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# Patreon Raises $60M More For Fan-To-Creator Patronage Platform
- URL: https://www.hypebot.com/patreon-raises-60-million/
- Published: 2017-09-19T14:51:35.000Z
- Updated: 2017-09-19T14:51:35.000Z
- Description: Patreon has raised an additional $60Million to expand its fan-to-creator patronage site. The popular platform is led by entrepreneur and musician Jack Conte, half of the duo Pomplamoose.
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Tech, Startups & Funding, YouTube & Video, Aba, Abia, Adolf Hitler, All England Lawn Tennis and Croquet Club, Assault, Board of directors, business, Chain store, Community centre, Construction, Davao City, #wp, #wp-post, #Import 2026-01-21 10:05

[![Patreon New](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c921a1c2970b-150wi "Patreon New")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c921a1c2970b-popup?ref=hypebot.com)Patreon has raised an additional $60Million to expand its fan-to-creator patronage site. The popular platform is led by entrepreneur and musician Jack Conte, half of the duo Pomplamoose.

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[![Jack Conte](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c921a17e970b-350wi "Jack Conte") ](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c921a17e970b-popup?ref=hypebot.com)[ ](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c921a17e970b-popup?ref=hypebot.com) 

Jack Conte

Patreon has raised an additional $60 million in a round led by Thrive Capital along with returning investors Index, CRV, Freestyle Capital and new investor DFJ Growth. The company has raised $107 million to date, and is estimated to be valued at more than $400 million.

Based on old-school patronage, Patreon enables fans and sponsors to support musicians and other creators. Patrons pledge to support creators on a recurring basis for each work created. This year, the company says it is on track to enable $150 million in contributions from one million fans to 50,000 creators. Many creators are doing well on Patreon, with YouTube based artists and other vloggers dominating top earners.**Amanda Palmer Earns $38,194 Per "Thing"**  
Patreon's #3 earner, musician and artist [Amanda Palmer,](https://www.patreon.com/amandapalmer?ref=hypebot.com) earns $38,194 per "thing" – a video, poem, song, etc – shared first and often exclusively with her 11,000+ Patreon fans. Founder Conte's own duo with his wife, [Pamplamouse](https://www.patreon.com/pomplamoose?ref=hypebot.com), collects $3783 per new song or video from its 1428 subscribers.  
Not every creator does that well, of course. A survey of stats on Patreon tracker [Grapheon](https://graphtreon.com/?ref=hypebot.com) shows that somewhere between 100 and 200 music based creators are earning $2000 a month or more. Singer and songwriter [Heatherlyn](https://www.patreon.com/heatherlynmusic?ref=hypebot.com) earns just $349 per month from 24 patrons. But for an independent musician, each small source of income contributes to keeping their dreams afloat.