PatSnap is the leading IP Analytic and Management platform that empowers even non IP-proficient users to understand this competitive landscape.
PatSnap's connected innovation intelligence platform helps you connect the right dots at every step of your innovation funnel.
PatSnap was founded in 2007 by Jeff Tiong. The company is headquartered in Singapore, with multiple offices around the world.
PatSnap has brought together the world's most comprehensive R&D dataset in one easy to use platform to help innovation leaders analyse tech trends, assess new opportunities, conduct competitor intelligence and maximise return on IP assets.
PatSnap’s flagship R&D Intelligence and IP Intelligence platforms use machine learning (ML), computer vision, natural language processing (NLP), and other artificial intelligence (AI) technology to provide innovation teams at many of the world’s largest companies.
PatSnap allow companies to gain visual and analytical overviews of IP portfolios to determine risk and reach management decisions that align with business strategy and future opportunities. It's AI-powered analysis delivers real tactical advantages, providing market understanding, competitor intelligence, partnership opportunities, fail-fast alerts and more.
PatSnap has more than 10,000 customers in over 50 countries around the world. Customers include Tesla, General Electric, Siemens, Dyson, PalPal, Spotify and Megvii.
PatSnap is backed by SoftBank Vision Fund 2, Accel, Tencent Investment, Sequoia China, Vertex Ventures, CPE Industrial Fund and others. The company raised $300M in Series E round on Mar 16, 2021. This brings PatSnap's total funding to $351.6M to date. The Series E round valued PatSnap at over $1B post-money.