Welcome, IP Copilot!
AI-powered IP management.
- Founders: Austin Walters, Jason Harrier
- Sector: Vertical SaaS (Legal Tech)
- Location: Distributed
The Opportunity
Intellectual Property (IP) management has become a critical component of business strategy in the modern economy. Over the past decade, the importance of IP management has grown with the rise of digital technologies, globalization, and the increasing complexity of IP law. Companies are now heavily reliant on IP to remain competitive and differentiated, and proper management of IP ensures that organizations can not only protect innovations, but also defend against potential litigation.
However, modern IP management typically falls to a small, centralized team within a company’s legal department that proactively collects IP across the organization through outreach, education, and conversations with technical leaders. From there, the process to make filing decisions and prepare patent applications is timely, costly, and often involves outside counsel. This months-long process presents the risk of IP not being captured and protected, leading to vulnerabilities within the competitive landscape that can hinder product innovation.
The Solution
IP Copilot, an idea management company powered by responsible AI, offers a cutting-edge platform to discover, capture, curate, and protect IP. IP Copilot’s comprehensive suite helps organizations discover IP in real-time across structured and unstructured sources, empowers inventors to confidently share robust invention disclosures, makes quick filing decisions based on instant tagging, scoring, and prior art search, and streamlines the drafting and filing process.
IP Copilot’s AI is powered by a combination of proprietary machine learning private LLMs, leveraging each approach where it performs best. In this way, IP Copilot provides IP teams and law firms with responsible AI to accelerate IP protection and stay ahead of the competition while reducing costs.
Why We’re Backing IP Copilot
The IP Copliot founding team is composed of inventors and patent experts who have collectively been granted over 1,000 patents, and built patent portfolios with thousands of inventors. They bring experience and perspective from building and managing IP programs both on the enterprise and law firm side that’ve enabled them to build a platform already widely adopted by cutting edge companies today. The advent of IP Copilot has empowered numerous businesses and law firms to focus on innovation rather than legal minutiae, and that is a powerful use case our team is excited to help grow.
What’s Ahead?
With ongoing enhancements, IP Copilot is set to transform IP management for companies globally.
Upcoming features include deeper integration with international patent systems, trade secret management, litigation claim charting, more integrations for discovering ideas, and a more feature complete IP management system.
We’re excited to support IP Copilot alongside our friends at Preface Ventures, NextGen Ventures, Notation Capital and several notable angels.
Welcome to Salesforce Ventures, IP Copilot!
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