Patlytics

AI-powered patent workflow platform that automates claim chart generation, patent infringement detection, patent application drafting, office action analysis, and portfolio optimization. Founded 2024, based in New York. $18.5M total funding: $14M Series A (Feb 2025, led by Next47) with Google’s Gradient Ventures, 8VC, Alumni Ventures, Liquid 2 Ventures, Myriad Venture Partners. Google-backed. Latham & Watkins advised on Series A. GC: Aryeh Richmond (ex-Netflix Product Legal Director, ex-Dapper Labs — Law360 Pulse). Named customers: Foley & Lardner LLP (AmLaw 50, adopted for patent workflows), Rivian (in-house IP operations, Lexology/LinkedIn coverage), Young Basile (IP boutique, cut patent workloads by 20% per case study PDF). Blog claims reducing patent drafting cost from $47,500 to $9,500 (vendor-claimed). Biotech company saved 10-15 hours per patent application (vendor blog). SOC 2 Type 2 + ISO 27001 + ISO 42001 certified — customer data encrypted, segregated, never used for training. G2: 3 reviews (‘easy to use…helps our team see issues they would normally miss’). Lexology: ‘the only drafting tool built from the ground up to support the entire patent drafting workflow in one environment.’ FoundThisAI ranks Patlytics #2 (Leader in Integrated Workflow) behind Solve Intelligence. Competes with PatSnap (incumbent, broader database), Solve Intelligence ($200/draft, lower-cost), Derwent Innovation (Clarivate), Orbit Intelligence. Harvey also entering patent workflows. Reddit r/patentlaw: mixed — ‘seems awesome’ from demo user but general AI drafting skepticism (‘outputs are universally poor’). SEP essentiality review and patent pruning are niche differentiators. Pricing: custom enterprise, not published.

Company Info

• Founded: 2024
• Team size: 11-50 employees
• Funding: $18.5M
• HQ: United States
• Sector: Gen, AIIP

What We Haven’t Verified

This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.