The trade desk for the creator economy.

Patreon

Patreon is a membership platform founded by musician Jack Conte and developer Sam Yam. It helps creators earn recurring revenue from fans and now combines billing with publishing, community, commerce and discovery.[1][2][10]

Founded
2013[2]
Founders
Jack Conte and Sam Yam[2]
Chief executive
Jack Conte[1]
Based in
San Francisco, California
Last updated
21 Jul 2026

Patreon made recurring fan support into a practical business model for online creators. It is now building a larger platform around that payment relationship.

The first version let a fan pledge money whenever a creator released a song, video or other work. Patreon handled the recurring billing while creators offered early access, recognition or other benefits. The product gave independent creators a source of income that did not depend on advertising rates or a new crowdfunding campaign for every project.

Patreon now supports paid and free memberships, posts, podcasts, video, chats, digital products and ticketed livestreams. It also recommends creators to fans inside its network. The company says more than 300,000 creators use the service, more than 10 million fans pay for memberships each month and more than $10 billion has reached creators since 2013.[1][16]

Creators
300K+
Current company count[1]
Monthly paying fans
10M+
Current company count[1]
Sent to creators
$10B+
Cumulative since 2013[1]
Standard platform fee
10%
For newly published pages[8]

A music-video bill led to Patreon

Jack Conte was building an audience on YouTube as a solo musician and as one half of Pomplamoose. He spent about $10,000 producing the video for “Pedals,” then said one million views generated $166.10 in advertising income. The comparison showed the problem he wanted to solve: production costs arrived before an audience watched the work, and advertising income did not reliably finance the next release.[2]

Conte sketched Patreon in February 2013. Sam Yam, his former college roommate and a developer who had co-founded AdWhirl, built the product with him. They launched about three months later. Fans chose an amount to pay for each release and could set a monthly ceiling; Conte's own page offered early access, livestreams and direct interaction.[2][3]

Patreon raised $2.1 million in seed funding that year and a $15 million Series A in 2014. The original 5 percent platform fee helped establish a simple bargain: the service was cheap to start because Patreon earned money only when a creator did.[3][4]

Membership became the base of a larger platform

Patreon gradually moved from payments tied to each new release toward monthly membership. Creators could package ongoing access, archives, community and benefits into tiers, while fans received a continuing relationship rather than a reward attached to one project. Subscription billing, introduced in 2022, let eligible creators charge a member on the day they joined and on the same date each month.[9]

The October 2023 redesign expanded the product again. Free memberships gave interested fans a way to join before paying. Commerce added one-time digital sales. Chats, comments and a redesigned home experience created activity between billing events, while native podcast, video and livestream tools let more of the creator's work live on Patreon.[10][11][12]

Membership

Recurring revenue

Monthly and annual tiers, free membership and benefit delivery.

Publishing

Creator media

Posts, podcasts, video and archives for free or paying members.

Community

Retention

Chats, comments, livestreams and member profiles.

Commerce

One-time revenue

Digital products and ticketed online events.

Discovery

Audience growth

Recommendations, clips and public posts across the Patreon network.

Acquisitions filled specific product gaps. Subbable brought another subscription community in 2015. Memberful, acquired in 2018, continues to offer memberships on publishers' own sites. Moment added ticketed digital events in 2023; Patreon closed the standalone service in 2025 after moving its capabilities into the main platform.[5][6][7][11][12]

How Patreon makes money

Patreon takes a percentage of successfully processed memberships and one-time purchases. Creator pages published after 4 August 2025 use a standard 10 percent platform fee. Older pages can retain 5 percent, 8 percent or 11 percent pricing, depending on their plan history and whether they remain published.[8]

Payment processing, currency conversion and payout charges sit beside the platform fee. These costs matter most for low-priced memberships because a fixed processing charge consumes a larger share of the payment. Patreon also handles recurring billing, failed-payment recovery, tax collection in relevant markets and creator payouts across different countries.[8][13]

The company's public scale figures do not reveal Patreon's revenue. The $10 billion sent to creators spans its full history and several pricing plans, and it is measured after a range of payment routes and deductions. Patreon remains private and does not publish audited revenue or profit.

