Patch

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.

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

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

• Carbon credit marketplace
• Carbon offset API
• Voluntary carbon market
• Sustainability procurement software
• Carbon removal credits

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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).
2. Platform and Advisory Services: Embedded Climate Strategy services provide consulting and guidance for corporate sustainability strategies, including RFP processes and portfolio management.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core 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

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• CloverlycoreTechnology or Integration · 9 January 2026Strategic 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.
• VarahacoreStrategic or Co-development Partner · 11 April 2025Multi-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

Direct 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

• Xx.com/usepatch
• LinkedInlinkedin.com/company/usepatch

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Patch