Patch’s cover photo
Patch

Patch

Environmental Services

San Francisco, California 28,972 followers

Your guide to navigating the carbon market

About us

Patch combines technology and carbon markets expertise to help companies build and execute their carbon credit strategies from end to end — channeling capital into critical climate solutions.

Website
https://patch.io
Industry
Environmental Services
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

    28,972 followers

    “The potential of [technology] to remove carbon at scale is way further ahead than what I actually knew.” Juliet Russell was gracious enough to share her thoughts at a site visit to Carbo Culture's Helsinki biochar facility. Hard-to-abate industries like fashion and textiles need at-scale solutions for residual emissions sooner rather than later. That’s why industrial biochar is an exciting technology. People are often surprised to see the capacity and sophistication of these facilities. It’s proven they can scale — but they often need to prove demand to secure investment. That’s where Patch comes in. We help our clients craft catalytic carbon market strategies that balance immediate needs like durable carbon removal access for today’s residual emissions alongside channeling funds toward scaling up promising technologies.

  • View organization page for Patch

    28,972 followers

    While you're manually collecting pricing and inventory information from your RFP spreadsheets, those quotes could be quickly becoming less accurate — even obsolete. That's the reality most sustainability teams face when sourcing carbon credits. You send criteria to vendors via email or WhatsApp, receive varying formats of information back, and copy-paste everything into one massive spreadsheet to make decisions. The problem? By the time you're ready to procure, availability has changed and pricing has shifted. You're working with stale offers. Something has to change in carbon credit procurement before the voluntary market can truly scale. Here’s what a more efficient process looks like. Our Head of Product Marketing Marisa Almeida walks through how Patch centralizes sourcing, tracks real-time offers from across the VCM, and handles final negotiation — all transparently through the platform. No more chasing down vendors for updates. No more missing projects you've been tracking. No more wondering if you're getting the best deal.

  • View organization page for Patch

    28,972 followers

    "There's a real connection between the health of our patients and the planet and sustainability." Thanks to Dan Rogers from AstraZeneca for sharing your thoughts at our Helsinki biochar site visit — part of an event we hosted with our partners at Carbo Culture. Dan's focus isn't just on the health-planet connection, but on catalyzing climate solutions that can actually scale. Biochar is one of those solutions. The process transforms agricultural waste into a stable form of carbon that stays locked away for centuries while improving soil health. It's carbon removal that creates co-benefits — better soil, better crops, and permanent carbon storage. The scalability piece is what matters most. We're not going to solve climate change with solutions that only work in pilot projects. We need pathways that can grow from thousands of tonnes to millions of tonnes of CO₂ removal. Dan's tour highlighted why partnerships between pharmaceutical companies and climate tech are so powerful. Both industries understand the importance of rigorous science, long-term thinking, and solutions that can reach massive scale.

  • Patch reposted this

    View profile for Sophie Graham

    Chief Sustainability Officer, IFS

    🌿 Wrapping up a bigger-than-ever London Climate Action Week! With over 700 events (more than double last year), it was great to connect with other CSOs, partners, customers and investors throughout the week. #LCAW   💡 Highlights included attending the SustainableIT.org summit, meeting the CIOs who are leading from the front on sustainability in tech, and collecting the Responsible AI Impact Award on behalf of IFS #industrialAI. I took part in an insightful Patch panel on pragmatic climate action and reconnected with peers at The Economist CSO leaders club for a fasincating take on the world ahead. 📝 My takeaways:  ▪ The role of business in climate action is more critical than ever, and the case for sustainability remains strong – particularly given the fast rate of change. A recent World Economic Forum report showed companies incorporating sustainability are 1.4x more likely to achieve innovative breakthroughs. AI is presenting tangible opportunities to accelerate the transition to a low-carbon economy, with emerging best practice and toolkits.  ▪ There’s clear momentum in the investor community to further embed climate risk and climate resilience into decision-making. Impact measurement was also a hot topic, and increased standardization in this area will act as a catalyst.  ▪ A global focus on energy independence and security means a surge in renewables coming onto the grid. China is leading the way, where growth of green energy has outpaced energy demand, reducing its dependence on imported energy – and emissions are starting to fall. Next-generation geothermal systems will be one to watch, with the biggest potential for renewable electricity generation after solar, falling costs, and skills that already exist in the fracking industry. Caitlin Keam Michael Batstone Madeleine Evans Harry Chapman Iulia-Lorena Rus Helena Nimmo Øistein Jensen Steve Rovniak Dave Best

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  • View organization page for Patch

