What is Patch?
Founded in 2020, Patch aims to revolutionize urban spaces by developing environments that foster both productivity and community engagement. Beyond offering flexible workspaces, the company has established Patch Academy to host educational events and networking opportunities, and Patch Market for informal gatherings and pop-up events. This holistic approach positions Patch as a forward-thinking entity in the flexible workspace sector, catering to a diverse range of needs from professional work to cultural enrichment.
How much funding has Patch raised?
Patch has raised a total of $3.7M across 1 funding round:
Other Financing Round
$3.7M
Other Financing Round (2023): $3.7M with participation from Active Partners, JamJar Investments, Blue Wire Capital, and Triple Point Ventures
Key Investors in Patch
Active Partners
Active Partners is an investment firm that focuses on helping individuals and businesses with their financial planning and wealth preservation goals, suggesting a strategic interest in companies with long-term growth potential.
JamJar Investments
JamJar Investments, founded by the creators of Innocent Drinks, specializes in early-stage investments within the consumer technology and FMCG sectors, indicating a focus on innovative consumer-facing businesses.
Blue Wire Capital
Blue Wire Capital is a venture capital firm dedicated to supporting founders in building generational companies, providing early capital and strategic support, particularly in major global cities like London.
What's next for Patch?
The recent major strategic investment into Patch signals a strong confidence from its backers in the company's innovative business model and its potential for significant growth. This capital infusion is likely to fuel further expansion of its physical locations, enhance its digital offerings, and potentially broaden the scope of its community and cultural programming. As Patch continues to scale, it is poised to become a key player in redefining the future of work and community interaction in urban centers.
See full Patch company page