Tech Company Financing Transactions

Patch Funding Round

Active Partners, Blue Wire Capital and Jamjar Investments joined a $3.7 million capital raise for Patch. This venture round was announced on 3/20/2023.

Transaction Overview

Company Name
Patch
Announced On
3/20/2023
Transaction Type
Venture Equity
Amount
$3,677,000
Round
Undisclosed
Investors

Active Partners (Lead Investor)

Blue Wire Capital (Lead Investor)

Jamjar Investments (Lead Investor)

Vectr7 (Lead Investor)

private investors (Caroline Plumb)

private investors (Emma Woods)

private investors (Jeremy Sanders)

private investors (Matt Clifford)

private investors (Peter Roberts)

private investors (Simon Murdoch)

private investors (Wendy Becker)

private investors (Zoe Jervier)

Triple Point Ventures

Proceeds Purpose
The company intends to use the funds to grow the team, and expand its network of spaces. With a Patch already up and running in Chelmsford, Essex, the company is set to launch two new locations in Summer 2023; unveiling sites in Twickenham, Greater London and High Wycombe, Buckinghamshire. More launches are planned for 2023 and beyond, with the team aiming to open up to 100 sites over the coming years.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Undisclosed
San Francisco, CA 94102
USA
Phone
Undisclosed
Website
www.patch.io
Email Address
[email protected]
Overview
Businesses need to focus on both rapidly decarbonizing their operations and compensating unavoidable emissions. We built Patch to be the most effective and responsible way to accomplish the latter, so that companies can focus on decarbonization.
Profile
Patch LinkedIn Company Profile
Social Media
Patch Company Twitter Account
Company News
Patch News
Facebook
Patch on Facebook
YouTube
Patch on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brennan Spellacy
  Brennan Spellacy LinkedIn Profile  Brennan Spellacy Twitter Account  Brennan Spellacy News  Brennan Spellacy on Facebook
Co-Founder
Aaron Grunfeld
  Aaron Grunfeld LinkedIn Profile  Aaron Grunfeld Twitter Account  Aaron Grunfeld News  Aaron Grunfeld on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/20/2023: Shinydocs venture capital transaction
Next: 3/20/2023: Finmatics venture capital transaction

 

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Our team works diligently to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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