Patch

Platform for managing and trading carbon credits

San Francisco, California, United States

About Patch

Patch is a platform that helps organizations manage, buy, and sell carbon credits to support climate solutions. The platform connects buyers, who want to offset their carbon emissions, with suppliers of carbon credits. It operates in the environmental sustainability sector, focusing on carbon management by providing a network of reliable carbon credits. Patch ensures that transactions are efficient and transparent, making it easier for users to navigate the carbon credit market. The company stands out from competitors by offering a modern experience for buyers and effective tools for suppliers. Its goal is to significantly impact climate change by actively managing 400 million tonnes of carbon.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$79.3MTotal Funding
SERIES_BCompany Stage
Energy, Social ImpactIndustries
51-200Employees

Benefits

Competitive compensation
Meaningful Equity
Monthly wellness stipend for mental and physical health, covering gyms, courses, therapy, art, animals, etc!
Remote-friendly
Low ego, collaborative culture
Time-off As Needed Vacation Policy

Risks

Emerging climate tech startups could dilute Patch's market share.
Partnership with Drax may expose Patch to reputational risks if BECCS technology fails.
Reliance on venture capital funding may pressure Patch to deliver rapid growth.

Differentiation

Patch offers an API for seamless carbon removal integration into products.
The platform manages 400 million tonnes of carbon, showcasing significant market impact.
Patch ensures transparency and efficiency in carbon credit transactions for buyers and suppliers.

Upsides

Partnership with Drax enhances Patch's carbon credit offerings and market reach.
Increased demand for high-integrity carbon credits drives growth in the carbon market.
Venture capital interest in climate tech supports Patch's expansion and innovation.