The patent system is broken. The inefficiencies in patent search, prior art analysis, drafting, protection, and management not only slow down innovation but also create barriers for those looking to protect their breakthroughs. Legal teams must sift through millions of prior patents, manually draft claims, and ensure compliance with evolving regulations—all while maintaining accuracy and uniqueness. It is a notoriously slow and expensive process.
The Answer? Patlytics
Patlytics unlocks massive productivity gains across the patent lifecycle. What sold us on Patlytics versus the competition was the breadth and depth of their AI-native platform, from patent prosecution, litigation, and pruning to the invention disclosure processes. Patlytics’ advanced large language models and generative AI-powered engine custom-built for IP are transforming the discovery, analytics, and reporting of intellectual property while staying laser-focused on high-quality outputs and accuracy.
Today, we are excited to announce that we are leading a $14M Series A investment in Patlytics, and are thrilled to partner with co-founders Paul Lee and Arthur Jen. Paul and Arthur are college friends who studied engineering together at the University of Waterloo. Through their respective career paths (Paul to venture capital, Arthur to co-founding Magic), the two experienced firsthand the frustrations of patent filing and enforcement and decided there must be a better way. We’ve personally known Paul for many years and jumped at the chance to work with him.
Patlytics has undergone an 18x expansion in its customer base within six months. They are the trusted partner to leading Fortune 500 companies and AM 100 law firms like Quinn Emanuel, Koch, Google, Xerox, Abnormal Security, Richardson Oliver Law Group, Young Basile, and Reichman Jorgensen Lehman & Feldberg.
The team’s work ethic and pace of product development is unmatched. The Patlytics platform is an end-to-end approach that solves:
- Patent Application Drafting: Transform invention disclosures into draft patent applications, including claims and specification, in minutes with Patlytics’ drafting agent.
- Invention Disclosures: Accelerate innovation capture. Efficiently draft and evaluate invention disclosures with automated prior art searches and patentability assessments.
- Office Action Responses: Streamline prosecution with AI analysis and customizable templates to quickly generate high-quality responses to office actions.
- Workspace Collaboration: Collaborate securely with customizable access controls for all intellectual property tasks.
- Portfolio Management: Unlock the full potential of IP assets. Auto-classify, evaluate, and optimize IP assets for strategic decision-making.
- Invalidity Analysis: Assess § 102 anticipation and § 103 obviousness; generate detailed claim charts with element-by-element analysis.
- Infringement Detection: Streamline Evidence of Use (EOU) discovery with Patlytics’ search agent. Map patents to products, detect infringement across targeted companies and assess the infringement read.
- Infringement Analysis: Analyze potential infringement (and non-infringement) of issued and potential patents.
- SEP Analysis: Maximize standard-essential patent portfolio. Conduct in-depth analysis of patents against technical standards to identify potential Standard Essential Patents (SEPs) and assess their value.
We see a future where Patlytics is the gateway to everything related to the patent lifecycle. It begins by automating tedious work but will eventually lower the friction in filing patents, fostering a more dynamic ecosystem of IP creation, prosecution, and enforcement. We couldn’t be more excited to partner with Paul and Arthur in their dedication to driving innovation through patents.
