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Patlytics raised $14 million in a Series A funding round led by Next47 to enhance its AI-powered patent workflow platform.

Feb 24, 2025•10 months ago

Amount Raised

$14 Million

Round Type

series a

New Yorkinformation technology & servicesMachine LearningArtificial IntelligenceAnalytics

Investors

Myriad Venture PartnersLiquid 2 VenturesAlumni Ventures8 VcGradientNext47

Description

Patlytics has closed a $14 million Series A round with Next47 leading the investment, supported by existing investors including Google's Gradient. This funding will allow Patlytics to strengthen its position in AI-driven intellectual property management.

Company Information

Company

Patlytics

Location

New York, New York, United States

About

Patlytics is an AI-powered patent analytics platform that aims to help enterprises, IP professionals, and law firms speed up their patent workflows from discovery, analytics, comparisons, and prosecution to litigation.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech