Patreon is a crowdfunding membership platform that aims to create a direct relationship between content creators and fans. Content creators are able to create webpages that allow fans to pay for a membership and receive exclusive content. Patreon aims to provide creators with predictable, recurring revenue and fans with the ability to connect directly with creators. Patreon targets podcasters, video creators, musicians, visual artists, communities, writers & journalists, gaming creators, nonprofits, and tutorials and education, etc.
Patreon claims to have 3 million monthly active patrons and 100,000 creators. Additionally, the company has paid out over $1 billion to creators. Patreon was founded in 2013 and is headquartered in San Francisco, CA.
*Based on Preferred Stock Price, Patreon does not have a stock symbol since it is currently private and is yet to have an IPO.
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