Patch.com

New York, United States Founded: 2008 • Age: 18 yrs Acquired By AOL
Hyper-local news is provided for suburban communities across America.
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About Patch.com

Patch.com is a company based in New York (United States) founded in 2008 was acquired by AOL in June 2009.. Patch.com offers products and services including Patch App and Patch Website. Patch.com operates in a competitive market with competitors including Tampa Bay Times, KTTC, Hoodline, MyNorthwest and LancasterOnline, among others.

  • Headquarter New York, United States
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Planck Llc Dba Patch Media
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    AOL

    (Jun 11, 2009)

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Products & Services of Patch.com

Patch.com offers a comprehensive portfolio of products and services, including Patch App and Patch Website. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Mobile app for accessing local news and community events.

Online platform for posting and reading hyperlocal stories.

People of Patch.com
Headcount 200-500
Employee Profiles 58
Employee Profiles
People
Jesus Nieves
Videographer / Video Editor
People
Kara Seymour
Editor in Chief
People
Beth Dalbey
National Editor
People
Jacob Baumgart
Field Editor

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Funding Insights of Patch.com

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.com

Patch.com has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AOL. 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
Institutional
Investor Description Founded Year Domain Location
Online news, entertainment, and financial content is delivered.
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.com

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

Financial Statements - Patch.com

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.Com Comparisons

Employees
+
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Competitors of Patch.com

Patch.com 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 Tampa Bay Times, KTTC, Hoodline, MyNorthwest and LancasterOnline, 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
Multi-category news is delivered via an online platform.
domain founded_year HQ Location
Provides local news, weather updates, and sports coverage to communities.
domain founded_year HQ Location
Local news coverage for San Francisco neighborhoods is delivered.
domain founded_year HQ Location
Serves as a digital platform sharing local news across various categories.
domain founded_year HQ Location
Offers an online platform for multi-category news content.
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.Com

Frequently Asked Questions about Patch.com

When was Patch.com founded?

Patch.com was founded in 2008.

Where is Patch.com located?

Patch.com is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Patch.com do?

Patch.com was founded in 2008 in New York, United States, as a platform in the digital media sector. Hyper-localized news and information are delivered to individual towns and communities. Operations include a network of 905 sites focused on affluent suburban areas nationwide, with coverage tracked as of February 2016. Revenue is derived from advertisements and local business partnerships.

Who are the top competitors of Patch.com?

Patch.com's top competitors include Tampa Bay Times, Hoodline and KTTC.

What products or services does Patch.com offer?

Patch.com offers Patch App and Patch Website.

Who are Patch.com's investors?

Patch.com has 1 investor. Key investors include AOL.

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