Homeownership is a journey
Our mission is to help you make the most of it – every single day.
Owning a home is one of life's great joys. But it doesn’t feel great when you’re working hard and still having to choose between making your monthly payments and living the life you want. We believe homeownership shouldn't come at the expense of other important financial goals, like putting away savings to invest in your future, helping your children with college tuition, or budgeting for a few “wants.”
Like most stories about homes, Noah is really a story about family.
Sahil's Dad builds a family home that inspires all Noah contracts to come. As a young father, he didn't want to take on debt, and so he asked his younger brother for help in the form of an investment in their family home. Sahil's uncle put up the money and the house was built.
Thirty-something years later, Sahil's friend mentioned the difficulties he was facing trying to tap into his home equity because he was self-employed. The bank's lack of flexibility sparked an idea.
In 2016, Sahil started Patch Homes to create a more flexible option for homeowners to cash out their home equity and unlock their accumulated wealth, with seed funding from Techstars, Greg Schroy, Nathan Blecharczyk (co-founder, Airbnb), Brian Thomas (co-founder, Clutter) and others.
The Patch family grows with Series A investment from Union Square Ventures, with participation from Tribe Capital, and existing investors Techstars Ventures and Breega Capital.
Patch officially becomes Noah, doubling down on its mission to provide better options for homeowners to access their hard-earned equity.