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Home Business & Finance Patreon triples valuation to $4 billion in new raise – TechCrunch

Patreon triples valuation to $4 billion in new raise – TechCrunch

Document Analysis NLP IA

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Summary (IA Generated)

Patreon has tripled its valuation to $4 billion in a $155 million funding round led by Tiger Global, the company confirmed to the Wall Street Journal on Tuesday.

The creator payments space has seen a multitude of new entrants in recent months but the eight-year-old Patreon has already built up an extensive network.

In a blog post last year, Patreon noted that more than 30,000 creators signed up for the service in the first weeks of March 2020.


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