OnlyFans has agreed to sell a minority stake to private investment firm Architect Capital in a transaction that values the adult subscription platform at approximately $3.15bn, according to a Wall Street Journal report.
Under the terms of the deal, San Francisco-based Architect Capital will invest around $535 million for a 16% equity stake in the company. The agreement was reportedly finalised and disclosed on Friday.
Both Architect Capital and OnlyFans reportedly declined to comment when approached.
Earlier reporting from Reuters in January indicated that Architect Capital had been in exclusive negotiations to acquire a significantly larger position in the business, potentially as much as a 60% stake in the creator platform.
Founded in 2020, Architect Capital is a multi-strategy investment firm with a mandate spanning private equity, credit, venture capital and structured finance across global markets.
OnlyFans has grown into one of the most recognisable social media subscription platforms globally, gaining substantial traction during the pandemic. It is widely known for its creator monetisation model, particularly in adult content, where users pay subscription fees for access.
The company’s long-time owner, Leonid Radvinsky, died in March at the age of 43 following an illness. Under his ownership, OnlyFans transitioned into a fully adult-focused platform and has since surpassed $1bn in annual revenues.
