Licensing Intelligence and AI-Driven Prior Art Search and Patent Landscape for Patents
Business Model: SAAS B2C
Revenue: $0
Employees: 11-50
Address:
City: San Francisco
State: California
Zip:
Country: United States
One of the core purposes of legal tech products is to shrink the time and effort needed for early case management and trial preparation. To achieve that goal, DataNovo has created the first AI- and machine learning-based system that offers three core features: (1) licensing; (2) AI-driven prior art searches; and (3) patent analytics. For licensing, with a single key stroke, DataNovo&s;s Software-as-a-Service platform allows any individual or corporate entity to identify potential infringers and associated infringing products to every U.S. patent, and helps patent owners advance monetization efforts and secure licensing opportunities. For AI-driven prior art searches, with a single patent number (instead of keywords), DataNovo offers users the best prior art against that patent instantaneously. Using artificial intelligence and machine learning, DataNovo aims to reduce search speed, improve result accuracy, and minimize cost. Companies interested in patent landscape can also use DataNovo&s;s patented platform to check if their new product may infringe on any existing patent. For patent analytics, which are suited for patent owners or business competitors who are looking to gather, analyze, and assess patent validity strength before pursuing or defending patent lawsuits, advancing licensing deals, or structuring M&a;A transactions, DataNovo&s;s business intelligence helps facilitate real-world settlement, licensing, and purchase negotiations. With DataNovo, companies are able to obtain stronger, more defensible patents, challenge frivolous lawsuits, assess critical licensing or infringing intelligence, and make informed business and strategic decisions throughout the companies&s; life cycles.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2019 | Pre Seed Round | $122k |
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