    28,972 followers

    “Don’t tell me climate action isn’t happening.” That's the theme from London Climate Action Week going on right now, and yesterday's session with 30+ carbon buyers is more proof. Here are a few key quotes and takeaways from the event: ‣ “Alignment with your CFO is critical to sustainability program success.” ‣ There's a strong need to tackle near term warming impacts of short-lived but powerful greenhouse gases (like methane and super pollutants) ‣ Get legal teams involved early ‣ “There’s no one size fits all approach to carbon markets, but being a first mover has been a huge advantage.” ‣ “The greatest risk in carbon markets is to do nothing.” Thanks to our expert panelists Randy Spock of Google, Alexander Farsan of Klarna, Sophie Graham of IFS, Stuart Leckie of Capgemini, Tom Spencer of Swiss Re, and our own Ben Field and Joe Cruttwell. #CarbonMarkets #NetZero #Sustainability #CarbonCredits

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  • View organization page for Patch

    28,972 followers

    #Biochar has been one of the most requested #carbonremoval technologies on our platform over the past six months. It's obvious why: biochar offers durable carbon removal at reasonable prices — often with valuable co-benefits. But even though demand is strong, it's surprisingly difficult to see what biochar projects are actually available in the market and at what prices. This lack of transparency creates real problems. Buyers can't easily find and evaluate projects, while developers struggle to connect with the right customers. When markets don't have clear information flows, good projects get overlooked and capital doesn't reach the most promising solutions. Biochar has genuine potential as a climate solution, but that potential is constrained by basic market infrastructure gaps. The technology works — we just need better ways to connect supply and demand. Marisa Almeida, our head of product marketing, takes you into the platform to show how Patch is solving this disconnect.

  • View organization page for Patch

    28,972 followers

    If you save on carbon credits, are you taking money out of the pockets of developers? Our CEO Brennan has the answer.

    View profile for Brennan Spellacy

    CEO @ Patch - Running carbon programs end to end

    One of our climate strategists had a call with a customer; they were showing off our platform’s price compression capabilities — things like aggregating demand to unlock bulk pricing, reverse auctions, fee transparency, price insights, etc. The sustainability leader started to get uncomfortable at the thought of paying less for the same carbon credit. In their eyes, they were looking to deploy dollars toward scaling climate solutions. The idea of negotiating down the price seemed counterproductive to that goal. That’s not the predominant view among carbon market players — price per tonne is still a major consideration among most of the buyers we talk to. But it’s still something to interrogate: Why is it good to compress pricing in a sector that’s so hungry to prove demand? To answer that question, you need a bit of a deeper understanding of how the VCM works. It’s fragmented, and it’s really hard to know everything that’s available at a point in time and what it costs. On top of that, tranches of credits from one project and vintage might be for sale by multiple parties (brokers, aggregators, the developer itself) at different price points — which means different margins. Altogether this means the market is opaque. If you can only see a sliver of it at any moment in time, you can’t know what fair market value is for a given project. You can’t know if there are other credits that meet your criteria at a better price. It’s obviously bad for buyers who need to run a competitive process to prove business value. But it’s also bad for the market. Patch's theory of change is to productize climate impact and unleash the scaling power of capitalism. We don’t know which solutions will ultimately scale the fastest or which ones will be the most cost-effective. When opacity — or charity — inflates prices, it can distort the market. This can also happen in the opposite direction. The lack of integrity in VCM 1.0 artificially lowered prices. The market was flooded with an oversupply of cheap credits which represented less of an impact vs. what was promised. The market was chilled, the reputational hit was enormous, and we needed a major correction. VCM 2.0 needs much more accurate pricing — read: matching supply to demand. The key is transparency. At any given moment, a buyer should be able to know the full breadth of available credits that meet their criteria and price points so they can make the right decision for their strategy. That’s what we’re building in the Patch platform. As you can see from the chart (link in the comments below) — the savings for the buyer can be significant, but suppliers are on board because the larger, aggregated demand is a major incentive. I’d love to show it to you. If you’re a buyer, leave a comment and I’ll get you a demo — no strings attached.

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  • View organization page for Patch

    28,972 followers

    A "request for information" or #RFI is the typical process you'd run to get a sense of prices and tonnage available on the #voluntarycarbonmarket at any given time. This is a highly manual process — even for sophisticated buyers. You email/text/slack your list of vendor contacts and enter their information in a spreadsheet. This can take days. Prices may change faster than you can collect the data. You're always limited by the size of your vendor network. It's a common pain point in the sourcing phase, but Patch has a solution. Here's our head of product marketing Marisa Almeida demoing an RFI for #durableCDR in the platform.

  • View organization page for Patch

    28,972 followers

    We've curated an all-star sustainability panel at London Climate Action Week: Sophie Graham, Chief Sustainability Officer, IFS Randy Spock, Carbon Credits and Removals Lead, Google Stuart Leckie, Global Climate Program Manager, Capgemini Alexander Farsan, Head of Climate and Environment, Klarna Tom Spencer, Environmental Management Specialist, Swiss Re This will be a hands-on, BUYER-ONLY workshop on how to run a high-integrity, high-impact carbon credit program. Come prepared to learn, come prepared to contribute. You can find out more and apply to attend here: https://lnkd.in/gGWFMcw8

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Funding

Patch 4 total rounds

Last Round

Series B

US$ 55.0M

See more info on crunchbase