Patreon is an online platform connecting musicians and other artists with their fan base. Patreon is a membership platform that makes it easy for artists and creators to get paid. 200,000+ creators use the platform earning salaries from over US$4M monthly.
Patreon is a membership platform that provides business tools for content creators to run a subscription service. It helps creators and artists earn a monthly income by providing rewards and perks to their subscribers.It helps creators and artists earn a monthly income by providing rewards and perks to their subscribers. Patreon charges a commission of 5% to 12% of creators’ monthly income, in addition to payment processing fees.
Patreon is used by YouTube videographers, webcomic artists, writers, podcasters, musicians, adult content creators and other categories of creators who post regularly online. It allows artists to receive funding directly from their fans, or patrons, on a recurring basis or per work of art.
These content creators set up a page on the Patreon website, where patrons can choose to pay a fixed amount to a creator on a monthly basis.
Unicorns Companies on the PrimaryMarkets Platform:
- USA based Companies with an estimated market capitalisation in excess of US$1B.
- Trading in these securities entails compliance with USA regimes such as FINRA and SEC as well as possible ROFR (Right Of First Refusal) imposed by many Unicorns.
- All Traders must be Sophisticated, Professional, Institutional, Accredited Investors.
- Minimum trade size US$250,000
Total Funding (as of June 2021) – US$413.3M
Last funding round (April 2021) – US$155M (Series F)
Enterprise Value US$5.4B