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INTERNET | Internet Software & Services / Social
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Founded Year

2013

Stage

Series F | Alive

Total Raised

$412.1M

Valuation

$0000 

Last Raised

$155M | 4 mos ago

Revenue

$0000 

About Patreon

Patreon is a creator-founded membership platform that helps creators change the way their art is valued through a direct relationship with their fans.

Patreon Headquarter Location

600 Townsend Street Suite 500

San Francisco, California, 94103,

United States

833-972-8766

Latest Patreon News

In A Post #BlackTikTokStrike World, Creators Of Color Have A Home At TipSnaps, The First Black-owned Creator Platform

Jul 22, 2021

In A Post #BlackTikTokStrike World, Creators Of Color Have A Home At TipSnaps, The First Black-owned Creator Platform NEW YORK, July 22, 2021 /PRNewswire/ -- TipSnaps, the Black-Owned alternative to OnlyFans and Patreon, is in the vanguard of a new era in Creator Monetization. Author: Jul 22, 2021 10:33 AM EDT NEW YORK, July 22, 2021 /PRNewswire/ -- TipSnaps, the Black-Owned alternative to OnlyFans and Patreon, is in the vanguard of a new era in Creator Monetization. With #BlackTikTokStrike sending shockwaves through the online landscape, it is clear that Black and Brown creators feel disrespected and underserved by current platforms. These creatives are the beating heart of all social media, and they are looking for a service that understands their unique challenges. TipSnaps offers a Black-owned alternative to current creator monetization platforms, providing a home that promises creators more equity and support. TipSnaps is the brainchild of CEO and Founder Lyonel Dougé . Lyonel foresaw the eventual democratization of social media, and in 2017 founded TipSnaps under the credo "Everyone is a Creator". TipSnaps is a passion project for Lyonel, who maintained a fulltime job at Johnson and Johnson while devoting his nights and weekends to TipSnaps. This dedication allowed Lyonel to bootstrap TipSnaps to immediate prominence, rapidly expanding the user base to a massive 150,000 registered users with $600,000 in creator payouts by 2018. Even with TipSnaps proving itself to be a dynamic force in the Creator Economy, as a Black founder in Tech, Lyonel struggled to find investment and a support network. However, Lyonel remained undaunted, and by 2020 TipSnaps had grown to 425,000 registered users with an astonishing $2,000,000 in creator payouts. After a fortunate meeting with the founders of @Rackspace, TipSnaps secured a round of pre-seed investment that furthered the mission of perfecting a platform that brings equity to underserved creators. In 2021, Dr. Vic Boddie  joined the TipSnaps team as Co-Founder and COO. After receiving his PhD from HBCU Howard University, Vic spent 8 years in the public sector before joining TipSnaps. He brings a singular focus on diversifying social media, and under his leadership TipSnaps has implemented strategies that have brought Black and Brown creators equity in their own endeavors. TipSnaps offers one of the most competitive fee structures in the market, only charging creators a 10% fee. This low fee ensures that creators in underserved fields such as Hair and Beauty, Comedy, Culinary Arts, and Fitness move away from competing platforms to ensure their financial well-being. TipSnaps is committed to the belief that the Creator Economy has the potential to dramatically shift racial and gender wealth gaps, but only if platforms understand the needs of the community. TipSnaps, as the only platform FOR Creators of Color BY Creators of Color, will continue to monetize these essential creators, and remain a home for Black and Brown creatives for years to come. View original content to download multimedia: https://www.prnewswire.com/news-releases/in-a-post-blacktiktokstrike-world-creators-of-color-have-a-home-at-tipsnaps-the-first-black-owned-creator-platform-301339100.html SOURCE TipSnaps.com

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Patreon

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Patreon in 3 CB Insights research briefs, most recently on Jul 1, 2021.

Expert Collections containing Patreon

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Patreon is included in 4 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

C

Charity Tech

108 items

U

Unicorns- Billion Dollar Startups

771 items

I

Influencer & Content Creator Tech

170 items

Companies that serve independent creators who want to monetize their own work, from content creation tools to administrative back-end platforms to financing solutions.

Patreon Patents

Patreon has filed 10 patents.

The 3 most popular patent topics include:

  • Digital media
  • Social networking services
  • Augmented reality
patents chart

Application Date

Grant Date

Title

Related Topics

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3/23/2020

3/2/2021

Rotating disc computer storage media, Digital media, Social networking services, Video on demand services, Social media

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3/23/2020

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3/2/2021

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Rotating disc computer storage media, Digital media, Social networking services, Video on demand services, Social media

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Page Views per Million (PVPM)
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