About PatchUS
PatchUS is a Technology company based in Noida (India) founded in 2017, and was acquired by CleverTap in November 2021. Secure messaging solutions are delivered via a cloud-based platform. PatchUS has raised $358.37 thousand across 3 funding rounds from investors including CleverTap, Blume Ventures and Ameya Telecom. PatchUS was last valued at $1.22 million in January 2020. The company was acqui-hired. Its focus areas include Enterprise Applications, Enterprise Collaboration, Communication and VoIP. Its legal entity in India is Patchus Communications Private Limited (U72900DL2017PTC312747).
Company details
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.
- Headquarters Noida, India
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website patchus.in
- Social LinkedIn X
- Acquired by CleverTap (Nov 2021)
- Legal Name Patchus Communications Private Limited
- Date of Incorporation 10 Feb, 2017
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of PatchUS
PatchUS operates through Patchus Communications Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Patchus Communications Private Limited CIN U72900DL2017PTC312747 | Strike Off | 10 Feb 2017 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
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 $358,366
- Total Rounds 3
- Last Round Seed — $91,533
- First Round $138,419
(Apr 2017)
- Investors Count 15
All 3 funding rounds of PatchUS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $91,533 | Seed | $1.22M | Hayk Hakobyan, Hayk Hakobyan | |
| Sep 2018 | $128,414 | Seed | $1.29M | – | |
| Apr 2017 | $138,419 | Seed | $••••• | Blume Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $1.22M | •••••••• |
| Sep 2018 | $1.29M | •••••••• |
Last known valuation $1.22M (Jan 2020). 16 investors in total: 3 institutional and 13 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture capital firm focused on seed-stage investments | Delhi, India | |||
HH Hayk Hakobyan | Angel investor and entrepreneur, co-founder of Platter, focusing on tech startups. | unknown_f03a71a870474ba38 | ||
SA Susmita Amit Dalmia | unknown_fef921636184420bb | |||
AG Anurag Goel | Angel investor, ex-Amazon, focused on early-stage Indian startups | unknown_42b994d40a2743e38 | ||
SG Seema Goenka | unknown_91ceb39b38f14b03a | |||
AG Anshuman Ghose | unknown_c40ff174f42b47f2b | |||
PG Pooja Garg | Angel investor and entrepreneur, focused on tech startups in India. | unknown_9c56e61b4e4b4408b | ||
SM Sumantu Mittal | Angel investor and entrepreneur, focused on tech startups in India. | unknown_6a28529246974707b | ||
HH Hayk Hakobyan | unknown_1eb9d4ec04c944cda |
Investor details for PatchUS
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.
Board of directors of Patchus Communications Private Limited (PatchUS)
Patchus Communications Private Limited is the primary company behind PatchUS. The board of Patchus Communications Private Limited currently have 2 directors; the longest-serving is Sumantu Mittal, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumantu Mittal DIN 06621252 | Director | 10 Feb 2017 | 9 yrs 9 mo | Patchus Communications Private Limited |
| Pooja Garg DIN 08658330 | Director | 08 Jan 2020 | 6 yrs 10 mo | Patchus Communications Private Limited |
Financials of PatchUS
Figures of Patchus Communications Private Limited, the primary company behind PatchUS, for FY 2023. Revenue was ₹1,649 (-98% year on year). Net loss was -₹2 Lakh (-12153% margin). EBITDA was -₹2 Lakh (-12153% margin). Revenue has grown at a compounded annual rate of -91% over three years and +14% over five years.
- ₹1,649Revenue · FY 2023 · -98% YoY
- -₹2 LakhNet loss · -12153% margin
- -₹2 LakhEBITDA · -12153% margin
- ₹93,670Paid-up capital
- -91%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Patchus Communications Private Limited are on its company page.
Detailed financial statements for PatchUS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of PatchUS
5 dated milestones of PatchUS across 4 years, from founding to its latest funding, stage changes and deals.
- Founded PatchUS is founded.
- Funding First funding round of $138K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $92K.
- Exit Acquired by CleverTap.
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Related news about Patchus
Complete news archive for PatchUS
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PatchUS
PatchUS was founded in 2017.
PatchUS is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
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 2017.
The primary company behind PatchUS, Patchus Communications Private Limited, reported revenue of ₹1,649 for FY 2023, down 98% year on year.
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.
PatchUS has 16 investors. Key investors include CleverTap, Blume Ventures, Ameya Telecom, Hayk Hakobyan, and Susmita Amit Dalmia.
The valuation of PatchUS is $1.22M as of Jan 2020.
PatchUS operates through Patchus Communications Private Limited.
Yes. PatchUS was acquired by CleverTap in November 2021.
The legal entities of PatchUS currently have 2 directors, including Pooja Garg, Sumantu Mittal.