Announced
Completed
Financials
Sources
Tags
social platform
Domestic
Friendly
United States
Venture Capital
Minority
Single Bidder
Acquisition
Completed
Online and Social Platforms
Private
Private Equity
Synopsis
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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