Growth and venture funding built a category leader

Patreon's scale has grown across several measures. It reported more than 200,000 creators in 2020, more than seven million patrons in 2021 and more than 250,000 active creators in 2022. By August 2025 it said the platform held more than 25 million paid membership relationships, and its current site reports more than 10 million individual fans paying for memberships each month.[14][15][16][1]

The company raised at least $411 million from its seed round through the Series F. A $90 million Series E in 2020 valued Patreon at a reported $1.2 billion. Seven months later, Tiger Global led a $155 million Series F at a $4 billion valuation. That figure records the price of a 2021 financing, when pandemic-era growth had strengthened the case for creator subscriptions.[3][4][17][18][14]

Jul 2019

Series D

$60M

Led by Glade Brook Capital

Sep 2020

Series E

$90M

Led by NEA and Wellington at a reported $1.2B valuation

Apr 2021

Series F

$155M

Led by Tiger Global at a $4B financing valuation

Changes to Patreon can change a creator's income

Patreon's position in the payment relationship makes pricing and policy decisions consequential. In December 2017, it proposed moving payment costs from creators to fans through a new service fee. Creators warned that the change would make small pledges uneconomic and cause cancellations. Patreon withdrew the plan before it took effect, and Conte acknowledged that the company had misunderstood how patrons supported several creators at once.[20][21]

The company faced a different reset after the pandemic funding boom. In September 2022, Patreon cut 80 jobs, about 17 percent of its staff, and closed its Berlin and Dublin offices. Conte said the company had increased spending and hiring around a growth path that no longer fit the economic environment, while product and engineering remained priorities.[19]

These episodes explain why predictability matters to Patreon's creators. A page can represent a creator's salary, production budget and direct connection with supporters. Product changes can add useful tools, but fee changes, billing rules and account decisions reach the business behind the page.

Patreon wants to help creators find fans

Patreon's original growth loop began elsewhere. A creator built an audience on YouTube, Instagram, a podcast app or another platform, then brought committed fans to Patreon. That gave Patreon a strong payment relationship without making it a major source of discovery.

Free memberships, public posts and recommendations now give the company a larger role in audience growth. In April 2026, Patreon extended its discovery network to most creators and told Axios that its network and discovery tools were sending more than one million new members to creators each month. The count includes free members, so it measures introductions rather than one million new paying customers.[22]

This strategy places Patreon closer to a media and community platform while preserving membership as its economic centre. The opportunity is to help creators publish, sell and grow without assembling several services. The operating challenge is to make internal discovery useful while keeping the direct creator-fan relationship more important than a recommendation feed.

Sources

22 named records

Numbers in the report link directly to the supporting source.

  1. 1
    PatreonPrimary · 21 Jul 2026
    The story of Patreon

    Current company identity and scale claims; figures are not independently audited.

  2. 2
    TechCrunchReported · 12 Feb 2019
    Patreon's origin story

    Founder interviews and reconstructed company history.

  3. 3
    TechCrunchReported · 12 Feb 2019
    Patreon is a business, not a charity

    Early financing and company history.

  4. 4
    TechCrunchReported · 23 Jun 2014
  5. 5
    Publishers WeeklyReported · 16 Mar 2015
  6. 6
    MemberfulCompany announcement · 8 Aug 2018
  7. 7
    MemberfulPrimary · 21 Jul 2026
    Memberful rebrand

    Current evidence that Memberful remains operating as a separate product.

  8. 8
    Patreon Help CenterPrimary · 19 Jul 2026
    Creator fees overview

    Current fee schedule; actual deductions vary by cohort, route, country and currency.

  9. 9
    PatreonCompany announcement · 26 Sept 2022
  10. 10
    PatreonCompany announcement · 4 Oct 2023
  11. 11
    PatreonCompany announcement · 17 Oct 2023
  12. 12
    Patreon Help CenterPrimary · 21 Jul 2026
    Moment and transitioning to Patreon

    Standalone closure and product migration.

  13. 13
    Patreon Help CenterPrimary · 21 Jul 2026
  14. 14
    PatreonCompany announcement · 7 Apr 2021
    The second renaissance is here

    Series F terms and historical scale claims.

  15. 15
    PatreonPrimary · 4 May 2022
    Patreon Creator Census

    Company survey of more than 13,000 earning creators; not a census of every page.

  16. 16
    AxiosReported · 5 Aug 2025
    Creators have earned $10 billion on Patreon

    Management interview and company-supplied operating figures.

  17. 17
    PatreonCompany announcement · 16 Jul 2019
  18. 18
    AxiosReported · 2 Sept 2020
  19. 19
    PatreonCompany announcement · 13 Sept 2022
    A note from Jack

    CEO explanation of the 2022 restructuring.

  20. 20
    TechCrunchReported · 7 Dec 2017
  21. 21
    CBS NewsReported · 13 Dec 2017
  22. 22
    AxiosReported · 28 Apr 2026
    Patreon expands discovery network

    Company-supplied rollout and acquisition metrics.