Private Valuation & Funding Round Tracker · Patreon

Patreon funding rounds & valuation history

Name: Patreon Funding Rounds & Valuation History
Creator: growthnavigatefunding.net

Patreon, the San Francisco membership platform for creators, from its 2017 Series C to the 2021 Series F, sourced to Patreon, PR Newswire, Variety, Vox, TechCrunch and Axios.

Last updated: 13 Nov 2026 (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal

⬇ Download CSV Cite this dataset Methodology & status definitions

Last closed round Closed

$4B

$155M Series F, Apr 2021

Up-step, Series F

3.33×

$4B vs $1.2B (GNF calc.)

Raised, Series C–F

$365M

Sum of the four rounds on this page (GNF calc.)

Creator payouts

$10B+

Since 2013, per CEO Jack Conte (Axios, Aug 2025)

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Patreon funding rounds, September 2017 to April 2021
Date	Status	Round	Amount	Lead / buyer	Valuation	Val. ÷ run-rate	Source
7 Apr 2021	Closed round	Series FStep-up is against the Series E figure of “more than $1.2B”, so the true multiple may be slightly lower.	$155M	Tiger Global Management (new)With: Woodline Partners, Wellington, Lone Pine, NEA, Glade Brook and other existing investors	$4BStated by Patreon3.33× vs prior closed	—Not disclosedNo run-rate stated in the announcement	Patreon, 7 Apr 2021Also: Patreon via PR Newswire, 7 Apr 2021, TechCrunch, 6 Apr 2021
1 Sep 2020	Closed round	Series EPatreon’s first disclosed valuation (CEO Jack Conte, via Variety).	$90M	New Enterprise Associates (NEA), Wellington ManagementWith: Lone Pine (new)	$1.2BStated by Patreon to Variety; TechCrunch: “more than $1.2 billion”	—Not disclosedNo run-rate stated in the announcement	Patreon, 1 Sep 2020Also: Variety, 1 Sep 2020, TechCrunch, 3 Sep 2020
16 Jul 2019	Closed round	Series DTook total funding to $165M since 2013 (TechCrunch). Lead per Variety (“previous round was led by Gladebrook Capital”).	$60M	Glade Brook Capital	Not disclosedPatreon did not disclose a valuation before 2020 (Variety)	—Not disclosedNo run-rate stated in the announcement	TechCrunch, 16 Jul 2019Also: Variety, 1 Sep 2020
19 Sep 2017	Closed round	Series CSource conflict on valuation: TechCrunch cited two sources at “around $450 million”; Patreon declined to give a valuation and called that figure incorrect (Vox). Not charted.	$60M	Thrive CapitalWith: Index Ventures, CRV, Freestyle, DFJ	Disputed; not disclosedTechCrunch sources: about $450M; Patreon told Vox that figure is incorrect	—Not disclosedNo run-rate stated in the announcement	TechCrunch, 19 Sep 2017Also: Vox, 19 Sep 2017

Step-up = valuation ÷ the prior closed valuation (GNF calc.).

Valuation at each closed round

Closed rounds with a stated valuation. The 2017 Series C (disputed) and 2019 Series D (not disclosed) are not plotted.

Series ESep 2020$1.2B
Series FApr 2021$4B

Sources: Patreon; Variety; TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

19 Sep 2017 · Closed
Series C: $60M led by Thrive Capital; valuation disputed.
16 Jul 2019 · Closed
Series D: $60M, led by Glade Brook Capital.
1 Sep 2020 · Closed
Series E: $90M co-led by NEA and Wellington at $1.2B.
7 Apr 2021 · Closed
Series F: $155M led by Tiger Global at $4B.

Still private: Patreon has not filed for an IPO and is not owned by a listed company. No priced round has been announced since the April 2021 Series F (Patreon).

Cite this dataset

Free to quote with a link back. Copy this citation:

Patreon Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/patreon/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File: patreon-rounds.csv (UTF-8, comma-separated)
Stable URL: https://growthnavigatefunding.net/wp-content/uploads/2026/11/patreon-rounds.csv
Columns: id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated: 13 Nov 2026 (IST)

⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed, Series A and Series B (2013–2016), acquisitions, and reported secondary sales that we could not confirm in an authoritative source.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

13 Nov 2026: Dataset first compiled (batch 2, not yet published).

Patreon Funding Rounds & Valuation History (2017–2021)