Patreon says it has raised $90M at a $1.2B+ pre-money valuation, nearly twice the $660M valuation it had prior to a funding round last year
New Enterprise Associates and Wellington Management led the $90 million funding round — Membership platform Patreon Inc., which enables musicians …
Wall Street Journal Maria Armental
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- Sources: Patreon raises $100M at a $1.2B pre-money valuation, nearly double the value it had prior to a funding round last year The Information
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Discussion
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@wyatt_earp_
Wyatt Jenkins
on x
The creator economy is real! I'm really excited for creators and my friends at @Patreon as they hit Unicorn status. https://blog.patreon.com/...
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@outoftheverse
Maura C
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I CANNOT WAIT TO BUILD THESE THINGS. Data Scientists interviewing for the team have asked about discovery algos for years and I usually say “nope, we don't do that” but now I get to say “yup, we're gonna do that” (but in a patreon-y, creator-first way). https://sprou.tt/...
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@joshmedia
Josh Felser
on x
Today, @patreon announced that the company has raised $90M at a valuation of $1.2B. More importantly Patreon has generated $2B for 200k creators across the globe, all from $6M of their fans. Now that's beautiful music & Patreon is just getting started! https://blog.patreon.com/..…
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@bschuler
Barry Schuler
on x
Congrats to the entire @Patreon team - the world is better with more people who can make a living creating! https://twitter.com/...
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@garrytan
Garry Tan
on x
Congratulations to the team at Patreon to join the billion dollar startup ranks. Big ups to my partner @alexisohanian for leading it & incredible work with the team over the years and a special thanks to @evantana for introducing us at seed https://blog.patreon.com/...
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@jbyttow
Jason Byttow
on x
It's been an amazing journey since joining @Patreon in early 2016. Lots of work with plenty of highs and lows, but watching creators thrive on Patreon by doing what they love is always worth it. The work continues... and we're hiring! https://blog.patreon.com/...
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@ljin18
Li Jin
on x
The passion economy births unicorns 🦄🦄🦄 Congrats @Patreon! https://www.wsj.com/...
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@levynews
Ari Levy
on x
Patreon just raised money at a $1.2 billion valuation. In May, I wrote about how musicians like Ben Folds turned to the site to connect with fans and make some $$ when live music ground to a halt. https://www.cnbc.com/... https://blog.patreon.com/... https://twitter.com/...
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@jackconte
Jack Conte
on x
Three things: 1) Creators have earned over $2B on Patreon to date from over 6M patrons! 2) Creators are about to be earning $1B per year on Patreon (!!!!). 3) We just raised $90M! Coming up: international, patron experience, discovery More info: https://blog.patreon.com/...