Patlytics raises $14m Series A to transform AI-powered patent intelligence

Patlytics, an AI-driven patent intelligence platform, has secured $14 million in a Series A funding round led by global venture firm Next47. The investment round also saw participation from existing backers, including Google’s AI-focused Gradient Ventures, 8VC, Alumni Ventures, Liquid 2 Ventures, and Myriad Venture Partners. With this latest funding, Patlytics has now raised a total of $21 million in just nine months, underscoring the accelerating demand for AI-powered patent management solutions.

The company is pioneering a shift in the intellectual property sector, where corporations, law firms, and inventors are increasingly turning to automation and artificial intelligence to streamline workflows, enhance decision-making, and protect patent assets. By leveraging advanced large language models (LLMs) and generative AI, Patlytics is introducing efficiency and precision into traditionally labor-intensive patent processes.

Why Is AI-Powered Patent Management Gaining Traction?

Intellectual property management is a complex and resource-intensive process that demands meticulous attention to patent drafting, infringement analysis, and litigation strategies. Traditional methods require extensive manual input from patent professionals, often leading to inefficiencies and increased legal costs. With the growing adoption of AI-powered patent management, companies and law firms are now able to optimize patent workflows while reducing the risk of human error.

Patlytics has emerged as a frontrunner in this space by developing AI-driven patent analytics that enable businesses to accelerate the drafting, prosecution, and enforcement of intellectual property. Its generative AI models can analyze vast volumes of patent data, conduct automated prior art searches, and generate claim charts for validity and infringement assessments—tasks that traditionally required significant human effort.

Matthew Cowan, general partner at Next47, emphasized that Patlytics is setting new industry benchmarks by delivering secure and scalable AI-driven solutions. He noted that the company’s rapid customer adoption and enterprise-focused platform underscore the value of integrating artificial intelligence into intellectual property workflows.

How Is Patlytics Expanding Its Market Reach?

Patlytics has experienced exponential growth, reporting an 18x expansion in its customer base over the past six months. The company’s AI-powered patent intelligence platform has been adopted by Fortune 500 corporations, Am Law 100 law firms, and leading technology innovators. Notable customers include Google, Xerox, Koch Disruptive Technologies, Abnormal Security, Richardson Oliver Law Group, Young Basile, and Reichman Jorgensen Lehman & Feldberg LLP.

Paul Lee, CEO and co-founder of Patlytics, stated that the latest investment will enable the company to scale its AI capabilities, expand its expert team, and enhance its presence in the global market. He highlighted that AI is now playing a pivotal role in transforming intellectual property strategies by offering deeper insights and operational efficiencies that were previously unattainable.

What Role Will Leadership and Advisory Expertise Play in Patlytics’ Growth?

As part of its expansion strategy, Patlytics has appointed Eric Lin as vice president of strategy. Lin, a seasoned intellectual property litigator with experience at top-tier law firms such as Paul Hastings LLP and Morrison & Foerster LLP, will focus on refining the company’s high-impact patent intelligence solutions. His expertise in handling complex IP litigation cases will be instrumental in shaping Patlytics’ AI-driven patent analytics.

The company has also assembled a distinguished advisory board consisting of IP and legal experts from industry leaders such as Google, IBM, Latham & Watkins LLP, Datadog, and Koch Companies. The advisory board, which includes figures like Stephen MacKenzie, Bob Steinberg, Eugene Goryunov, and Yury Kapgan, will guide Patlytics in its mission to build a holistic patent intelligence ecosystem.

Bob Steinberg, a member of the advisory board and former global chair of IP litigation at Latham & Watkins LLP, emphasized that Patlytics is setting a new standard for patent intelligence software. He highlighted that its AI technology can automatically conduct technical discovery, generate detailed claim charts, and provide unbiased analysis—offering businesses cost-effective access to critical patent data while minimizing litigation inefficiencies.

How Will Patlytics’ AI Technology Shape the Future of Patent Intelligence?

Patlytics’ AI-powered platform is designed to enhance patent intelligence software through a suite of advanced solutions that streamline the patent lifecycle. The company’s proprietary AI models enable businesses and law firms to improve the efficiency of patent drafting, infringement detection, and portfolio management.

Among its key innovations, Patlytics offers AI-driven tools that automate patent application drafting, generate office action responses, and facilitate prior art searches. Additionally, its AI-powered patent management platform enables businesses to conduct in-depth infringement analysis, identify standard-essential patents (SEPs), and optimize intellectual property portfolios.

By integrating AI into patent intelligence, Patlytics is not only accelerating the patent prosecution process but also enabling businesses to make data-driven decisions that enhance the strategic value of their intellectual property assets.

How Does Patlytics’ Series A Funding Compare to Its Previous Investment Rounds?

Patlytics’ Series A funding follows its previous $4.5 million seed round in April 2024, which was led by Gradient Ventures. At the time, the investment was aimed at helping corporations and law firms integrate AI into their patent workflow techniques, particularly in areas such as prosecution, litigation, and competitive intelligence.

Since then, the company has rapidly scaled its AI-driven patent analytics, securing a strong foothold in the industry. The latest funding round will allow Patlytics to further refine its AI-powered patent management solutions while expanding its customer base across key global markets.

Darian Shirazi, general partner at Gradient, emphasized that AI is becoming an essential component of intellectual property protection across industries, including technology, pharmaceuticals, and automotive. He noted that Patlytics’ ability to automate and optimize patent workflows positions it as a leader in the AI-powered patent intelligence space.

What’s Next for Patlytics and AI-Driven Patent Management?

With the latest funding, Patlytics is poised to further its mission of transforming patent intelligence through AI. The company plans to invest in continued product innovation, expand its global operations, and strengthen its partnerships with enterprise customers.

As AI continues to reshape the intellectual property landscape, Patlytics is cementing its position as a leading provider of AI-powered patent management solutions. By offering businesses and legal professionals an advanced AI-driven approach to patent intelligence, the company is driving efficiency, reducing costs, and empowering organizations to navigate the complexities of intellectual property with greater precision.