Patsnap

Powered by advanced AI, Patsnap helps IP and R&D teams collaborate and accelerate the entire innovation lifecycle.

General Information
Company Name
Patsnap
Founded Year
2007
Location (Offices)
Singapore +9
Founders / Decision Makers
Number of Employees
515
Industries
AI, Analytics
Funding Stage
Series E
Social Media

Patsnap - Company Profile

Patsnap, with its slogan "Powered by advanced AI," is a leading player in AI-powered innovation intelligence, offering a user-friendly platform that transforms collaboration for IP and R&D teams throughout the innovation lifecycle. Established in 2007 and headquartered in Singapore, Patsnap caters to over 12,000 companies globally in diverse sectors like life sciences, manufacturing, engineering, automotive, consumer goods, law firms, and technology. The company recently secured a $300.00M Series E investment on 16 March 2021, with participation from prominent investors including Vertex Ventures, Shunwei Capital, Sequoia China, SoftBank Vision Fund, CITIC Industrial Investment Group, and Tencent.

This successful round of funding signifies the confidence that top-tier investors have in Patsnap's AI-driven approach to innovation collaboration. The company's strong presence in the analytics industry, combined with its recent hefty investment, positions Patsnap as a potential game-changer in revolutionizing the innovation landscape. With its impressive track record and the backing of major industry players, Patsnap is set to further accelerate its growth and solidify its position as a key player in AI-powered innovation intelligence.

Taxonomy: IP management, R&D acceleration, Innovation intelligence, Patent insights, Market intelligence, Technology intelligence, Competitive intelligence, Innovation lifecycle acceleration, Global customer base, Industry sectors diversification, Innovation platform, Proprietary AI, Commercialization support, Innovation process optimization, Global market reach

Funding Rounds & Investors of Patsnap (6)

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Funding Stage Amount No. Investors Investors Date
Series E $300.00M 6 Tencent, Sequoia Capital China +1 16 Mar 2021
Series D Unknown 2 10 Oct 2018
Series D $38.00M 3 Sequoia Capital China 15 Jun 2018
Series C Unknown 3 Sequoia Capital China 21 Nov 2016
Series B $10.00M 2 17 Dec 2015

View All 6 Funding Rounds

Latest News of Patsnap

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