IPlytics, a Berlin, Germany-based market intelligence startup, closed a 6-digit seed funding round.
High-Tech Gründerfonds (HTGF) made the investment, whose exact amount remained undisclosed.
Founded as spin-off from TU Berlin’s innovation economics department by Dr. Tim Pohlmann, CEO, IPlytics provides a SaaS-based market intelligence and technology trending platform that connects millions of data points on relevant market activities, allowing companies to make better business decisions. According to a written note, the company’s solution aims to answer to critical questions such as: Who is the technology leader in a market segment? Who holds the relevant IP and how valuable is it? How does competition develop? Who are new market entrants or upcoming start-ups? What are new technology trends and who is investing?
The user can subscribe to the platform on a monthly basis, logs-in to the tool with any browser and simply enters a keyword. IPlytics then provides visual results on the latest technology trends, market positions and company performances. leverages the use of patent, standards and company data to calculate statistical value and trend indicators. All data sources are publicly available and constantly updated to ensure transparency and up-to-date information.
The company cooperates with scientific research organizations such as Fraunhofer, TU Berlin, ParisTech or Northwestern Chicago to guarantee reliable data processing and data calculation methods.