Legit, a Cambridge, MA-based provider of software for intellectual property creators, raised $2.6m in seed funding.
The round was led by Eniac Ventures with participation from Elementum Ventures and Max Ventures.
The funding will support key hires.
Led by Matt Osman, Co-founder and CEO, Legit provides creators of intellectual property – researchers, scientists and engineers at technology companies – with a natural language processing (NLP) software platform that uses patent-pending technology to determine the patentable aspects of what they are working on, to efficiently turn their ideas into inventions using artificial intelligence.
The company’s team has three PhDs, 30+ years experience filing patents collectively, and has published more than 120 publications on Machine Learning and Artificial Intelligence.