# Patreon

Patreon is an Asset Manager based in San Francisco, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** patreon.com
- **LinkedIn:** https://www.linkedin.com/company/patreon

## Regulatory record

- **Reports private funds:** No

## About

Build a community, share exclusive work, and turn your passion into a thriving business with Patreon. Get started today!

## Sectors

- Media & Entertainment
- Enterprise Software

## People

- Jack Conte — Co-founder & CEO
- Sam Yam — Co-founder & CTO

## Questions

### Who runs investment decisions at Patreon?

Patreon is an operating company, not an investment firm. Jack Conte serves as CEO and Sam Yam as CTO; they make strategic and capital allocation decisions for the business but do not manage external capital. The firm's financial operations focus on platform payment flows and compensation, not portfolio construction.

### How does Patreon generate revenue, and what is its relationship to institutional capital?

Patreon generates revenue by taking a commission — historically 5% to 12% — on the recurring subscription payments creators receive from their patrons. It does not manage outside money or invest on behalf of partners. The company itself is venture-backed, having raised approximately $413 million from firms including Thrive Capital, Index Ventures, and Tiger Global, with a $4 billion valuation at its 2021 Series E.

### What structural risk does Patreon carry as a platform business?

Patreon's primary structural risk is creator concentration and platform dependency. A small number of high-earning creators drive a disproportionate share of transaction volume, while the broader creator base is sensitive to fee changes and content policy shifts. The firm's decision to function as a neutral infrastructure provider reduces moderation exposure but limits its ability to differentiate on content quality.

## Related profiles

- [Harmonic Capital Partners](https://altss.com/profile/harmonic-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/patreon

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