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About Patreon
Industries
Consumer Software
Entertainment
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$352.1M
Headquarters
San Francisco, California
Founded
2013
Overview
Patreon is a membership platform that connects artists and creators with their most dedicated fans, allowing them to earn a stable income. It serves a variety of creative professionals, including writers, musicians, visual artists, and podcasters. Creators can set up different membership tiers that offer exclusive content and experiences to their fans, who subscribe for a monthly fee. This model provides a reliable income stream, which is often more consistent than traditional revenue sources like advertising. Patreon takes a percentage of the creators' earnings, ensuring that the company's success is tied to the success of its users. The platform also offers tools to help creators manage their memberships and engage with their patrons. The goal of Patreon is to support independent creators by providing them with financial stability and a direct connection to their audience.
Simplify's Take
What believers are saying
- Increased demand for exclusive content boosts creator sign-ups on Patreon.
- Integration with platforms like AltStore PAL expands Patreon's reach to tech-savvy audiences.
- Hiring experienced marketers like Mike McGarry enhances Patreon's brand and marketing strategies.
What critics are saying
- Alleged privacy violations could lead to legal challenges and reputational damage.
- Integration with AltStore PAL may attract scrutiny from Apple.
- Recent layoffs and office closures suggest potential financial instability or strategic shifts.
What makes Patreon unique
- Patreon offers creators a direct line to their most passionate fans.
- The platform provides a reliable income stream through membership tiers and exclusive content.
- Patreon aligns its success with creators by taking a percentage of their earnings.
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Funding
Total Funding
$352.1M
Above
Industry Average
Funded Over
6 Rounds
Tiger Global
New Enterprise Associates
SV AngelBenefits
Competitive Pay & Equity - Our company was built on the idea of value for value. To get the best on board, we provide competitive base salaries, stock options, and a 401k program.
The Bells and Whistles - As they say, it’s the little things: commuter stipend, computer gear, standing desks, a learning stipend for your professional development and a monthly patronage stipend.
Health Coverage - We offer incredible healthcare options for you and your loved ones (including dental, vision and mental health), as well as snacks and a daily catered lunch.
Balance & Wellness - We offer a gym stipend (or Fitness SF membership), as well as unlimited vacation and sick leave.
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Patreon hires Shake Shack's Mike McGarry as first SVP of marketing.
Last year, Patreon introduced e-commerce features and free memberships, which allow fans to subscribe to a creator's public posts without having to pay for paywalled content.
AltStore PAL is integrating its marketplace with Patreon for monetization, and will support developers who want to distribute beta apps as a reward for crowd-sourced funding, which isn't allowed in the App Store.
Recognizing this trend, its 3D model business is venturing into new territory by joining Patreon to develop cutting-edge mods for Assetto Corsa, a popular racing simulation game.
This crucial federal law, pivotal in maintaining online video viewers' privacy, is challenged by Patreon's alleged violation of its principles.
Patreon is Hiring for 18 Jobs on Simplify!
Find jobs on Simplify and start your career today
People & HR
1 Open Roles
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About Patreon
Industries
Consumer Software
Entertainment
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$352.1M
Headquarters
San Francisco, California
Founded
2013
Patreon is Hiring for 18 Jobs on Simplify!
Find jobs on Simplify and start your career today
People & HR
1 Open Roles
People Also Viewed
Discover companies similar to Patreon