Patlytics, a San Francisco, CA-based AI-powered patent workflow platform, has secured $14 million in Series A funding, bringing its total raised to $21 million.
Investors
The round was led by global venture firm Next47, with participation from existing investors, including Google's AI-focused venture fund Gradient, 8VC, Alumni Ventures, Liquid 2 Ventures, and Myriad Venture Partners.
Next47 is a global venture firm built for enterprise founders. Based in Silicon Valley, with offices in the US, Europe, and Israel, Next47 leads investments in early and expansion-stage companies, focusing on systems, infrastructure, and applications. The firm’s global team provides the domain expertise, specialized resources, and deep network that founders need to go from idea to category-leading business.
Patlytics Use of Funds
The funding will fuel Patlytics’ continued innovation in patent management. It will also help grow its team, deploy new product enhancements, and provide exceptional value to customers on a global scale.
About Patlytics
Founded by Paul Lee and Arthur Jen, Patlytics provides an AI-powered patent workflow platform to help corporations, IP professionals, and law firms streamline the entire patent lifecycle, from drafting and analysis to protection and monetization. The company’s LLMs and generative AI-powered engine are custom-built for IP-related tasks such as automating patent application drafting, invention disclosures, invalidity and infringement analysis, infringement detection, SEP analysis, and office action responses. Patlytics’ notable clients include Quinn Emanuel, Koch Disruptive Technologies, Google, Xerox, Abnormal Security, Richardson Oliver Law Group, Young Basile, and Reichman Jorgensen Lehman & Feldberg LLP.
Funding Details
Company: Patlytics, Inc.
Raised: $21.0M
Round: Series A
Funding Date: February 2025
Lead Investors: Next47
Additional Investors: Gradient, 8VC, Alumni Ventures, Liquid 2 Ventures, Myriad Venture Partners
Company Website: https://www.patlytics.ai/
Software Category: IP and Patent Management
Source: https://www.businesswire.com/news/home/20250224053849/