PATENTPAL

PatentPal is building language technology to auto-generate patent applications. Patent attorneys bill clients at $15k per patent, fixed-fee. The patent drafting market is $9B in the US, $32B worldwide, and growing each year. The current product automates the first five hours of drafting a patent, representing a 20% productivity boost towards a patent that would otherwise take 25 hours to draft. Using our technology, a law firm can increase annual profits by $20M. We recently launched into open beta and have acquired initial revenue. Our mission is to capture the rapidly-expanding global intellectual property market.