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Patch

Climate action platform

101-200 employees
  • B2B
  • Enterprise
  • Sustainability
  • SaaS
  • API
Hayes Valley, San Francisco, CA

Company mission

Patch's mission is to rebalance the planet.

Top investors

Some candidates hear
back within 2 weeks

18% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Offsetting climate emissions is a huge priority for businesses, with motives including conducting sustainable business, meeting government regulations, improving brand image, and saving finances. However, the discovery and logistic process of getting involved with climate action projects can be difficult to navigate.

Patch provides a climate action platform that aims to help businesses meet their carbon footprint goals through a carbon removal project marketplace. In addition to being able to financially contribute to such services, companies can also use Patch's API to embed carbon footprint estimation and removal tools in their product, facilitating climate action through every transaction.

There are many climate action projects that businesses can contribute to financially, but it can be difficult to discover them, and Patch has been smart to make this process simpler. The company is also expanding outside of carbon removal projects, offering projects on its marketplace concerning regenerative agriculture, solar farms, enhanced weathering, and kelp farming. Funds raised by Patch are cited to support hiring and growth, as well as helping to accelerate the development of its technology.

Benefits

  • Remote-first, asynchronous work culture
  • Work with the most talented team in climate tech
  • Meaningful equity
  • Monthly wellness stipend for mental and physical health
  • Time-off as needed vacation policy
  • Generous parental leave policy

Company values

  • We build the future we want: We're creating solutions to unify scalable climate action in order to get the world back in sync.
  • We're all in this together: Rebalancing our planet will require all of us to do our part. That's why our focus is on making climate action a part of everyone's business.
  • We amp it up: We have just a few years to reach giga-tonne scale carbon removal. We have to move fast with unreasonably high standards. Anything less will result in a planet that’s unlivable.

Funding (last 2 of 4 rounds)

Sep 2022

$55m

SERIES B

Sep 2021

$20.8m

SERIES A

$81.5m

Total funding

This company has top investors

Founders

Brennan Spellacy

(Co-Founder & CEO)

Experience as a Web Developer for McGill University. Senior Product Manager and Software Engineer for Sonder Inc. from 2016 to 2020.

Aaron Grunfeld

(Co-Founder)

Experience as Team Leade of Revenue, Operations, and Growth for Sonder Inc. from 2014 to 2020.

Jobs (5)

All locations

Software Engineering