Patreon Announces $60 Million Funding Round, With Participation From Creators Hannibal Buress, Serj Tankian

Patreon, the platform that enables creators of every stripe -- podcasters, vloggers, musicians, illustrators, and beyond -- to monetize their works via fan subscriptions, has substantially added to its funding coffers.

The six-year-old company has raised $60 million, it announced today. The Series D brings total funds raised by Patreon to $166 million. Patreon declined to comment on its valuation in light of the new funds.

This round is special, wrote founder and CEO Jack Conte in a blog post announcing the raise, because it marks the first time that creators are investing in Patreon alongside traditional Vc firms, including musician Serj Tankian and comedian Hannibal Buress.. They join Glade Brook Capital (which led the round) as well as returning investors Thrive Capital, Initialized, Index Ventures, Dfj, Freestyle Capital, Charles River Ventures, and Otherwise.

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