Patreon - About the company
Patreon is a series F company based in San Francisco (United States), founded in 2013 by Jack Conte and Sam Yam. 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 $4B. The company has 81 active competitors, including 17 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 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
$4B as on Apr 07, 2021
Investors
Ranked
3rd among 81 active competitors
Employee Count
1,198 as on Mar 31, 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 | Documents |
|---|---|---|---|---|
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 52 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 ProfileHere are the details of Patreon's key team members:
- Jack Conte: Co-Founder & CEO of Patreon. They are also an angel investor in 5 startups.Contact Info: 1 email address
- Sam Yam: Co-founder, President & CTO of Patreon and founder of 1 other company. They are also an angel investor in 4 startups.
View details of Patreon's Founder profiles and Board Members
Patreon's employee count trend
Patreon has 1,198 employees as of Mar 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 | Subscription-based content management platform for publishers | $190M | 84/100 | |
2nd | Medium 2012, San Francisco (United States), Series C | Online platform 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 | 82/100 | |
4th | Bandcamp 2007, San Francisco (United States), Acquired | Online retailer of digital music, vinyl records, and related merchandise | $40M | 71/100 | |
5th | Wordpress 2005, United States, Public | Provider of website hosting, domain name registration, and website building | $28K | 66/100 | |
6th | beatBread 2020, Los Angeles (United States), Series B | Online music funding platform | $258M | 64/100 | |
7th | Scoop.it 2010, San Francisco (United States), Acquired | Content curation and social sharing platform for businesses | $2.6M | 57/100 | |
8th | Posterous 2008, San Francisco (United States), Acqui-Hired | Online blogging platform for users | $10.1M | 45/100 | |
9th | Seed&Spark 2012, New York City (United States), Seed | Online crowdfunding portal for funding motion pictures | $1M | 45/100 | |
10th | ![]() FAMIGO 2009, Phoenix (United States), Seed | Online marketplace platform for artists offering monetization solutions | $1M | 44/100 |
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 12 events in the last 1 year, 6 of them have been about company updates and 1 about people movement.
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Watch Club secures seed funding led by GV for vertical microdrama seriesTechCrunch+•Feb 03, 2026•Upside VC, Patreon, WATCH CLUB
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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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Social Fitness Platform Sweatpals Raises $12M To Fuel the ‘Daylife Movement’Athletech News•Oct 28, 2025•Patron, SweatPals, Andreessen Horowitz, Patreon and 10 others
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Character platform ego AI secures $6.7m to enhance human-like in-game charactersPocket Gamer•Oct 16, 2025•The New York Times, Y Combinator, Boost VC, Accel and 2 others
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Patreon Increases Cut of New Users' Earnings with Expanded Creator OptionsTubefilter•Jun 19, 2025•Patreon
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