About Patron
Patron is a venture capital firm founded in 2021. It is primarily based out of Santa Monica, United States. As of Nov 2025, Patron is an active investor, having invested in 12 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and Enterprise Applications. Most recently it participated in the $***** Series A round of Flint A lot of funds co-invest with Patron, with names like Ryan Spoon sharing a substantial percentage of its portfolio. Patron has team of 5 people including 3 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Patron's List of Top Investments
Patron has a portfolio of 12 companies. Their most notable investments are in Tonic and Kudos.Their portfolio spans across United States, Israel and Nicaragua. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 8 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Patron:
1. SweatPals
Online community platform for fitness activities. It provides tools for instructors to schedule sessions, manage payments, and reach participants. The platform allows participants to discover and book fitness experiences. It offers features for community building and engagement between instructors and participants.
Key facts about SweatPals
- Founded Year: 2022
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $20.3M
- Investors: Andreessen Horowitz, HartBeat Ventures and 10 Others
- Latest Funding Round: Series A, May 01, 2025, $*****
- Highlight: Editors' Pick
2. Tonic Music
Online platform for practicing music and connecting with musicians. It enables musicians to practice and share their work-in-progress. It offers features such as practice tracking, community feedback hours, and studios for users to connect and collaborate with other musicians.
Key facts about Tonic Music
- Founded Year: 2021
- Location: United States
- Stage: Funding Raised
- Employee Count: 86 as on Dec 31, 2022
- Investors: Cherubic Ventures and Patron
Developer of AI-powered spreadsheet intelligence tools for data modeling and analysis. It builds systems for agentic reasoning and multi-agent collaboration. The company's technology applies to spreadsheet intelligence, functioning as an AI-powered analyst. It turns raw data into models, answers spreadsheet questions, and runs parallel simulations.
Key facts about Fundamental Research Labs
- Stage: Series A
- Total Funding till date: $44.1M
- Investors: Prosus, Andreessen Horowitz and 3 Others
- Latest Funding Round: Series A, Jan 21, 2025, $*****
4. Kudos
Online platform offering cashback for multi-category products and services. It allows users to add card to the platform and pay online to avail of cashback rewards. Its mobile app is available for iOS users.
Key facts about Kudos
- Founded Year: 2021
- Location: Remote (United States)
- Stage: Series A
- Total Funding till date: $40.4M
- Employee Count: 24 as on Jan 05, 2026
- Investors: SV Angel, Samsung NEXT and 9 Others
- Latest Funding Round: Series A, May 17, 2024, $*****
- Highlight: Editors' Pick
Developer of a blockchain-based fantasy basketball platform. It enables users to build their own team of basketball players. It also allows users to compete in tournaments to win rewards.
Key facts about Fast Break Labs
- Founded Year: 2021
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $6M
- Employee Count: 6 as on Dec 31, 2022
- Investors: Blue Pool Capital, South Park Commons and 12 Others
- Latest Funding Round: Seed, Feb 23, 2022, $*****
Patron's Year-on-Year Investment Trends
Patron has invested in 12 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 3 investments. Its most recent first time investment was in Flint and most recent follow-on round was in Arya.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 0 | 3 |
2024 | 2 | 2 | 4 |
2023 | 2 | 0 | 2 |
2022 | 3 | 0 | 3 |
Patron's Investments by Stage
Patron has made 8 investments in Seed stage with an average round size of $6.48M and 2 investments in Series A stage with an average round size of $16.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Series A | 2 |
Note: We have considered here, only first round of investments
Patron's Investments by Sector
Patron has a diverse portfolio, with companies operating in the FinTech, High Tech, Blockchain - Industry Applications, Blockchain Technology and Enterprise Applications. Notably, it has invested in 9 Tech companies, 5 Consumer (B2C) companies, 5 Enterprise (B2B) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 4 |
High Tech | 4 |
Blockchain - Industry Applications | 3 |
Blockchain Technology | 3 |
Enterprise Applications | 3 |
Others | 9 |
Note: We have considered here, only first round of investments
Patron's Investments by Geography
Patron has made most investments in United States (8), followed by Israel where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 8 |
Israel | 1 |
Nicaragua | 1 |
Note: We have considered here, only first round of investments
Patron's recent investments
Patron has not made any investment in 2026 so far.Here are the most recent investments by Patron:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 06, 2025 | United States | Series A | 4018 | [+4] | |
Oct 16, 2025 | United States | Seed | 6150 | [+7] | |
May 01, 2025 | United States | Series A | 7765 | [+3] | |
Dec 17, 2024 | United States | Series A | 5177 | [+2] | |
Jun 13, 2024 | United States | Seed | 9409 | [+5] |
Team profile of Patron
Patron has a team of 5 members including 3 Partners located in United States. Patron's team does not sit on the board of any company as of now.Here is a list of all team members in Patron:
Co-investors of Patron
Over the past 4 years, 95 investors have co-invested in Patron's portfolio companies. This includes funds and angels.
- Invested before Patron: Andreessen Horowitz, Pear VC and 16 others have invested in rounds before Patron. There are 2 companies where Andreessen Horowitz has invested before Patron and 1 company where Pear VC has invested before Patron.
- Top Co-investors of Patron: 69 investors entered a company along with Patron. These include investors like Ryan Spoon (2 companies).
- Invested after Patron: A total of 8 investors have invested in Patron's portfolio after their investments. Top Investors include Prosus (1 company), Patrick Collison (1 company) and Brian Kelly (1 company).
Recent News related to Patron
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Flint Raises $15M Series A to Personalize Learning for the AI-Native Generationaccessnewswire.com•Nov 06, 2025•Patron, Flint, AME Cloud Ventures, Basis Set Ventures and 12 others
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Hippocratic AI Valued at $3.5 Billion in Series C RoundTeleborsa•Nov 04, 2025•Premji Invest, Hippocratic AI, WellSpan, Cincinnati Children’s and 19 others
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Social Fitness Platform Sweatpals Raises $12M To Fuel the ‘Daylife Movement’Athletech News•Oct 28, 2025•Patron, SweatPals, Andreessen Horowitz, Patreon and 10 others
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Fundamental Research Labs nabs $30M+ to build AI agents across verticals
TechCrunch+•Aug 01, 2025•Patron, First Spark Ventures, Prosus, Andreessen Horowitz and 3 others
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Chronicle Studios Secures $11.6M Seed Round to Boost Original Franchise Creationintelligence360•Jul 03, 2025•Chronicle, Patron, Point72 Ventures, Zagros Ventures and 1 other
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SVM Layer1 blockchain Fogo completes US$8 million in financing, led by The EchonomistCnyes•Jan 24, 2025•The Block, CMS Holdings, Big Brain Holdings, The Economist and 1 other
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Couples Wellness Platform Arya Raises $8.5M Series AFemtech Insider•Dec 17, 2024•Arya, Ibex Investors, Play Ventures, Patron and 1 other
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Patron secures $100Mn for its second fundTechPortal•Sep 18, 2024•Patron, Andreessen Horowitz, Union Square Ventures, Y Combinator and 3 others
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AI-Based Sexual Wellness Platform Arya Raises $7.5M Seed RoundFemtech Insider•Jun 13, 2024•Arya, Patron, Play Ventures, at.inc and 1 other
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Kudos raises $10.2m for AI-powered smart walletFinextra•May 20, 2024•Kudos, Samsung, SV Angel, Precursor Ventures and 7 others
