on Dec 31, 2021
Investors
Ranked
3rd among 167 active competitors
Employee Count
1,218 as on Sep 30, 2026
Legal entities associated with Patreon
Patreon is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Patreon, Inc. CIN: 7073064 , United States, Active | Sep 06, 2023 | - | 397 (As on Dec 31, 2024) | - |
Sign up to download Patreon's company profile
Patreon's funding and investors
Patreon has raised a total funding of $412M over 7 rounds. Its first funding round was on Aug 02, 2013. Its latest funding round was a Series F round on Apr 06, 2021 for $155M. 7 investors participated in its latest round. Patreon has 53 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Patreon:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 06, 2021 | $155M | Series F | $4B | - | ||
Sep 02, 2020 | $90M | Series E | $1B | - | - | |
Jul 16, 2019 | $60M | Series D | $600M | - |
View details of Patreon's funding rounds and investors
Patreon's founders and board of directors
Founder? Claim ProfileThe founders of Patreon is Jack Conte. Jack Conte is the CEO of Patreon.
Here are the details of Patreon's key team members:
- Jack Conte: Co-Founder & CEO of Patreon. They are also an angel investor in 6 startups.Contact Info: 1 email address
View details of Patreon's Founder profiles and Board Members
Patreon's employee count trend
Patreon has 1,218 employees as of Sep 26. Here is Patreon's employee count trend over the years:
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Patreon's Competitors and alternates
Top competitors of Patreon include Substack, Medium and Bandcamp. Here is the list of Top 10 competitors of Patreon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Substack 2017, San Francisco (United States), Series C | Platform allowing writers to publish and monetize their content directly with readers. | $190M | 84/100 | |
2nd | Medium 2012, San Francisco (United States), Series C | Online publishing platform thet allows users to read and write blogs | $163M | 84/100 | |
3rd | Patreon 2013, San Francisco (United States), Series F | Provider of a reward-based crowdfunding platform for musicians and content creators | $412M | 81/100 | |
4th | Bandcamp 2007, San Francisco (United States), Acquired | Online retailer of digital music, vinyl records, and related merchandise | $40M | 67/100 | |
5th | Wordpress 2005, United States, Public | Provider of website hosting, domain name registration, and website building | $28K | 64/100 | |
6th | beatBread 2020, Los Angeles (United States), Series B | Online music funding platform | $258M | 58/100 | |
7th | Topmate 2021, San Francisco (United States), Seed | Provider of creator monetization and mentoring platform | $1.13M | 53/100 | |
8th | Scoop.it 2010, San Francisco (United States), Acquired | Content curation and social sharing platform for businesses | $2.6M | 53/100 | |
9th | Graphy 2020, Dover (United States), Unfunded | Provider of platform for creators, coaches, and educators to build and sell online courses, communities, and digital products | - | - | 51/100 |
10th | Posterous 2008, San Francisco (United States), Acqui-Hired | Online blogging platform for users | $10.1M | 45/100 |
Looking for more details on Patreon's competitors? Click here to see the top ones
Patreon's Investments and acquisitions
Patreon has not made any investments yet. Patreon has made 4 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 17, 2023 | Acquisition | 2019 | Los Angeles (United States) | |
Aug 31, 2021 | Acquisition | 2018 | New York City (United States) | |
Aug 08, 2018 | Acquisition | 2013 | Ponte Vedra Beach (United States) |
See all acquisitions by Patreon
Reports related to Patreon
Here is the latest report on Patreon's sector:
News related to Patreon
Media has covered Patreon for a total of 10 events in the last 1 year, 4 of them have been about company updates and 1 about people movement.
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Patreon Rolls Out Over 30 New Tools and Features to Empower Smaller CreatorsLatestly•Aug 21, 2026•Patreon
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Patreon Layoffs: Company Cuts 20% of Workforce as CEO Discusses AI ImpactLatestly•Jul 24, 2026•Patreon
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AI Startup Chronicle Secures $12 Million to Automate the Social Media EconomyEntrepreneur•May 19, 2026•Point72 Ventures, Patreon
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Watch Club secures seed funding led by GV for vertical microdrama seriesTechCrunch+•Feb 03, 2026•Upside VC, Patreon, Watchclub
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CarbonWeb Acquires Green Llamas to Expand monday.com Partnership in North AmericaPR Newswire•Dec 16, 2025•Carbon Web Print, Green Llamas, Patreon
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Patreon Adds Discovery Feed, Aims to Be a Healthier Social Media AlternativeEngadget•Nov 10, 2025•Patreon
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