When was Patch founded?

Patch was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Patch located?

Patch is headquartered in San Francisco, United States.

How many employees does Patch have?

As of Mar 31, 2026, the latest employee count at Patch is 100.

Is Patch a funded company?

Patch is a funded company, having raised a total of $80.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 24, 2021.

When was the latest funding round of Patch?

Patch's latest funding was a $***** Series B round on Sep 13, 2022, with participation from 14 investors.

Where does Patch rank among its competitors?

Patch ranks 32nd amongst 618 active competitors, of which 118 are funded. It stands 4th in terms of total funding among its competitors.

Who are the top competitors of Patch?

Patch's top competitors include Watershed, CoGo and CarbonChain. Among them, Patch secured the most recent funding round in September, 2022.

Patch - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of solutions to offset the carbon footprint. It provides a platform to manage a carbon removal portfolio and an easy-to-use dashboard. It provides solutions for e-commerce, travel, logistics, and other industries.

Website: www.patch.io/
Social
Email ID: *****@patch.io

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Series B

Total Funding

$80.2M in 4 rounds

Latest Funding Round

Series B, Sep 13, 2022, $*****

Investors

Andreessen Horowitz & 20 more

Ranked

32^nd among 618 active competitors

Employee Count

100 as on Mar 31, 2026

Similar Companies

Watershed & 709 more

View Patch's full profile

Patch is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Patch Technologies, Inc CIN: 850715359 , United States, Active	Mar 05, 2021	-	42 (As on Dec 31, 2024)	-

Patch has raised a total funding of $80.2M over 4 rounds. Its first funding round was on Feb 24, 2021. Its latest funding round was a Series B round on Sep 13, 2022 for $*****. 14 investors participated in its latest round. Patch has 19 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Patch:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 13, 2022	3040846	Series B	5614821	2388015	8546491	9832018
Sep 21, 2021	3182244	Series A	8957809	1587782	9314805	Andreessen Horowitz & 2 more
2021	8033	Seed	9328	9592	2887	EQT

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View details of Patch's funding rounds and investors

The founders of Patch are Aaron Grunfeld and Brennan Spellacy. Brennan Spellacy is the CEO of Patch.

Here are the details of Patch's key team members:

Aaron Grunfeld: Co Founder of Patch and founder of 1 other company.
Contact Info: 2 email addresses
Brennan Spellacy: Co-Founder & CEO of Patch.
Contact Info: 1 email address

View details of Patch's Founder profiles and Board Members

Patch's employee count trend

Patch has 100 employees as of Mar 26. Here is Patch's employee count trend over the years:

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Top competitors of Patch include Watershed, CoGo and CarbonChain. Here is the list of Top 10 competitors of Patch, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Watershed 2019, San Francisco (United States), Series C	Provider of platform for enterprise sustainability programs, measurement, reporting, and action	$170M	Kleiner Perkins, Sequoia Capital & 8 others	75/100
2nd	CoGo 2010, Wellington (New Zealand), Series A	Online platform offering carbon footprint solutions	$26.3M	New Zealand Growth Capital Partners, Icehouse Ventures ... & 14 others	67/100
3rd	CarbonChain 2019, London (United Kingdom), Series A	Online platform offering carbon accounting solutions	$24.2M	Union Square Ventures, Y Combinator & 12 others	61/100
4th	Carbon Direct 2019, New York City (United States), Series C	Provider of science-backed carbon management solutions. This company offers advisory services leveraging expertise in science, data, and policy to guide clients through their climate journey. They also provide access to high-quality carbon removal credits from various sources, and a software platform for carbon footprint analysis, reduction strategies, and removal portfolio management. The firm assists clients in achieving their climate goals through a combination of emission reduction and removal strategies.	$60.8M	Decarbonization Partners, KI capital & 2 others	61/100
5th	Doconomy 2018, Stockholm (Sweden), Series B	Commercial impact data for individuals and businesses	$72.8M	CommerzVentures, UBS & 13 others	59/100
6th	Cleartrace 2017, Austin (United States), Series B	Cloud-based platform to track and manage carbon footprint	$25.7M	ClearSky, Clean Energy Ventures & 9 others	59/100
7th	Tanso 2020, Munich (Germany), Series A	Provider of sustainability software for CO2 accounting and CSRD reporting	$22.9M	Capnamic Ventures, Fortino Capital & 5 others	59/100
8th	Sweep 2020, Mauguio (France), Series B	SaaS based platform to reduce carbon emissions in business and value chain	$100M	Coatue, Balderton Capital & 7 others	58/100
9th	Normative 2014, Stockholm (Sweden), Series B	SaaS-based platform to measure sustainability performance	$45.4M	2150.VC, Blume Equity & 12 others	58/100
10th	Qarnot 2010, Montrouge (France), Acquired	Provider of Cloud-based radiator-computer that produces free and eco-friendly heat sourced from IT processors	$24.7M	A/O PropTech, Societe Generale & 14 others	57/100
32nd	Patch 2020, San Francisco (United States), Series B	Provider of solutions to offset the carbon footprint	$80.2M	GIC, Coatue & 19 others	49/100