Patlytics, a San Francisco, CA-based provider of an AI-powered patent workflow platform, raised $14M in Series A funding.
The round was led by Next47. Existing investors, including Google’s AI-focused venture fund Gradient, 8VC, Alumni Ventures, Liquid 2 Ventures, and Myriad Venture Partners also participated.
The company intends to use the funds to double down on its innovation culture, and deliver meaningful outcomes across the patent lifecycle. Key 2025 product advancements include:
- Patent Application Drafting — Transform invention disclosures into draft patent applications, including claims and specification, in minutes with its drafting agent.
- Invention Disclosures — Accelerate innovation capture. Efficiently draft and evaluate invention disclosures with automated prior art searches, and patentability assessments.
- Invalidity Analysis — Assess § 102 anticipation and § 103 obviousness; generate detailed claim charts with element-by-element analysis.
- Infringement Detection — Streamline Evidence of Use (EOU) discovery with Patlytics’ search agent. Map patents to products, detect infringement across targeted companies, and assess the infringement read.
- Infringement Analysis — Analyze potential infringement (and non-infringement) of issued and potential patents.
- Standard Essential Patent (SEP) Analysis — Optimize SEP portfolios. Conduct in-depth analysis of patents against technical standards to identify potential SEPs and assess their value.
- Portfolio Management — Generate IP assets. Auto-classify, evaluate, and optimize IP assets for strategic decision-making.
- Office Action Responses — Streamline prosecution with AI analysis and customizable templates to quickly generate high-quality responses to office actions.
- Workspace Collaboration — Collaborate securely with customizable access controls for all intellectual property tasks.
Led by CEO Paul Lee, Patlytics generates massive productivity gains across the patent lifecycle, from patent prosecution, litigation, and pruning to invention disclosure processes. Patlytics’ advanced large language models (LLMs) and generative AI-powered engine custom-built for IP is transforming the discovery, analytics, and reporting of intellectual property. Its platform enables patent professionals to streamline workflows, enhance decision-making and IP protection, and reduce costs.
It is used by Fortune 500 companies, Am Law 100 law firms, and enterprise innovators across invention sectors, including Foley & Lardner LLP, Google, Koch Disruptive Technologies, Abnormal Security, Richardson Oliver Law Group, and more.
FinSMEs
24/02/2025