Patch of Land

Los Angeles, United States Founded: 2013 • Age: 13 yrs
P2P real estate crowdfunding platform.
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About Patch of Land

Patch of Land is a company based in Los Angeles (United States) founded in 2013.. Patch of Land has raised $24.84 million across 3 funding rounds from investors including SF Capital Group and Ron Suber. The company has 26 employees as of December 31, 2022. Patch of Land has completed 1 acquisition, including Tycoon Real Estate. Patch of Land operates in a competitive market with competitors including Fundrise, Realty Mogul, MAX Exchange, Equitymultiple and CrowdStreet, among others.

  • Headquarter Los Angeles, United States
  • Employees 26 as on 31 Dec, 2022
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Patch Of Land Inc
Operational Areas
Financial Services → Private Capital & Alternative Investments
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $0
    0
    as on Nov 18, 2014
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $24.84 M (USD)

    in 3 rounds

  • Latest Funding Round
    $23.6 M (USD), Series A

    Apr 08, 2015

  • Investors
  • Employee Count
    26

    as on Dec 31, 2022

  • Investments & Acquisitions
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People of Patch of Land
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Jason Fritton
CEO, Co-Founder & Executive Chairman
People
Gina Donatoni
Chief Operating Officer
People
James ‘Jay’ Swinson
Sales Operations Manager

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Funding Insights of Patch of Land

Patch of Land has successfully raised a total of $24.84M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $23.6 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $23.6M
  • First Round

    (01 Sep 2013)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Series A - Patch of Land Valuation SF Capital Group
Dec, 2013 Amount Seed - Patch of Land Valuation

investors

Sep, 2013 Amount Seed - Patch of Land Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Patch of Land

Patch of Land has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include SF Capital Group and Ron Suber. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location

Ron Suber

Fintech veteran, angel investor, ex-Prosper Marketplace President, active in India
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Patch of Land

Patch of Land has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tycoon Real Estate. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Crowdfunding platform both for those looking to invest in real estate and people looking for a new source of capital.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Patch of Land

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Patch Of Land Comparisons

Employees
+
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Competitors of Patch of Land

Patch of Land operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fundrise, Realty Mogul, MAX Exchange, Equitymultiple and CrowdStreet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
An investment platform offering access to private market investments
domain founded_year HQ Location
Online real estate equity and debt crowdfunding platform is operated.
domain founded_year HQ Location
Mortgage loans are bought and sold via an online platform.
domain founded_year HQ Location
Real estate crowdfunding platform
domain founded_year HQ Location
Real estate crowdfunding opportunities are provided to investors online.
domain founded_year HQ Location
Online marketplace for commercial real estate loans.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Patch Of Land

Frequently Asked Questions about Patch of Land

When was Patch of Land founded?

Patch of Land was founded in 2013.

Where is Patch of Land located?

Patch of Land is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is Patch of Land a funded company?

Patch of Land is a funded company, having raised a total of $24.84M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Sep 01, 2013.

How many employees does Patch of Land have?

As of Dec 31, 2022, the latest employee count at Patch of Land is 26.

What does Patch of Land do?

The platform was founded in 2013 in Los Angeles, United States, within the real estate crowdfunding sector. Accredited investors are offered access to asset-backed debt investments in properties, with low minimums and security through titles, developer guarantees, and conservative loan-to-value ratios. Operations include co-investment by the platform in each deal to align interests. A debt funding round of 125,000 was secured in September 2014.

Who are the top competitors of Patch of Land?

Patch of Land's top competitors include Fundrise, Realty Mogul and CrowdStreet.

How many acquisitions has Patch of Land made?

Patch of Land has made 1 acquisition, including Tycoon Real Estate.

Who are Patch of Land's investors?

Patch of Land has 2 investors. Key investors include SF Capital Group, and Ron Suber.

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