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Patreon

Membership platform that lets creators earn recurring income from fans
Consumer 📍 San Francisco, CA Founded 2013
Current Valuation
$4.0B
as of 2025-Q3
UNICORN

IPO Outlookrumored

Is Patreon going public in 2027?
An IPO is rumored for 2027, with nothing filed. Patreon remains private and the date is not the company's.
What is Patreon's valuation in 2026?
Patreon is valued at $4.0B as of 2025-Q3, set by its Secondary tender (Sep 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Patreon filed an S-1?
No public S-1 is on file for Patreon as of 08/23/2026; the IPO is rumored.
Who are Patreon's investors?
Patreon's investors include Tiger Global, Wellington Management, Index Ventures, DST Global, Thrive Capital, Founders Fund.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Patreon is the original membership platform letting creators earn recurring income from fans through subscription tiers. Sacra estimates Patreon generated $179M in net revenue in 2025, up roughly 28% year-over-year from $140M in 2024, with the company taking 5-12% of approximately $1.5 billion in gross creator earnings. Most recently valued near $4 billion, Patreon has been investing heavily in video, direct fan engagement, and mobile-app monetization to differentiate from Substack and YouTube Memberships.

Company Profile

CEO
Jack Conte
Founded
2013
HQ
San Francisco, CA
Employees
~350
Total Raised
$412M
Est. Revenue
$179M (2025)
Growth
~28% YoY
IPO Status
rumored

Fundraising Status

Secondary tender · 11 mo ago
rumoredTotal raised $412M

Secondary Market

Implied price / share
$8.47
Last round price / share
$49.84
vs last round
-83.0%
Open interest
8
Last round price vs secondary price
Last round vs current secondary price per share$49.84Last round$8.47Current
Secondary price return by period
Secondary market period returns3-month-16.8%6-month+3.0%1-year-1.1%All-time-75.8%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Secondary tenderSep 2025

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
6
via ashby
Product-build share
50%
engineering, research, product, design
Trajectory
steady
product-led hiring — 50% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month6Aug '26
Open roles by function
Open roles by functionOther2Engineering2Design1Marketing1
product-building   go-to-market / G&A
Staff Product Designer, DiscoveryStaff Software Engineer, Data InfrastructureSenior Staff Software Engineer, Backend PlatformPorto Site LeadNordic Acquisitions Manager (Contract)Director of Product Marketing
Counted from Patreon's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Jack ConteSam Yam

Investors

Tiger Global · Wellington Management · Index Ventures · DST Global · Thrive Capital · Founders Fund

Products

  • Memberships and tiers
  • Direct messaging and DM monetization
  • Video uploads and hosting
  • Commerce (digital products)
  • Patreon Mobile App
  • Apple/Google in-app subscriptions

Competitors

Substack · OnlyFans · YouTube Memberships · Kajabi · Ko-fi
Creator EconomySubscriptionsConsumerUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.