About Pattern
Pattern is a company based in Lehi (United States) founded in 2013 by David Wright and Melanie Alder. It operates as a SaaS (Software-as-a-Service), and Managed Services. Pattern has raised $277 million across 3 funding rounds from investors including Knox Lane, Ainge Advisory and KSV Global. The company has 159 employees as of April 07, 2024. Pattern has completed 4 acquisitions, including Amplifi.io, Current and Enlisted Design. Pattern offers products and services including 3P Accelerator, 1P Accelerator, China Accelerator, Marketplace Prep, and DTC. Pattern operates in a competitive market with competitors including Global-e, CommerceIQ, Cart.com, AnyMind Group and BigCommerce, among others.
- Headquarter Lehi, United States
- Employees 159 as on 07 Apr, 2024
- Founders David Wright, Melanie Alder
- Stage Public
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Sectors
Business ServicesTechnology Retail
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Phone
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Website
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Social
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- Legal Name Pattern Group Inc
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Annual Revenue
$3.55 M (USD)112.98as on Mar 31, 2023
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Net Profit
$288.93 K (USD)73.69as on Mar 31, 2023
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EBITDA
$542.23 K (USD)86.66as on Mar 31, 2023
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Total Equity Funding
$277 M (USD)
in 3 rounds
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Latest Funding Round
$225 M (USD), Series B
Oct 06, 2021
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Investors
Knox Lane
& 3 more
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Employee Count
159
as on Apr 07, 2024
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Investments & Acquisitions
Amplifi.io
& 3 more
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IPO & Listings of Pattern
Pattern is a publicly listed company on the NASDAQ with ticker symbol PTRN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Pattern
Pattern offers a comprehensive portfolio of products and services, including 3P Accelerator, 1P Accelerator, China Accelerator, Marketplace Prep, and DTC. 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.
Ecommerce levers are optimized using AI and expertise.
Amazon wholesale is maximized with AI-driven conversion tools.
Growth in China is supported by tech and teams.
Marketplace prep and shipping are managed by Pattern.
Direct-to-consumer orders are fulfilled and managed by Pattern.
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Software Development Team
73 people
Leadership Team
46 people
Sales and Marketing
28 people
Senior Team
28 people
Ecommerce Team
19 people
Operations Team
18 people
Finance and Accounting
13 people
Data Analysis and Operations Team
9 people
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Funding Insights of Pattern
Pattern has successfully raised a total of $277M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $225 million completed in October 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 B — $225.0M
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First Round
First Round
(16 Jul 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Series B - Pattern | Valuation | Knox Lane |
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| Aug, 2020 | Amount | Series A - Pattern | Valuation | Ainge Advisory , KSV Global |
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| Jul, 2010 | Amount | Grant - Pattern | 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 Pattern
Pattern has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Knox Lane, Ainge Advisory and KSV Global. 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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Knox Lane is focused on partnering with growth-oriented businesses.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investment services are offered by KSV Global for growth.
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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 Pattern
Pattern has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Amplifi.io, Current and Enlisted Design. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based influencer identification and campaign management are facilitated.
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2019 | ||||
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Ad campaigns are automated and optimized through cloud-based analytics tools.
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2014 | ||||
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Cloud-based asset management for digital marketing content is offered.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pattern
| 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 |
Pattern Comparisons
Competitors of Pattern
Pattern 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 Global-e, CommerceIQ, Cart.com, AnyMind Group and BigCommerce, 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 |
Software solutions for cross-border e-commerce industries are provided.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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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 Pattern
Frequently Asked Questions about Pattern
When was Pattern founded?
Pattern was founded in 2013.
Where is Pattern located?
Pattern is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Who is the current CEO of Pattern?
David Wright is the current CEO of Pattern. They have also founded this company.
Is Pattern a funded company?
Pattern is a funded company, having raised a total of $277M across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.02M, raised on Jul 16, 2010.
How many employees does Pattern have?
As of Apr 07, 2024, the latest employee count at Pattern is 159.
What is the annual revenue of Pattern?
Annual revenue of Pattern is $3.55M as on Mar 31, 2023.
What does Pattern do?
Pattern is established as a leading ecommerce accelerator, specializing in enhancing brand performance on global marketplaces. Solutions are provided across sectors like marketplace advertising, fulfillment, logistics, and social commerce. Proprietary AI technology and data insights are utilized to drive traffic, conversion, and global expansion. Services are extended to over 60 marketplaces, supporting brands in 100 countries with logistics and compliance. Growth strategies are tailored for platforms like Amazon, TikTok Shop, and Tmall Global.
Who are the top competitors of Pattern?
Pattern's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
What products or services does Pattern offer?
Pattern offers 3P Accelerator, 1P Accelerator, China Accelerator, Marketplace Prep, and DTC.
Is Pattern publicly traded?
Yes, Pattern is publicly traded on NASDAQ under the ticker symbol PTRN.
How many acquisitions has Pattern made?
Pattern has made 4 acquisitions, including Amplifi.io, Current, and Enlisted Design.
Who are Pattern's investors?
Pattern has 4 investors. Key investors include Knox Lane, Ainge Advisory, KSV Global, and National Science Foundation.
What is Pattern's ticker symbol?
The ticker symbol of Pattern is PTRN on NASDAQ.
What is Pattern's valuation?
The valuation of Pattern is $2B as of Oct 2021.
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