Patch

Patch

Climate Data and Analytics

San Francisco, California 23,155 followers

Patch is the platform accelerating climate solutions with integrity

About us

Patch is the platform accelerating climate solutions with integrity. Patch builds technology to help organizations manage, sell, and buy carbon credits with efficiency, transparency, and rigor. Through Patch, companies gain access to the broadest network of high-integrity carbon credits. Carbon credit suppliers use Patch to get more precise and efficient, with a modern buyer experience. Today, 400 million tonnes of carbon are actively managed on Patch. To help rebalance the planet, visit patch.io.

Industry
Climate Data and Analytics
Company size
51-200 employees
Headquarters
San Francisco, California
Type
Privately Held
Founded
2020

Products

Locations

Employees at Patch

Updates

  • View organization page for Patch, graphic

    23,155 followers

    Early purchases of carbon removal technologies are: 🔒good for corporate buyers looking to secure carbon credits 💵 good for project developers who need to scale their operations 🌎 and good for the planet in bringing down the overall cost curve of these innovative climate solutions Learn more about the U.S. Department of Energy (DOE)'s Carbon Dioxide Removal Purchase Pilot Prize and how and why corporate buyers are joining in on these efforts by watching our on-demand webinar, linked in the comments below.

  • View organization page for Patch, graphic

    23,155 followers

    The U.S .Department of Energy just gave corporate sustainability leaders a procurement playbook for high-integrity, engineered carbon removal credits. TOMORROW we’ll be breaking down what this means for companies purchasing credits and the industry overall. Join Patch's Lucy Hargreaves, U.S. Department of Energy (DOE) expert Noah Deich, highly-sophisticated CDR buyer Sam Israelit of Bain & Company, and Purchase Prize semi-finalize Peter Reinhardt of Charm Industrial by registering via the link in comments ⬇️.

  • View organization page for Patch, graphic

    23,155 followers

    Congrats to our partners at Isometric who are continuing the important work of expanding access to high-integrity carbon removals. As Brennan Spellacy put it: The Isometric and Patch partnership represents a more effective way to scale carbon removal. 💡 We're excited to combine forces with Isometric to bring companies of all shapes and sizes into the business of supporting high-integrity, innovative CDR. 🚀

    View organization page for Isometric, graphic

    7,820 followers

    Isometric today announced partnerships with 12 of the most important platforms in carbon removal. Patch, Watershed, Supercritical, Klimate.co, Carbonx Climate, Milkywire, Carbonplace, Wren, Rubicon Carbon, Cloverly and CEEZER have all partnered with Isometric to provide their end customers access to Isometric’s high quality carbon credits. Terraset is also providing a way for people to fund carbon removal through tax-deductible donations. These partners are already helping thousands of companies take action to reduce their carbon footprints and decarbonize. It’s critically important that those companies now begin to incorporate high quality carbon removal credits into their sustainability plans. By partnering with Isometric, these platforms can now offer buyers of all sizes the ability to secure credits certified against Isometric's scientifically rigorous protocols. In addition to the 12 platforms mentioned, other organizations are also leveraging key data from the Isometric Registry. Frontier, AlliedOffsets and CDR.fyi are all improving their offerings by integrating Isometric’s data. To support these partnerships, Isometric has launched an Application Programming Interface (API) for the distribution and management of its high quality carbon credits. Isometric’s Registry and MRV APIs allow users to seamlessly manage, transfer and retire credits in real-time. Broadening access to high-quality credits through integrations like these can expand the type and number of buyers in the market, which is critical to scaling the CDR industry.

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  • View organization page for Patch, graphic

    23,155 followers

    As part of London Tech Week our CEO & Co-founder Brennan Spellacy joined an intimate roundtable on carbon markets hosted by the Climate Crisis Advisory Group and joined by leading climate experts Sir David King and Mark Maslin. Under Chatham House Rules, discussion centered around the need for greater transparency and education on the vital role the VCM plays in driving climate action. Bringing together the tech industry and climate community will be vital in helping shape the VCM and our climate trajectory overall. We're proud to play a role in these critical discussions. #londontechweek #vcm

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  • View organization page for Patch, graphic

