Patreon now has 3 million supporters onboard, the membership platform said on Wednesday. This number is a 50 percent increase from last year's supporter count of 2 million patrons.
Currently, it has over 100,000 content creators that seek funding from supporters.
Patreon Reaches A Milestone
Patreon announced last year that it already had 2 million supporters, also called patrons. Growth seems to be quick for the platform, as it now acquired an additional 1 million patrons in just one year, bringing the total number of supporters to 3 million.
The company also announced in a blog that this year alone, it aims to fund half a billion dollars for its creators' membership business. This will bring Patreon's total payout to $1 billion since it started almost six years ago in 2013.
It also targets to continue its year-over-year trend of almost doubling the amount of money sent to creators, which is indeed good news for those who use the platform to earn revenues through donations from millions of patrons that support their content.
In addition, Patreon is also working on new features and services, one of which will help creators sell their merch the hassle-free way.
"In 2019 we'll introduce new features and services to better serve creators at every stage of their journey. We're also developing a merch solution to take care of all the busywork involved in sending out physical benefits to your patrons; we're excited to launch that later this year," the company said.
Patreon was cofounded by Jack Conte, a musician and YouTuber, with the goal of finding ways to let his fans donate money for his online content.
Since its inception, Patreon has been helping content creators such as musicians, podcasters, illustrators, writers, and other independent creators monetize their work. The membership platform lets them offer subscription services to their supporters, who in turn donate funds for special content and other perks.