PatentPal
PatentPal uses machine learning and natural language processing to autogenerate patent applications.
Business Model: SAAS
Revenue: $0
Employees: 1-10
Rankings
Detailed PatentPal Information
Geographic Data
Address:
City: Foster City
State: California
Zip:
Country: United States
Financial Info
Stage:
pre seed
Raised Last:
$250k
Raised Total:$250k
Social
Metrics
5,831,360Website Global Rank
1,379Website Monthly Traffic
Twitter Followers
Description
PatentPal is building language technology to auto-generate patent applications. Patent attorneys bill clients at $15k per patent, fixed-fee. The patent drafting market is $9B in the US, $32B worldwide, and growing each year. The current product automates the first five hours of drafting a patent, representing a 20% productivity boost towards a patent that would otherwise take 25 hours to draft. Using our technology, a law firm can increase annual profits by $20M. We recently launched into open beta and have acquired initial revenue. Our mission is to capture the rapidly-expanding global intellectual property market.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2020 | Pre Seed Round | 1 | $250k |
Foothill Ventures Foothill Ventures |
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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