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.

Who is the current CEO of Patch?

Brennan Spellacy of Patch. They have also founded 1 company.

How many employees does Patch have?

As of Apr 30, 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 33rd amongst 682 active competitors, of which 141 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Watershed, which secured $14.5M in Dec, 2025.

Who are the top competitors of Patch?

Patch's top competitors include Watershed, EcoVadis and CoGo. Among them, Watershed secured the most recent funding round in December, 2025.

Patch - 2026 Company Profile, Team, Funding & Competitors

Patch is a series B company based in San Francisco (United States), founded in 2020 by Aaron Grunfeld and Brennan Spellacy. It operates as a Provider of solutions to offset the carbon footprint. Patch has raised $80.2M in funding from investors like Andreessen Horowitz, Coatue and Energize Capital. The company has 682 active competitors, including 141 funded and 23 that have exited. Its top competitors include companies like Watershed, EcoVadis and CoGo.

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 & 21 more

Ranked

33^rd among 682 active competitors

Employee Count

100 as on Apr 30, 2026

Similar Companies

Watershed & 707 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 3 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	8800064	Series B	5314528	7455765	5583666	6240441
Sep 21, 2021	1998912	Series A	5220686	2093162	1508360	Andreessen Horowitz & 2 more
2021	5949	Seed	1081	9591	7457	EQT

Access funding benchmarks and valuations. Sign up today!

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 Apr 26. Here is Patch's employee count trend over the years:

Uncover Patch's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Patch include Watershed, EcoVadis and CoGo. 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	$185M	Sequoia Capital, Kleiner Perkins & 11 others	74/100
2nd	EcoVadis 2007, Paris (France), Acquired	Provider of supply chain sustainability risk assessment and management platform	$732M	Bain & Company, BeyondNetZero & 10 others	72/100
3rd	CoGo 2010, Wellington (New Zealand), Series A	Online platform offering carbon footprint solutions	$34.3M	Soul Capital, New Zealand Growth Capital Partners ... & 14 others	69/100
4th	Plan A 2017, Berlin (Germany), Acquired	Provider of carbon accounting, decarbonisation, and corporate social responsibility reporting software	$40M	Demeter, Keen Venture Partners & 11 others	65/100
5th	WiredScore 2013, New York City (United States), Series B	Provider of certification standards for technology and connectivity in the built environment	$28M	Fifth Wall, ProVen VCT & 15 others	63/100
6th	ZeroNorth 2014, Copenhagen (Denmark), Series B	Provider of platform for voyage, vessel, and bunker optimisation services	$60.5M	PSG, Crosslink Capital & 7 others	63/100
7th	Electricity Maps 2016, Copenhagen (Denmark), Series A	Online platform offering electricity carbon data	$5.38M	Transition, Revent	62/100
8th	Tanso 2020, Munich (Germany), Series A	Provider of sustainability software for CO2 accounting and CSRD reporting	$22.9M	henQ, Fortino Capital & 5 others	62/100
9th	Accacia 2022, Gurugram (India), Seed	Provider of platform for real estate decarbonization with climate-grade products	$9M	Accel, Illuminate Financial & 14 others	61/100
10th	Minimum 2020, London (United Kingdom), Acquired	Developer of software for managing environmental data and carbon inventories	$2.75M	Octopus Ventures, Y Combinator & 13 others	61/100
33rd	Patch 2020, San Francisco (United States), Series B	Provider of solutions to offset the carbon footprint	$80.2M	GIC, B Capital & 20 others	49/100