Patch
Patch operates an AI-native marketplace and platform connecting over 100 corporate buyers with approximately 50 carbon removal projects, centralizing strategy, sourcing, diligence, procurement, and reporting for enterprise sustainability teams via transaction fees and advisory services.
- Company typePrivate
- Founded2020
- HeadquartersSan Francisco, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Patch does
Patch Technologies, Inc. is a San Francisco-based climate technology company founded in 2020 that operates an AI-native marketplace and platform for carbon removal credits. The company connects corporate buyers with approximately 50 carbon removal projects globally, offering real-time data on project availability, pricing signals, and integrity metrics across carbon, SAFc (sustainable aviation fuel credits), and RECs (renewable energy certificates). Its core product, the Patch Platform, centralizes the entire environmental resource program — strategy, sourcing, diligence, purchase, and reporting — and is complemented by service modules including Embedded Climate Strategy, Carbon Advisory, and feature modules such as Radius (network impact), Offtake (multi-year supply agreements), and RFP (procurement tooling). The platform also offers API endpoints that allow technology companies to embed offset estimates and credit purchasing into their own products.
The company serves primarily enterprise customers including named clients such as Bain, IFS, Oliver Wyman, and Mirakl, with a sales-led go-to-market motion targeting Chief Sustainability Officers and corporate sustainability teams. Over 100 companies worldwide use the platform. Patch employs 51-100 people with offices in San Francisco (headquarters at 250 Oak St) and London.
Patch generates revenue through two primary streams: transaction-based Order Management Fees on carbon credit purchases through its marketplace, and recurring revenue from Embedded Climate Strategy advisory services. Pricing is quote-based and not publicly disclosed. The company has raised approximately $81.5M in venture funding across seed, Series A (October 2021, $20M led by Coatue), and Series B (September 2022, $55M led by Energize Ventures) rounds, with investors including Andreessen Horowitz, Coatue, GIC, B Capital, and others. Recent strategic moves include a major platform relaunch (April 2025), a multi-million dollar carbon dioxide removal investment partnership with Varaha (April 2025), and a strategic partnership with Cloverly (January 2026) to integrate buyer-facing tools with supplier infrastructure.
Patch firmographics
Firmographics- Name
- Patch
- Legal name
- Patch Technologies, Inc.
- Website
- https://patch.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Patch operates an AI-native marketplace and platform connecting over 100 corporate buyers with approximately 50 carbon removal projects, centralizing strategy, sourcing, diligence, procurement, and reporting for enterprise sustainability teams via transaction fees and advisory services.
- Ownership category
- akta.pro rank
Patch industry classification
Industry- Product category
- Carbon Credit Marketplace
- NAICS
- Environmental Consulting Services (54162)
- SIC
- Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Carbon Exchanges & Trading Venues (Spot, forward, auction platforms) (EUABAAAB)
- akta.pro secondary industries
- Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs) (EUABAFAL), Clearinghouses, Settlement & Post-Trade Infrastructure (Clearing, custody, reconciliation) (EUABAAAC), Credit Issuance, Serialisation & Retirement Assurance (Registry Integrity Checks) (EUABACAM)
Keywords
Where Patch is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Patch business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Carbon Credit Transactions: Patch operates a marketplace where companies purchase carbon removal credits from projects. The company earns revenue by facilitating transactions between buyers and supply partners (carbon project developers).
- Platform and Advisory Services: Embedded Climate Strategy services provide consulting and guidance for corporate sustainability strategies, including RFP processes and portfolio management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based pricing for carbon credits |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Patch product offering
Product offeringCore offering
Patch operates an AI-native marketplace platform that connects corporate buyers with approximately 50 carbon removal projects globally. The platform centralizes environmental market data—carbon credits, SAFc, and RECs—in real time, and is complemented by embedded climate strategy services, RFP procurement tools, multi-year offtake agreements, and an API for programmatic carbon credit purchasing and embedded offset integration within third-party products.
Product overview
Patch offers a unified climate action platform that combines an AI-native software platform with expert advisory services. The core offering is the Patch Platform, which centralizes environmental resource programs across strategy, sourcing, diligence, purchase, and reporting. This core platform is complemented by embedded service modules including Embedded Climate Strategy (expert strategist support), Carbon Advisory, and feature modules like Radius (network impact), Offtake (climate tech funding), and RFP (procurement tools). The platform operates a marketplace for carbon credits from ~50 projects, with AI keeping global market data (carbon, SAFc, RECs) current in real time.
Differentiator
Problem solved
Functional benefit
Products and services
- Patch Platform An AI-native software platform that centralizes the entire environmental resource program—from strategy and sourcing to purchase and reporting—enriched by expert human guidance. The platform provides real-time data on carbon credits, SAFc, and RECs across approximately 50 global projects.
- Carbon Credits Marketplace A marketplace enabling companies to purchase carbon removal credits from approximately 50 projects, with real-time data on pricing, availability, and project integrity. The marketplace connects corporate buyers with carbon project developers and supplies credits to corporate sustainability programs.
- Embedded Climate Strategy Strategy services that align company objectives with climate targets through expert climate strategist support. Includes carbon advisory guidance, CSO playbook support, internal carbon pricing frameworks, and portfolio risk monitoring.
