About PatPat
PatPat is a company based in Mountain View (United States) founded in 2014 by Albert Wang and Can Gao.. PatPat has raised $207.79 million across 3 funding rounds from investors including General Atlantic, SoftBank Vision Fund and Tunacatch. PatPat offers products and services including Matching Family Outfits, Baby Clothes, Toddler Clothes, Kids Clothing, and Pajamas. PatPat operates in a competitive market with competitors including Primary, Gymboree, Rockets of Awesome, Monica + Andy and Hanna Andersson, among others.
- Headquarter Mountain View, United States
- Founders Albert Wang, Can Gao
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Sectors
Consumer
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Phone
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Website
*********
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Social
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- Legal Name Interfocus, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$207.79 M (USD)
in 3 rounds
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Latest Funding Round
$160 M (USD), Series D
Aug 17, 2021
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Investors
General Atlantic
& 8 more
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Employee Count
Employee Count
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Products & Services of PatPat
PatPat offers a comprehensive portfolio of products and services, including Matching Family Outfits, Baby Clothes, Toddler Clothes, Kids Clothing, and Pajamas. 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.
Sets for coordinated family clothing during events and holidays.
Comfortable outfits for newborns and babies aged 0-3.
Stylish options for toddlers aged 2-6 with playful designs.
Fashionable outfits for children aged 5-12 for various occasions.
Cozy sets for family matching during holidays and daily use.
Funding Insights of PatPat
PatPat has successfully raised a total of $207.79M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $160 million completed in August 2021. 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 3
- Last Round Series D — $160.0M
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First Round
First Round
(23 Apr 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series D - PatPat | Valuation | SoftBank Vision Fund |
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| Jul, 2021 | Amount | Series D - PatPat | Valuation | DST Global | |
| Apr, 2018 | Amount | Series C - PatPat | Valuation | Sequoia Capital China |
| 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 PatPat
PatPat has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include General Atlantic, SoftBank Vision Fund and Tunacatch. 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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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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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 PatPat
| 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 - PatPat
| 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 |
Patpat Comparisons
Competitors of PatPat
PatPat 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 Primary, Gymboree, Rockets of Awesome, Monica + Andy and Hanna Andersson, 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 kids' apparel is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand offering for kid's apparel
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| domain | founded_year | HQ Location |
Personalized kids' apparel is delivered through subscription boxes.
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| domain | founded_year | HQ Location |
Platform offering organic children's apparel brand
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| domain | founded_year | HQ Location |
Kid's apparel is offered by an internet-first brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Patpat
Frequently Asked Questions about PatPat
When was PatPat founded?
PatPat was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is PatPat located?
PatPat is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of PatPat?
Albert Wang is the current CEO of PatPat. They have also founded this company.
Is PatPat a funded company?
PatPat is a funded company, having raised a total of $207.79M across 3 funding rounds to date. The company's 1st funding round was a Series C of $47.79M, raised on Apr 23, 2018.
What does PatPat do?
PatPat was founded in 2014 in Mountain View, United States, as an online retailer in the apparel sector. A range of products for mothers and babies is provided, including dresses, skirts, leggings, t-shirts, jumpsuits, pants, coats, toys, baby gear, and maternity wear. Operations are supported by a mobile application available on Android and iOS platforms, with sales conducted through the domain patpat.com.
Who are the top competitors of PatPat?
PatPat's top competitors include Gymboree, Primary and Hanna Andersson.
What products or services does PatPat offer?
PatPat offers Matching Family Outfits, Baby Clothes, Toddler Clothes, Kids Clothing, and Pajamas.
Who are PatPat's investors?
PatPat has 9 investors. Key investors include General Atlantic, SoftBank Vision Fund, Tunacatch, DST Global Partners, and Ocean Link.
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