How Much Did Patch Raise?
Funding & Key Investors

Patch, a London-based company focused on creating integrated workspace and community hubs, has secured $3.7M in total funding, with its most recent capital infusion of $3.7M described as a major strategic investment. This latest financing round, which occurred on March 20, 2023, signifies a significant milestone for the company as it continues to expand its unique model of combining shared office spaces with community, cultural, and commercial activities.

What is Patch?

Patch
Real EstateCultural & Informational CentersHospitality

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:

2023

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.

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Frequently Asked Questions Regarding Patch Financial Insights

What are the most recent funding rounds that Patch has completed, and what were the funding rounds?
Patch has recently completed 1 funding rounds: Other Financing Round on Mar 20, 2023.
What is the total amount of funding Patch has raised to date?
Patch has raised a total of $3.7M in funding to date.
How many funding rounds has Patch completed?
Patch has completed 1 funding rounds.
How much funding did Patch raise in its most recent funding round?
Patch raised $3.7M in its most recent funding round.
Who are the lead investors in Patch's latest funding round?
The lead investor in Patch's latest funding round was Active Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Patch's history?
The largest funding round in Patch's history was $3.7M.
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