Patch Overview
- Year Founded
-
2020
- Status
-
Private
- Employees
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93
- Latest Deal Type
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Series B
- Latest Deal Amount
-
$55M
- Investors
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33
Patch General Information
Description
Developer of a climate-focused carbon management platform designed to help organizations build and execute effective carbon credit strategies. The company's platform offers AI-powered portfolio management, access to carbon credits, data-backed diligence, transaction centralization, monitoring and reporting tools, and expert guidance, enabling sustainability leaders and corporations to implement credible, transparent, and efficient climate action programs.
Contact Information
Website
www.patch.ioCorporate Office
- 249 Hickory Street
- San Francisco, CA 94102
- United States
Corporate Office
- 249 Hickory Street
- San Francisco, CA 94102
- United States
Patch Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Early Stage VC (Series B) | 13-Sep-2022 | $55M | Completed | Generating Revenue | ||
| 6. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 21-Sep-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 24-Feb-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 17-Sep-2020 | Completed | Startup | |||
| 2. Accelerator/Incubator | Completed | Startup | ||||
| 1. Accelerator/Incubator | Completed | Startup |
Patch Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 1,301,183 | $0.000010 | 6% | $0.52 | $0.52 | 1x | $0.52 | 6.57% |
| Seed-1 | 2,682,397 | $0.000010 | 6% | $1.68 | $1.68 | 1x | $1.68 | 13.54% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Patch Comparisons
Industry
Financing
Details
Patch Competitors (5)
One of Patch’s 5 competitors is ClimateSeed, a Private Equity-Backed company based in Paris, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ClimateSeed | Private Equity-Backed | Paris, France | ||||
| Sylvera | Venture Capital-Backed | London, United Kingdom | ||||
| Cloverly | Venture Capital-Backed | Atlanta, GA | ||||
| CarbonClick | Venture Capital-Backed | Auckland, New Zealand | ||||
| Pachama | Formerly VC-backed | San Francisco, CA |
Patch Patents
Patch Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210287772-A1 | Device for tracking medication adherence | Inactive | 16-Mar-2020 | ||
| US-20200390656-A1 | Apparatus for dispensing pills | Inactive | 15-Jun-2019 |
Patch Signals
Patch Investors (33)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AENU | Impact Investing | Minority | ||
| Angel (individual) | Minority | |||
| B Capital Group | Venture Capital | Minority | ||
| Contrary (San Francisco) | Venture Capital | Minority | ||
| Energize Capital (Chicago) | Venture Capital | Minority |
Patch FAQs
-
When was Patch founded?
Patch was founded in 2020.
-
Where is Patch headquartered?
Patch is headquartered in San Francisco, CA.
-
What is the size of Patch?
Patch has 93 total employees.
-
What industry is Patch in?
Patch’s primary industry is Environmental Services (B2B).
-
Is Patch a private or public company?
Patch is a Private company.
-
What is Patch’s current revenue?
The current revenue for Patch is .
-
How much funding has Patch raised over time?
Patch has raised $81.5M.
-
Who are Patch’s investors?
AENU, , B Capital Group, Contrary (San Francisco), and Energize Capital (Chicago) are 5 of 33 investors who have invested in Patch.
-
Who are Patch’s competitors?
ClimateSeed, Sylvera, Cloverly, CarbonClick, and Pachama are competitors of Patch.
Data Transparency
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