Patch

United States Founded: 2015 • Age: 11 yrs
Co-working clubs and spaces are offered to businesses by Patch.

About Patch

Patch is a company based in United States founded in 2015 by PALOMA ., VARUN ., and FREDDIE .. Patch has raised $4.79 million across 2 funding rounds from investors including JamJar Investments, Blue Wire Capital and Vectr7.

  • Headquarter United States
  • Founders PALOMA ., VARUN ., FREDDIE .
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website patch.work
Key Metrics
  • Total Equity Funding
    $4.79 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.69 M (USD), Series A

    Mar 24, 2023

  • Investors

Funding Insights of Patch

Patch has successfully raised a total of $4.79M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.69 million completed in March 2023. 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 $4.8M
  • Total Rounds 2
  • Last Round Series A β€” $3.7M
  • First Round $1.1M

    (21 Sep 2021)

  • Investors Count 17

All 2 funding rounds of Patch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
24 Mar 2023$3.7MSeries A–JamJar Investments
21 Sep 2021$1.1MSeed–Robin Klein , Matt Clifford
–
Valuation history

17 investors in total: 5 institutional and 12 angel.

Investors in Patch

Patch has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include JamJar Investments, Blue Wire Capital and Vectr7.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage tech startups are funded by this venture capital firm.
–jamjarinvestments.comLondon, United Kingdom
Tech & offline focused VC firm investing in seed & early stage companies in the UK & US
–bluewirecapital.comLondon, United Kingdom
Investments are focused on climate technology startups in Europe.
–vectr7.comLondon, United Kingdom
Active Partners is engaged in consumer-focused brand investments.
–active.partnersLondon, United Kingdom
Early-stage investments are made in B2B software companies.
–triplepoint.vcLondon, United Kingdom

Peter Roberts

Indian angel investor focusing on early-stage tech startups.
–unknown_337d4ee7981f43d8b-

Jeremy Sanders

Angel investor focusing on Indian startups, with a tech and innovation background.
–unknown_1cf755e1f8d94eb58-

Wendy Becker

-
–unknown_1f60fffcd8b445368-

Matt Clifford

Co-founder of Entrepreneur First, angel investor, supports Indian startups
–unknown_32e6f459dd9b4eae8-

Simon Murdoch

UK-based VC and angel investor, active in Indian startups
–unknown_520ca9b28bfc409e8-
Premium access

Investor details for Patch

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Patch

9 people are tracked at Patch (7 in leadership, 2 in team).

NameRoleGroup
PALOMA .
Co-FounderLeadership
VARUN .
Co-FounderLeadership
FREDDIE .
Co-FounderLeadership
Ben Newton
Head Of OperationsLeadership
Freddie Fforde
FounderLeadership
Paloma Strelitz
Head Of Product & Creative DirectorLeadership
Katie Sotiris
Head Of FinanceLeadership
Alexa Scott-Dalgleish
Content Marketing LeadTeam
Sarah Stokes
Office Sales LeadTeam
Premium access

Complete people profiles for Patch

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Patch

3 dated milestones of Patch across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Patch is founded.
  2. Funding First funding round of $1.1M.
  3. Funding Latest funding round, Series A, of $3.7M.

Similar companies to Patch

10 companies that operate in the same segment as Patch (Serviced & Flexible Workspaces), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Modular buildings, portable storage, and electronic test equipment are rented.
1979Livermore, California, United States–USD 944.24 M1,220
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing.
2001Bengaluru, Karnataka, India–––
Managed co-working spaces are offered in Helsinki, Finland.
1811Helsinki, Finland–––
Investment holding company focused on providing office space
1987South Africa–USD 814.19 M–
Workspace and residential suites are provided by Allied Properties REIT.
1990Toronto, Ontario, Canada–USD 432.65 M351
Provides managed office spaces for businesses.
1988Gurugram, Haryana, India–USD 30.2 M1,029
Commercial developer services are provided to businesses in Finland.
1982Oulu, North Ostrobothnia, FinlandUSD 56.93 M––
Develops IT parks, business spaces, and managed workspaces in Bengaluru and other cities.
1996Bengaluru, Karnataka, India–USD 281.58 M221
Real estate development focusing on residential and commercial projects in Mumbai.
2002Mumbai, Maharashtra, IndiaUSD 39.06 MUSD 662.33 K23
Workspace solutions are provided by Incubex for various businesses.
2016Bengaluru, Karnataka, India–USD 7.18 M–
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Frequently Asked Questions about Patch

Patch was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Patch is headquartered in United States.

Patch is a funded company, having raised a total of $4.79M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Sep 21, 2021.

Patch was established in 2015 in the United States, focusing on the co-working sector. Flexible club memberships and dedicated workspace services are provided to support business operations and collaboration. The company operates through its domain, patch.work, and is co-founded by Paloma, Varun, and Freddie, emphasizing practical environments for professional use across various industries.

Patch has 17 investors. Key investors include JamJar Investments, Blue Wire Capital, Vectr7, Active Partners, and Triple Point Ventures.

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