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Patlytics Analysis: $14M Raised

What is Patlytics?

Patlytics is an AI-powered patent intelligence platform that supports patent workflows from invention disclosure to infringement detection. The platform automates processes such as drafting, claim chart generation, and invalidity analysis, providing accurate data and insights for patent professionals. It serves a range of clients, including Fortune 500 companies and leading law firms.
Employees
11-50
Founded
2024
Industry
Legaltech, AI/ML
Latest Funding Amount
$14,000,000
Latest Funding Round Size
$14.0M

Product Features & Capabilities

  • Patent Application Drafting
  • Patent Infringement Detection
  • Patent Invalidity Analysis
  • Claim Charts
  • Patent Pruning
  • Patent Vault + Classification
  • AI-Powered Patent Invention Disclosure
  • AI-Powered Office Action Analysis

How much Patlytics raised

Funding Round - $14.0M

Recent

Other Considerations

Raised $14M Series A funding led by N47; Trusted by Fortune 500 companies and Am Law 100 firms; SOC 2 certified for data security; High customer satisfaction with significant efficiency gains reported

Gtm Strategy

Patlytics employs a hybrid go-to-market (GTM) strategy that combines elements of both product-led growth (PLG) and sales-led approaches.

Upon analyzing the Patlytics website, several key aspects of their GTM strategy emerged. The homepage prominently features a "Request a Demo" button, indicating a focus on engaging potential customers through direct interaction rather than solely self-service options. This suggests a sales-led approach, as it encourages users to connect with sales representatives for a personalized experience. However, the presence of educational resources, such as a blog that discusses patent processes and the benefits of AI, indicates an investment in self-service learning, which is characteristic of product-led growth.

The customer testimonials highlight significant efficiency gains, suggesting that users experience value from the product, which aligns with PLG principles. However, the testimonials also reflect structured enterprise sales cycles, indicating that Patlytics targets larger clients, such as Fortune 500 companies and law firms, which typically require more high-touch sales interactions.

Overall, Patlytics appears to optimize for both rapid user adoption through educational content and high-touch relationships for larger contracts, making their strategy a hybrid model that leverages the strengths of both PLG and sales-led growth.

Trade Show Presence

  1. IPO Annual Meeting 2025 - **Date**: September 7-9, 2025 - **Location**: Manchester Grand Hyatt, San Diego - **Booth**: #205 - **Notable Presentations/Showcase**: Patlytics showcased features such as "Detection Reporting," "Drafting + Office Actions," and "Invalidity + NPL." The event targeted law firms, in-house teams, and licensing teams, providing insights into their AI-powered patent solutions.
  2. LOT Network Bridge 2025 - **Date**: September 3, 2025 - **Location**: Menlo Park, CA - **Exhibit**: Live demos of their AI-powered platform - **Notable Presentations**: A panel discussion on "Generative AI in Practice," featuring experts from companies like Google and Canva. Patlytics CEO Paul Lee presented insights on AI's impact on intellectual property.

Reported Clients

  1. A leading IP law firm specializing in AI and patent prosecution - The president noted a significant decrease in time spent on routine drafting tasks, allowing for more focus on strategy and high-value legal work.
  2. A global Am Law 100 firm - The practice group head stated that Patlytics transformed their operations, reducing project time from around 100 billable hours to just 20.
  3. A leading cybersecurity company - The director of IP & litigation highlighted that Patlytics can create patent claim charts in just a few clicks, saving time and money.
  4. A publicly traded biotechnology company - The chief IP counsel recommended Patlytics for in-house IP departments looking to increase efficiency and reduce outside counsel bills.
  5. A nationally recognized firm specializing in patent litigation - An IP litigator mentioned that Patlytics significantly speeds up the research process.

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