Patreon raises $60M Series C for creator-led subscription

Discussion in 'Wall St. News' started by dealmaker, Sep 20, 2017.

  1. dealmaker

    dealmaker

    Patreon raises $60M Series C for creator-led subscription
    Subscription-focused crowdfunding site Patreon announced Tuesday that it has raised a $60 million Series C round of funding. The company wants to use the cash infusion to further build out its platform, grow its staff and target new markets around the world. Patreon’s pitch to podcasters, musicians and other creators has been its ability to unlock alternative revenue streams through subscriptions and recurring patronage. (Variety)