Solve Intelligence Secures $12M to Enhance AI Patent Tools

Solve Intelligence has raised $12 million in a Series A funding round led by 20VC, with participation from Microsoft's Venture Fund (M12) and Thomson Reuters Ventures. The Delaware-based startup focuses on improving patent workflows using generative AI, serving over 200 IP teams globally.

The funding will be used to scale Solve Intelligence's AI-for-patents platform, which assists in patent application drafting, office action responses, and invention harvesting. The company plans to expand its team and open a new office in New York, while also enhancing its product offerings for life sciences and other sectors.

Solve Intelligence's AI model is integrated into an in-browser document editor, similar to Google Docs, tailored for patent attorneys. The platform allows customization of AI outputs to match individual drafting styles, which is a key feature appreciated by its users. The startup's strategic partnerships with Microsoft and Thomson Reuters are expected to deepen product integrations and expand its market reach.

The Series A round brings Solve Intelligence's total capital raised to $15 million, with previous backing from Y Combinator. The company aims to continue its rapid growth, having already achieved profitability and significant revenue increases since its launch in 2023.