Patch of Land Overview
- Founded
-
2013

- Status
-
Acquired/Merged
- Employees
-
46

- Latest Deal Type
-
M&A
Patch of Land General Information
Description
Developer of a real estate crowdfunding platform designed to offer real estate investment and lending services. The company's platform provides access to crowdfunded real estate rental investment services and also originates, underwrites and completes due diligence on the real estate projects listed on their platform, enabling individual and institutional investors to participate in private real estate projects with low minimum investments, predictable returns and first-lien secured loans.
Contact Information
Primary Industry
Consumer Finance
Acquirer
Cloverhill Funding LLC
Primary Office
- 15000 Ventura Boulevard
- Suite 300
- Sherman Oaks, CA 91403
- United States
Patch of Land Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 29-Jul-2021 | 00000 | Completed | Generating Revenue | ||
6. Secondary Transaction - Private | 00000 | Completed | Generating Revenue | |||
5. Debt - PPP | 13-Apr-2020 | 00000 | 00000 | Completed | Generating Revenue | |
4. Later Stage VC (Series B) | 01-Jul-2019 | 0000 | 00000 | 0000 | Completed | Generating Revenue |
3. Early Stage VC | 19-Dec-2017 | 00000 | 00000 | Completed | Generating Revenue | |
2. Early Stage VC (Series A) | 07-Apr-2015 | $23.6M | $31.1M | Completed | Generating Revenue | |
1. Early Stage VC | 22-Sep-2014 | $7.51M | $7.51M | Completed | Startup |
Patch of Land Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | 0,000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | |
Series A | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Patch of Land Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a real estate crowdfunding platform designed to offer real estate investment and lending services. The comp
Consumer Finance
Sherman Oaks, CA
46
As of 2022
00000
000000&0
00000
Patch of Land Competitors (28)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
RealCrowd | Venture Capital-Backed | Palo Alto, CA | 00 | 00.000 | 000000000 | 00.000 |
00000000 | Venture Capital-Backed | Washington, DC | 000 | 00000 | 00000000000 | 00000 |
0000000000 | Venture Capital-Backed | TX | 000 | 00000 | 0000000000 0 | 00000 |
00000000 | Venture Capital-Backed | New York, NY | 00 | 00.00 | 0000000000 0 | 00.00 |
000000000 | Formerly VC-backed | Irvine, CA | 000 | 000.00 | 000000&0 | 000.00 |
Patch of Land Executive Team (21)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Robert Greenberg | Chief Marketing and Technology Officer | ||
Mark Lande | Advisor |
Patch of Land Signals
Patch of Land Former Investors (12)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Catalus Capital Management | PE/Buyout | Minority | 000 0000 | 000000 0 | |
Evan Kraut | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Evan Wang | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Heritage Capital Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Inspire Global Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Patch of Land Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
000000 ( 0000 | 09-Nov-2015 | 0000000000 | Financial Software | 00000 000 |