Patreon Raises $15M

Funding Rounds

▤ Summary

Patreon, a Francisco, California-based crowdfunding and media company, closed a $15m Series A round of financing.Backers included Index Ventures, Charles River Ventures, Thrive Capital, Freestyle Capital, Atlas Ventures, SV Angel, UTA, CAA, Alexis Ohanian (cofounder of Reddit), Garry Tan, Aaron Harris, Sam Altman (President of Y Combinator), Joshua Schachter (founder of Delicious), David Marcus (former President of Paypal), Stan Chudnovsky (VP at Paypal), Joshua Reeves (founder of Zenpayroll), and Jenny Haeg (founder of Custom Spaces).The company intends to use the funds to build a mobile app, iOS, and Android, launch new products, and hire engineers (http://www.patreon.com/jobs).Founded in May 2013 by Sam Yam and Jack Conte, Patreon is a patronage platform that enables fans to support and engage with artists and creators.such as musicians, YouTubers, web comics, writers & bloggers, indie gamers, video producers, authors, podcasters, animators, artists and photographers.

$ Funding

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Amount $15.0M Total raised
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Date June 24, 2014 Announcement date
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Investors Patreon Lead investors
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Company http://www.patreon.com Funded company

▥ Classifications

industries
Entertainment
applications
Billing/Invoicing

◇ AskAI Classifications

Labels
SaaS Creator Economy Software Membership Management Software

▦ Linked Companies

Patreon
$50M to $100M