OnlyFans declined to comment for this story.īy the numbers: Any other company with growth like OnlyFans would be able to raise big money in a matter of minutes.The money it's hoping to raise would partially cash out majority owner and porn mogul Leo Radivinsky, while providing management with what one venture capitalist calls "more legitimacy.".Several deep-pocketed firms quickly passed, not even engaging in serious due diligence.The Raine Group, a merchant bank focused on tech and telecom, this past spring began helping OnlyFans to solicit investors.OnlyFans remains in market, seeking what a source close to the company refers to as a "strategic partner."
OnlyFans, the online creator platform known for its adult content, is struggling to find outside investors, according to multiple sources.īetween the lines: Sex sells, based on company financials leaked to Axios, but it also scares off venture capitalists.
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