PatchUS

Noida, India Founded: 2017 • Age: 9 yrs Acquired By CleverTap
Secure messaging solutions are delivered via a cloud-based platform.
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About PatchUS

PatchUS is a company based in Noida (India) founded in 2017 was acquired by CleverTap in November 2021.. PatchUS has raised $358.37 thousand across 3 funding rounds from investors including CleverTap, Blume Ventures and Ameya Telecom. PatchUS operates in a competitive market with competitors including Bandwidth, Mask Network, Critical Path, JANDI and ChatWork, among others.

  • Headquarter Noida, India
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Patchus Communications Private Limited
  • Date of Incorporation 10 Feb, 2017
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions → →
Technology → Cybersecurity & Privacy Solutions → →
Key Metrics
  • Annual Revenue
    $34.31 K (USD)
    1391.19
    as on Mar 31, 2020
  • Net Profit
    $-24.75 K (USD)
    -180.36
    as on Mar 31, 2020
  • EBITDA
    $-37.01 K (USD)
    -300.21
    as on Mar 31, 2020
  • Total Equity Funding
    $358.37 K (USD)

    in 3 rounds

  • Latest Funding Round
    $91.53 K (USD), Seed

    Jan 29, 2020

  • Investors
    CleverTap

    & 15 more

  • Employee Count
    Employee Count
  • Acquired by
    CleverTap

    (Nov 10, 2021)

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Funding Insights of PatchUS

PatchUS has successfully raised a total of $358.37K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $91.53 thousand completed in January 2020. 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 Seed — $91,533
  • First Round

    (26 Apr 2017)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Seed - PatchUS Valuation Hayk Hakobyan , Hayk Hakobyan
Blume Ventures , Ameya Telecom
Sep, 2018 Amount Seed - PatchUS Valuation

investors
Blume Ventures , Rahul Saini
Apr, 2017 Amount Seed - PatchUS Valuation Blume Ventures
Vikas Taneja , Vishal Dixit
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in PatchUS

PatchUS has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include CleverTap, Blume Ventures and Ameya Telecom. 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
Blume Ventures
Seed and early-stage investments are made across sectors in India.
Founded Year Domain Location
Ameya Telecom
Venture capital firm focused on seed-stage investments
Founded Year Domain Location

Hayk Hakobyan
Angel investor and entrepreneur, co-founder of Platter, focusing on tech startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PatchUS

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PatchUS

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
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Patchus Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of PatchUS

PatchUS 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 Bandwidth, Mask Network, Critical Path, JANDI and ChatWork, 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
Bandwidth
domain founded_year HQ Location
VoIP communication management is facilitated via a cloud-based enterprise platform.
Mask Network
domain founded_year HQ Location
Provider of encrypted messaging applications
Critical Path
domain founded_year HQ Location
Spam-blocking, virus protection, and secure messaging services are provided.
JANDI
domain founded_year HQ Location
Enterprise team collaboration is facilitated via cloud-based messaging platform.
ChatWork
domain founded_year HQ Location
Cloud based task management platform for file sharing
ArmorText
domain founded_year HQ Location
Secure enterprise messaging with end-to-end encryption is offered across platforms.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Patchus

Frequently Asked Questions about PatchUS

When was PatchUS founded?

PatchUS was founded in 2017.

Where is PatchUS located?

PatchUS is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Is PatchUS a funded company?

PatchUS is a funded company, having raised a total of $358.37K across 3 funding rounds to date. The company's 1st funding round was a Seed of $138.42K, raised on Apr 26, 2017.

What is the annual revenue of PatchUS?

Annual revenue of PatchUS is $34.31K as on Mar 31, 2020.

What does PatchUS do?

PatchUS was founded in 2017 and is headquartered in Noida, India. The company operates in the secure communications sector, providing a cloud-based platform for messaging and collaboration. Services include automated meeting scheduling, portable conference systems, conference calling, in-call messaging, and attachment sharing. The application is accessible on Android and iOS devices, supporting remote and mobile operations.

Who are the top competitors of PatchUS?

PatchUS's top competitors include Bandwidth, Mask Network and Flock.

Who are PatchUS's investors?

PatchUS has 16 investors. Key investors include CleverTap, Blume Ventures, Ameya Telecom, Hayk Hakobyan, and Susmita Amit Dalmia.

What is PatchUS's valuation?

The valuation of PatchUS is $1.22M as of Jan 2020.

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