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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
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

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.