Profile
Corporate information
Official name
Patch Homes, Inc.
Also known as
Noah
Registration country
Investment activity status
Active investor
Company type
Modern finance company redefining how homeowners access their home equity.Overview
Noah is a modern finance company helping homeowners tap into their home value to meet their financial goals without incurring new monthly payments or interest. Founded in 2016 and headquartered in San Francisco, Noah’s innovative equity sharing model is a debt-free alternative to traditional home equity loans and HELOCs. By partnering with homeowners, Noah offers homeowners in select metro areas across the United States upfront financing in exchange for a share in a percentage of their home’s future appreciation or depreciation. Noah’s investors include Union Square Ventures, Breega Capital, and Techstars Ventures.
Funding
Funding rounds
Series A USD 5,000,000
USD 5,000,000 (12 Sep 2019)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Union Square Ventures LLC | Early stage venture capital firm | United States | Initial investment. Led the round. |
|
Breega Capital | European venture apital firm. | France | Initial investment. Round participant. |
![[node:title] photo](/sites/default/files/styles/icon/public/default_images/icon-person.png?itok=8SSzz6Wf "[node:title] photo"){kind=icon}
|
Greg Schroy | Initial investment. Round participant. | ||
|
Tribe Capital | Investment firm focused on using product and data science to engineer N-of-1 products, companies and investments. | United States | Initial investment. Round participant. |
|
TechStars LLC | United States | Follow-on investment. Round participant. |
Seed USD 1,000,000
USD 1,000,000 (25 Apr 2017)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Kima Ventures | French-based venture capital fund that focuses on strategic investments in early stage technology companies around the world. | France | Initial investment. Round participant. |
|
|
Nathan Blecharczyk | Initial investment. Round participant. | ||
|
|
TechStars LLC | United States | Follow-on investment. Round participant. |
(11 Jun 2016)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
TechStars LLC | United States | Initial investment. Round participant. | |
|
TechStars NYC | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Breega Capital European venture apital firm. |
Series A | |
|
|
Greg Schroy |
Seed Series A |
|
|
|
Kima Ventures French-based venture capital fund that focuses on strategic investments in early stage technology companies around the world. |
Seed | |
|
|
TechStars LLC |
Seed Series A |
|
|
|
TechStars NYC |
Seed | |
|
|
Tribe Capital Investment firm focused on using product and data science to engineer N-of-1 products, companies and investments. |
Series A | |
|
|
Union Square Ventures LLC Early stage venture capital firm |
+1 (212) 994-7880 |
Series A |