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Announced

Completed

Tiger Global Management led a $155m Series F round in Patreon.

Financials

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Transaction Value£112m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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social platform

Domestic

Friendly

United States

Venture Capital

Minority

Single Bidder

Acquisition

Completed

Online and Social Platforms

Private

Private Equity

Synopsis

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Tiger Global Management led a $155m Series F round in Patreon, a platform for creators and their most passionate fans, with participation from Woodline Partners, Wellington Management, Lone Pine Capital, New Enterprise Associates, Glade Brook Capital, and DFJ Growth. Patreon plans to use the additional funds to accelerate its progress on the initiatives identified in its Series E announcement, including enhanced creator and fan experiences on both desktop and mobile; International expansion; and new content consumption tools. The financing also allows Patreon to explore potential acquisitions to further expand its talent and product capabilities.

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