What is Patch Technologies?
Headquartered in San Francisco, California, Patch Technologies operates at the intersection of energy technology and environmental sustainability. The company provides a sophisticated software suite designed to help enterprises measure, manage, and mitigate their carbon footprints. By integrating directly into business workflows, Patch Technologies enables organizations to transition toward decarbonization with precision and transparency. As the regulatory landscape for carbon reporting tightens, the company's market position as a foundational infrastructure provider for the new energy economy becomes increasingly vital.
How much funding has Patch Technologies raised?
Patch Technologies has raised a total of $80.3M across 3 funding rounds:
Unspecified
$4.5M
Series A
$20.8M
Series B
$55M
Unspecified (2021): $4.5M with participation from Pale Blue Dot Ventures, Andreessen Horowitz, MapleVC, and VersionOne
Series A (2021): $20.8M led by Coatue, Pale Blue Dot, Andreessen Horowitz, and VersionOne
Series B (2022): $55M supported by Coatue, Andreessen Horowitz, and Energize Ventures
Key Investors in Patch Technologies
Coatue
Coatue Management is a prominent hedge fund sponsor that manages both public and private equity, focusing on high-growth technology sectors and global market opportunities.
Andreessen Horowitz
A premier venture capital firm based in Menlo Park, Andreessen Horowitz provides strategic capital to both early-stage startups and established growth-stage companies.
Energize Ventures
Energize Ventures is a specialized investment firm focused on scaling climate solutions and digital technologies that drive the transition to a decarbonized energy system.
What's next for Patch Technologies?
With the successful closure of its latest financing round, Patch Technologies is poised to scale its operations significantly. The strategic focus will likely shift toward enhancing its software capabilities to support complex, multi-national enterprise requirements while deepening its integration with existing energy management systems. As the company moves beyond its Series B stage, the emphasis will be on market penetration and establishing long-term partnerships with industry leaders committed to net-zero goals. The continued support from top-tier venture capital firms suggests a clear path toward sustained growth and potential market leadership in the carbon management software space.
See full Patch Technologies company page
