Solve Intelligence Raises $12M Series A to Build AI for Patents

As reported by TechCrunch, Artificial Lawyer, Business Insider, Law360, IPWatchDog, The Patent Lawyer, AIM Research, World IP Review, and other outlets, we are excited to share that we have raised a $12M Series A led by 20VC with strategic investment from Microsoft (via M12) and Thomson Reuters (via TRV), with participation from existing investor Y Combinator and others.

We're hiring: https://www.ycombinator.com/companies/solve-intelligence/jobs

IP teams around the World are using Solve Intelligence.

Since our launch in 2023, our customer base has been growing 25% month-on-month. 

Today, 200+ IP teams across the US, Europe, and Asia are using Solve Intelligence’s AI for patent application drafting, office action responses, and invention harvesting.

We are extremely thankful to all of our customers for choosing Solve Intelligence over the status quo. Their continuous product feedback and belief in our team to build the best and most trusted AI-for-patents product on the market makes this Series A as much their success as it ours.

Thomson Reuters and M12 investing will help us build the best AI-for-patents product.

Everything we do at Solve Intelligence is focused on building the best possible AI-for-patents products for our customers. We’re incredibly excited that M12 and Thomson Reuters are participating in this Series A round as strategic investors because it will enable us to deliver the best AI product for patent attorneys.

Microsoft is the most trusted brand amongst the legal community, and for good reason. Microsoft Azure uses state-of-the-art security, and security and confidentiality are the number one priorities of both Solve Intelligence and our customers. Our investment from M12, Microsoft’s venture fund, will help us unlock greater access to secure Azure compute resources, will enable us to serve state-of-the-art AI systems specialized for patents at scale in a 100% secure and confidential environment. Additionally, legal workflows are deeply embedded in Microsoft products, such as Microsoft Word.

Thomson Reuters is a phenomenally successful legal tech company. In addition to opening up more sales and distribution channels for Solve Intelligence as we continue to scale into more global and AmLaw firms, product integrations with Westlaw and CoCounsel are potentially on the horizon, and this will enable us to leverage proprietary legal and case law data sets as we expand our product offering.

The Series A capital will help us double-down on R&D and product.

We only hire the top 0.01% of engineers, researchers, and patent attorneys who are obsessed with building great products and moving super fast. The Series A is going to help us scale the discovery and recruitment of these unique talents to expand our product offering.

We’re already working with some of the largest pharmaceutical companies and top law firms in the World to expand our patent drafting and patent prosecution functionality to help with sequence listing, large molecule, and antibody patents. We’ll double-down on our R&D investment to build more functionality for life sciences customers.

In addition, we’ll be investing heavily in expanding our product offering beyond AI patent application drafting and AI office action response prosecution into AI freedom to operate analysis, AI claim chart generation, AI patent licensing, and AI patent litigation, as well as AI patent portfolio analysis and AI management tools for in-house IP teams.

Solve Intelligence will be the go-to platform for patents.

Our goal is to build the go-to AI-powered platform to help inventors, in-house teams, and outside counsel law firms collaborate across every part of the patent process.

We’ve started with patent application drafting and patent prosecution.

We’re now expanding into invention harvesting, freedom to operate analysis, claim charting, licensing, litigation, patent portfolio management, and more.

In 5-10 years, we expect the vast majority of in-house and outside counsel IP teams to be collaborating on the Solve Intelligence platform across every part of their patent workflows. Every inventor and R&D team will interface with their IP counsel via our software.

Solve Intelligence, guided by IP legal professionals, will be the core underlying software substrate powering the research and innovation in every technology company.

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