The New Paper

April 8, 2021

Patreon raises at $4B valuation

Membership platform Patreon raised $155M at a $4B valuation (up from $1.2B in September). The funding comes amid a growing trend of creators directly monetizing their audiences, with several large technology platforms announcing creator monetization tools in recent months.
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This story is from the April 8, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.