    23,155 followers

    🚨 Important webinar coming June 27 🚨 Featuring: Lucy Hargreaves, Patch Noah Deich, U.S. Department of Energy (DOE) Sam Israelit, Bain & Company Peter Reinhardt, Charm Industrial The U.S. government has recently made major moves in the carbon removal space — first by signalling the critical role high integrity voluntary carbon markets will play in scaling private climate finance, and second by revealing the DoE's semifinalists for the CDR Purchase Pilot Prize. This news means a lot to the supply side of the market, but it's potentially game-changing for buyers too. Why? The DoE just gave corporate sustainability leaders a procurement playbook for high-integrity, engineered CDR credits. Their diligence can help inform your strategy when it comes to funding cutting-edge climate solutions. That's why we brought together an expert from the DoE, a highly-sophisticated buyer of innovative CDR, and a developer of one of the semifinalist projects — to break down the economic impact of the Purchase Prize, the science underneath the projects, and a best-practice procurement process for novel CDR. Register now to save your spot: https://lnkd.in/gmNVJm8D

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  • View organization page for Patch, graphic

    23,155 followers

    In a massive step for transparency and consistency within the voluntary carbon market, The Integrity Council for the Voluntary Carbon Market (ICVCM) just released their first-ever Core Carbon Principles (CCPs) methodologies. These methodologies are clear, project-specific guidelines that have been developed by leading experts and will signal to buyers that any CCP approved credit is high-integrity. ✅ ✅ What does this mean for companies buying carbon credits? -- 💰 Buyers can now look for credits that have a “CCP-label”, indicating the project methodology has been vetted and approved by accredited experts ☑️ - which gives them confidence that the credits are aligned with industry leading standards. -- 📝 Project developers have a clear and consistent methodology, relevant to their project type, they can follow in order to have their credits be CCP approved. -- 📈 The first batch of guidelines, which ICVCM released today, includes methodologies for projects that destroy ozone depleting substances — guidelines for more project categories will be released over the coming months, bringing even more CCP approved credits to the market. So where can companies buy CCP-labeled credits? 👀 They're available today and easily accessed through the Patch platform, including Tradewater CCP-approved credits! 👏  ⬇️ Our expert Climate Solutions and Strategy team is well-versed in the Core Carbon Principles and the credits that align with these guidelines; they’re ready to help guide companies through these latest updates. Ready to get started? Reach out to Madeleine Phillips today! 📧

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  • View organization page for Patch, graphic

    23,155 followers

    🌳 Unlocking Access to High-Integrity Nature-Based Removals 🌳 Join us for our upcoming webinar on navigating the limited supply of high-integrity nature-based removals. In collaboration with re.green and Sylvera, we'll explore strategies for securing your place in line for these sought-after projects. Moderated by Ben Field, our panelist lineup is: Lygia Faiman (re.green) Jess Roberts (Sylvera) Adam Humphreys (Patch) Together they will share their expertise on: 🔍 Firsthand insights into the opportunities and challenges of multi-year offtake agreements. 📊 How Pre-Issuance assessments can mitigate risks and make offtake agreements more attractive. 📜 Practical tips on developing best-in-class offtake agreements to protect against delivery risks. 📅 When: June 6 - 8am PST | 11am EST | 4pm BST 🔗 Register here: https://hubs.la/Q02yzMTr0 #NatureBasedSolutions #CarbonRemoval #Offtakes

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  • View organization page for Patch, graphic

    23,155 followers

    In case you missed it, the U.S. Department of Energy (DOE) announced 24 innovative carbon removal project developers as “semifinalists” who can now compete to win up to $3M (!) for the sale of their credits directly to the DOE through the Carbon Dioxide Removal Purchase Prize 💰. This is an example of how government can really flex 💪 its spending power to catalyze the development of these essential climate solutions and help make them more accessible to private sector buyers. 📣 READ: Any company looking to support carbon removal now can benefit from the curation and expertise used by the DOE to select these high-integrity projects. Those interested in purchasing credits vetted by the DOE can access semifinalist project developers within Patch’s network, including Eion, Carbon Lockdown , CarbonCapture Inc., Charm Industrial, Vaulted Deep, Lithos Carbon and more through Patch’s new 🏛 Department of Energy collection. Join us, and the US government, in helping jumpstart these essential climate solutions. 🚀

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  • View organization page for Patch, graphic

    23,155 followers

    We’re glad we waited on Insights this month, since the second half of May was huge for the voluntary carbon market! In the May edition of Insights we’re looking at: - The massive signal the U.S. government sent with this week’s VCM framework announcement 🇺🇸🇺🇸 - The U.S. Department of Energy (DOE)'s unveiling of the CDR prize semifinalists and how buyers can leverage DOE’s curation and expertise for their own purchases ⚡️⚡️ - Some big trends from Ecosystem Marketplace and The World Bank annual carbon market reports 📗 🤓

    Patch Insights: May 2024

    Patch Insights: May 2024

    Patch on LinkedIn

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Funding

Patch 4 total rounds

Last Round

Series B

US$ 55.0M

See more info on crunchbase