Patreon is a fundraising platform for creators who create a stream of smaller works, like YouTube musicians, bloggers, web comics, etc. for rewards like pre-sold concert tickets, personal gifts, meet & greets.
PRODUCTS & SERVICES:
Crowdfunding for musicians, artists & content creators
Sam Yam, Jack Conte
Board Members and Advisors:
Dick Costolo, Danny Rimer
NUMBER OF EMPLOYEES:
Thrive Capital, Index Ventures, Charles River Ventures, Freestyle Capital, DFJ, Allen & Company, Accomplice, Charles River Associates, Atlas Venture, SV Angel, Alexis Ohanian, CAA Ventures, Rothenberg Ventures, Tyler, Kindling Capital, Initialized Capital, 122 West Ventures
Sam Yam (CTO); Jack Conte (CEO)
VALUATION / MARKET CAP:
$450 MM in 2017
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the fund for expanding its team size and scaling up growth by recruiting more creators including videographers, political pundits, game developers, illustrators, musicians, and comedians (Sep 2017).