About Patchstack
Patchstack is a company based in Parnu (Estonia) founded in 2014.. Patchstack has raised $5 million across 4 funding rounds from investors including Giesecke+Devrient, European Union and Lift99. The company has 6 employees as of September 30, 2024. Patchstack offers products and services including vPatches, Vulnerability Database, Bug Bounty Program, and API. Patchstack operates in a competitive market with competitors including Akamai, Signal Sciences, Avi Networks, Indusface and Zenedge, among others.
- Headquarter Parnu, Estonia
- Employees 6 as on 30 Sep, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Patchstack Oü
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Annual Revenue
$305.39 K (USD)134as on Dec 31, 2022
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Net Profit
$89.93 K (USD)0as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$5 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Series A
Sep 16, 2024
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Investors
Giesecke+Devrient
& 8 more
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Employee Count
6
as on Sep 30, 2024
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Products & Services of Patchstack
Patchstack offers a comprehensive portfolio of products and services, including vPatches, Vulnerability Database, Bug Bounty Program, and API. 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.
Mitigates vulnerabilities in open-source code without changes.
Provides intelligence on security flaws for developers.
Enables researchers to report and earn rewards for bugs.
Offers access to vulnerability data for external systems.
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Funding Insights of Patchstack
Patchstack has successfully raised a total of $5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in September 2024. 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 Funding
- Total Rounds 4
- Last Round Series A — $5.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Patchstack | Valuation | Karma Ventures | |
| Jun, 2022 | Amount | Grant - Patchstack | Valuation |
investors |
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| Jun, 2022 | Amount | Grant - Patchstack | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Patchstack
Patchstack has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Giesecke+Devrient, European Union and Lift99. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Karma Ventures is focused on investing in deep-tech software startups.
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Founded Year | Domain | Location | |
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Investment is made in tech-driven, sustainable, and female-led companies.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Patchstack
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Patchstack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Patchstack Comparisons
Competitors of Patchstack
Patchstack 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 Akamai, Signal Sciences, Avi Networks, Indusface and Zenedge, 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 |
Provider of cloud and AI based CDN management software
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| domain | founded_year | HQ Location |
Cloud-based WAF and RASP platform is offered for website security.
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| domain | founded_year | HQ Location |
Application Delivery Controller and WAF for on-premise and cloud applications
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| domain | founded_year | HQ Location |
Web application and API protection services are delivered via SaaS.
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| domain | founded_year | HQ Location |
Enterprise-grade WAF and DDoS mitigation platform is provided.
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| domain | founded_year | HQ Location |
Cloud-based website security solutions are provided by Botguard.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Patchstack
When was Patchstack founded?
Patchstack was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Patchstack located?
Patchstack is headquartered in Parnu, Estonia. It is registered at Parnu, Parnu County, Estonia.
Is Patchstack a funded company?
Patchstack is a funded company, having raised a total of $5M across 4 funding rounds to date. The company's 1st funding round was a Grant of $2.03M, raised on Apr 02, 2019.
How many employees does Patchstack have?
As of Sep 30, 2024, the latest employee count at Patchstack is 6.
What is the annual revenue of Patchstack?
Annual revenue of Patchstack is $305.39K as on Dec 31, 2022.
What does Patchstack do?
Provider of WordPress security vulnerability mitigation solutions. It offers a vulnerability database and automated patching technology (vPatches) to protect websites without requiring code changes. Services are available for website owners, hosting companies, and plugin developers, addressing security needs across the WordPress ecosystem. The company also provides security auditing and compliance assistance, particularly for the Cyber Resilience Act (CRA). A bug bounty program further enhances security by incentivizing vulnerability discovery and remediation.
Who are the top competitors of Patchstack?
Patchstack's top competitors include Akamai, Signal Sciences and Indusface.
What products or services does Patchstack offer?
Patchstack offers vPatches, Vulnerability Database, Bug Bounty Program, and API.
Who are Patchstack's investors?
Patchstack has 9 investors. Key investors include Giesecke+Devrient, European Union, Lift99, Agrello, and Open Data Security.
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