Quantifiable outcome
- Over 100 companies worldwide using the platform
- +1 more outcomes
Companies that use Patch
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Patch technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
Patch partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- CloverlycoreStrategic partnership to streamline how corporate buyers access, evaluate, and procure carbon credits in the voluntary carbon market. The collaboration integrates buyer-facing tools with supplier infrastructure to expand buyer visibility into real-time credit inventory, availability, and pricing while reducing uncertainty in procurement decisions.
- VarahacoreMulti-million dollar CDR investments deal to boost carbon removal. Partnership focuses on investing in carbon dioxide removal (CDR) projects and expanding high-integrity carbon credit supply for Patch's marketplace.
Scale indicators3 records
Recent moves6 records
Expansion highlights8 records
Patch competitors and assessment
Company assessmentDirect peers
- Cloverly: Cloverly operates an API-based carbon offset marketplace with a focus on programmatic procurement and integration into customer products. Direct competitor to Patch in the developer/API-first carbon procurement category; the two announced a strategic partnership in Jan 2026, underscoring their category overlap.
- Pachama: Pachama runs a marketplace for nature-based and technology-based carbon credits with satellite-based MRV and an API. Comparable to Patch in combining a credit marketplace with technology-led verification and enterprise buyer focus.
- Watershed: Watershed offers a carbon accounting and marketplace platform for enterprises, combining measurement, reduction, and removal procurement. Comparable to Patch's full-stack platform approach spanning strategy, sourcing, and reporting.
- Persefoni: Persefoni provides a climate management and accounting platform for enterprises, increasingly extending into offset procurement and decarbonization strategy. Overlaps with Patch's enterprise SaaS-plus-advisory positioning.
- Sylvera: Sylvera provides independent ratings, data, and analytics on carbon credit projects. Comparable to Patch's AI-driven integrity reviews and project-level diligence, though Sylvera is primarily an analytics layer rather than a marketplace operator.
- Carbonfuture: Carbonfuture operates a marketplace focused specifically on durable carbon removal credits (biochar, DAC, mineralization). Direct competitor in the carbon removal procurement segment that is central to Patch's positioning.
Broad incumbents
- South Pole: South Pole is a large carbon advisory and project developer that also intermediates credit transactions for corporate buyers. Competes with Patch's embedded climate strategy offering, but as a much larger incumbent with project development rather than pure platform focus.
- Verra: Verra operates the world's largest voluntary carbon registry (VCS). Not a direct competitor, but an upstream infrastructure provider whose standards and integrity assessments materially shape Patch's marketplace supply.
Emerging players
- Charm Industrial: Charm Industrial is a leading bio-oil-based carbon removal developer. Comparable to Patch's project partners (e.g., Varaha) on the supply side; an emerging player whose removal volumes Patch may intermediate through offtake agreements.
- Renoster: Renoster provides a marketplace and tooling for nature-based carbon credits, with project origination and buyer tools. Emerging player with partial overlap to Patch's marketplace-plus-API model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Patch social profiles
Digital presencePatch financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patch leadership team
Management profileNumber of profiles
Profiles2 records
Patch funding detail
Funding detailFunding overview
Funding rounds4 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patch M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patch
What does Patch do?
Patch operates an AI-native marketplace platform that connects corporate buyers with approximately 50 carbon removal projects globally. The platform centralizes environmental market data—carbon credits, SAFc, and RECs—in real time, and is complemented by embedded climate strategy services, RFP procurement tools, multi-year offtake agreements, and an API for programmatic carbon credit purchasing and embedded offset integration within third-party products.
Is Patch a public or private company?
Patch is a private company. It is classified as venture growth investor backed and is currently operating.
When was Patch founded?
Patch was founded in 2020. It employs 51 to 100 people.
Where is Patch based?
Patch is headquartered in San Francisco, United States, in the North America region.
How does Patch make money?
Two revenue lines are on record. Carbon Credit Transactions are the primary driver. The others are platform and Advisory Services.
Who are Patch's main competitors?
Direct peers on record are Cloverly, Pachama, Watershed, Persefoni, Sylvera and Carbonfuture. Broad incumbents are South Pole and Verra. Emerging players are Charm Industrial and Renoster.
Does Patch have an API?
Yes. Patch offers API endpoints that allow users to present offset estimates, project pricing, and credit purchase opportunities to their own customers within their own products or services. Users can also create checkout links to direct users to the Patch site where they can purchase credits via the Patch marketplace. The API enables programmatic access to emissions estimates and credit purchasing. Per the Terms of Service, users may not add markups to credits on a per-Credit or per-purchase basis, may not sell, rent, lease, sublicense, redistribute, or syndicate access to the APIs, and may not attempt to reverse engineer the APIs or services.
What industry is Patch in?
Patch's product category is Carbon Credit Marketplace. Its primary akta.pro industry code is EUABAAAB, Carbon Exchanges & Trading Venues (Spot, forward, auction platforms), with a secondary code of EUABAFAL, Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs). Its NAICS code is 54162 and its SIC code is 6221.