Patreon Raises $30M in Series B Funding

patreon_logoPatreon, a San Francisco, CA-based provider of a patronage platform that supports artists, raised $30m in Series B funding.

The round was led by Thrive Capital with participation from Allen and Company, Charles River Ventures, Index Ventures, Accomplice and Freestyle Capital.

The company intends to use the funds to build analytics, communication tools, reward management and more.

Founded in 2013 by Sam Yam, Patreon allows creators like webcomics, youtubers, podcasters to get ongoing funding directly from their fans. The platform currently features 17,000 creators in 15 categories including photography, animation, and crafts.
The company has 50 employees and is continuing to hire.



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