Patlytics Secures $4.5 Million Led By Gradient, Googles Ai-fund, To Transform Patent Intelligence With Ai

By Author: jamescolin
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Patlytics, a revolutionary patent workflow platform powered by artificial intelligence, recently secured $4.5 million in seed funding led by Gradient, Google's AI-focused venture fund. Other notable investors include 8VC, Joe Montana’s Liquid 2 Ventures, Tribe Capital, Vermilion Ventures, Gaingels, Alumni Ventures, Position Ventures, and undisclosed angel investors, including partners from prestigious law firms and Datadog President Amit Agarwal.

Unlike traditional methods that heavily rely on manual input, Patlytics' AI-driven platform aims to streamline the patent process by automating tasks such as initial drafting, office action responses, infringement evaluation, advanced search, and competitor intelligence. This innovative approach doesn't seek to replace patent professionals but rather to empower them.

Paul Lee, Co-founder and CEO of Patlytics, emphasized the transformative potential of AI in the patent intelligence space. He noted that the platform is designed to complement the technical and legal expertise of patent professionals, serving as an indispensable ally throughout the patent lifecycle.

Darian ...
... Shirazi, General Partner at Gradient, highlighted the ongoing importance of protecting intellectual property across various industries, particularly as companies integrate AI into their products. He expressed excitement about partnering with Patlytics to revolutionize intellectual property protection through AI innovation.

Arthur Jen, Co-founder and CTO of Patlytics, underscored the platform's commitment to enhancing efficiency and providing insights while prioritizing data security and privacy. By collaborating with Fortune 500 companies, leading law firms, and other partners, Patlytics aims to reshape the landscape of IP protection.

Read More: https://www.techdogs.com/tech-news/business-wire/patlytics-secures-45-million-led-by-gradient-googles-ai-fund-to-transform-patent-intelligence-with-ai