Tiger Global leads $155M round for Patreon

Patreon, the developer of a creator-founded membership platform, has landed $155 million in Series F funding at a $4 billion valuation, up from $1.4 billion last year, according to PitchBook data. Tiger Global led the round, with support from Wellington Management, Lone Pine Capital, NEA, Woodline Partners, Glade Brook Capital and DFJ Growth. Founded in 2013, Patreon is used by musicians, podcasters and other creatives to raise money from fans who have signed up for monthly memberships.

View details

News & Analysis

Related content