Patlytics, an artificial intelligence platform purpose-built for intellectual property law, has secured a $40 million Series B funding round led by venture capital firm SignalFire. This new investment is expected to accelerate product development and support the company’s global expansion. Patlytics says it already serves more than 40% of Am Law 100 firms’ IP practices, underscoring growing demand for specialized AI solutions designed for the complexity of the intellectual property sector.
Transforming Intellectual Property Workflows
The Patlytics platform provides legal professionals with an end-to-end solution for managing the patent lifecycle, from invention harvesting to portfolio management. It supports key workflows including application drafting, infringement analysis, invalidity contentions, and transactional due diligence. The system is designed specifically for the structural demands of intellectual property law, where matters often involve complex and high-stakes strategic decisions.
According to the company, clients using the platform have reported substantial efficiency gains, including up to an 80% reduction in project time and savings of more than $30,000 per claim chart. Corporate users such as Rivian have said the platform can turn raw inputs into structured, review-ready drafts, giving attorneys a stronger starting point and reducing rework on complex patent matters.
Strategic Adoption by Industry Leaders
Patlytics has gained adoption among major law firms and corporate legal teams, with customers including Quinn Emanuel, Foley & Lardner, Canon, and Xerox. This level of adoption points to the platform’s growing role in high-stakes legal environments where accuracy, speed, and workflow efficiency are critical.
These firms and companies use Patlytics across matters such as active litigation, strategic patent prosecution, and complex licensing work. Yury Kapgan, a partner at Quinn Emanuel, said the platform helps accelerate important patent workflows and allows teams to expand their coverage while maintaining the level of quality required by clients and courts.
Fueling Future Innovation and Expansion
The new capital will primarily support continued product development and help strengthen the company’s position in the IP technology market. Near-term priorities include an AI-native collaboration suite intended to create a shared workspace for law firms and corporate IP teams. Patlytics also plans to build domain-specific AI agents designed to handle tasks such as research and portfolio triage.
Another development priority is expanding the platform’s capabilities for chemistry and biology use cases, extending its purpose-built drafting tools into broader analysis and prosecution workflows. Alongside these product investments, Patlytics is also expanding internationally with the appointment of Vasheharan Kanesarajah as Head of EMEA and the opening of a new London office, adding to its presence in North America and Asia-Pacific.
This Series B funding marks an important milestone for Patlytics as it works to expand its platform and international footprint. As SignalFire partner Wayne Hu said in the announcement, the company is building a unified platform tailored specifically to patent law. With IP professionals facing increasing pressure to move faster and manage greater complexity, Patlytics is positioning itself for continued growth in the legal technology market.