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PATREON
Patreon
Membership / crowdfunding platform · San Francisco, California · United States · Founded · 2013 · ≈ · 400 · employees

Patreon Valuation: $4B After the Apr 2021 Series F

Private

Patreon was last valued at $4B. It comes from the $155M Series F of Apr 2021. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Patreon valuation · at a glance
Last valuation
$4B
DEC 2021
Lead investors
6
across 8 rounds
Raised across rounds
$426.1M
8 rounds
Date of last round
Apr 2021
closed 1 Apr 2021
Valuation history

How the Patreon valuation has moved

2 valuations. The latest, $4B post-money, was set by the Series F in Apr 2021.

$4B
Sep 2020
$1.2B
Series E · post-money
Apr 2021
$4BLATEST
Series F · post-money
+233% vs prior valuation
Latest valuation
$4Bpost-money
Set by the Series F · 1 Apr 2021
×3.3since the $1.2B Series E in Sep 2020
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series F · $155M raised
Funding rounds

Patreon rounds and the valuation each one set

8 rounds
Round
Date
Amount
Valuation
Basis
Series F LATEST
1 Apr 2021
$155M
$4B
POST-MONEY
Series E
1 Sep 2020
$90M
$1.2B
POST-MONEY
Series D
16 Jul 2019
$60M
—
—
Series C
1 Sep 2017
$59M
—
—
Series B
1 Jan 2016
$30M
—
—
Series A
23 Jun 2014
$15M
—
—
Series A
1 Jun 2014
$15M
—
—
Seed
1 Aug 2013
$2.1M
—
—
Lead investors
Leads: Glade Brook Capital, Index Ventures, New Enterprise Associates, Thrive Capital, Tiger Global Management, Wellington Management.
Full funding history — Patreon profile ›
What the valuation means

What the $4B actually measures

A private valuation is the price agreed in one transaction. The Patreon valuation of $4B is a private-market figure from the Series F dated 1 Apr 2021 — the whole company measured after the $155M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $3.8B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2013 with roughly 400 people has no daily price and no order book between rounds.

Where the $4B comes from
EventSeries F, dated 1 Apr 2021
Round size$155M
LeadTiger Global Management

Frequently asked questions

Who has invested in Patreon?›

Lead investors for each round are in the funding timeline.

Who are Patreon's competitors?›

The closest membership / crowdfunding platform peers are on the competitors page.

How can I get exposure to Patreon?›

The routes section explains what is realistically available for a company at this stage.

Is Patreon publicly traded?›

No. Patreon is a private company; its shares do not trade on a public exchange.

What is Patreon's valuation?›

The last valuation is $4B.

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