The round was led by new investor Tiger Global Management, with participation from Woodline Partners and existing investors Wellington Management, Lone Pine Capital, New Enterprise Associates (NEA), Glade Brook Capital, and DFJ Growth. This investment comes as the number of creators continues to increase worldwide along with their desire to create deeper connections with their fans. The additional investment increases Patreon's valuation to $4 billion.

Co-founded in 2013 by YouTube star Jack Conte and Sam Yam, Patreon is a membership platform that connects creators and their most passionate fans. Spearheading the creator economy, Patreon's 200,000+ creators have connected with more than 7 million fans on Patreon and creators have earned more than $2 billion since the company's inception. Creators of all types - from podcast, video, music, visual arts, gaming and more - use Patreon to share exclusive content, monetize their craft, and engage directly with their biggest fans via content and community. For more information about the company, visit: https://www.patreon.com/