Patlytics, a San Francisco, CA-based provider of an AI-powered patent workflow platform, raised $4.5M in Seed funding.
The round was led by Gradient with participation from 8VC, Joe Montana’s Liquid 2 Ventures, Tribe Capital, Vermilion Ventures, Gaingels, Alumni Ventures, Position Ventures and angel investors including select partners from premier law firms and Datadog President Amit Agarwal.
The company intends to use the funds to enable corporations and law firms to accelerate their patent workflow techniques, including prosecution and litigation through the integration of generative AI.
Founded by CEO Paul Lee and CTO Arthur Jen, Patlytics provides an AI-powered platform that aims to empower professionals by automating key aspects of the patent process, including initial drafting and office action responses, infringement evaluation, advanced search, and competitor intelligence.
The company is working with partners across the spectrum, from in-house counsels for the Fortune 500 to leading law firms, including two of the top five IP focused practices, and more.
FinSMEs
11/04/2024