ScaleIP Revolutionizes IP Monetization with $1.5M Funding
February 20, 2024, 11:59 am
ScaleIP, a groundbreaking IP business intelligence solution, has secured $1.5 million in funding to help enterprises unlock the hidden value of their patents. Led by the Greater Colorado Venture Fund, this funding round will propel ScaleIP's mission to revolutionize the way companies monetize their intellectual property assets.
ScaleIP was born out of the need to address the inefficiencies of traditional patent analytics tools, which often overlook valuable commercial partnerships. By leveraging proprietary IP transaction data, ScaleIP empowers enterprises, universities, labs, and hospitals to identify high-intent target companies for patent monetization. With over 130 IP dealmakers already on board, ScaleIP is transforming the way organizations approach patent licensing, selling, and collaboration.
CEO and Co-founder Mark Leonard emphasizes the importance of data in the AI revolution, stating, "The IP landscape is cluttered with underutilized patents. ScaleIP helps IP teams save time, generate new revenue streams, and make informed patent decisions by connecting them with the most promising partners."
With ScaleIP's innovative approach to IP monetization, companies can now tap into a trillion-dollar opportunity that has long been overlooked. As the industry evolves, ScaleIP stands at the forefront of unlocking new possibilities in the realm of intellectual property.
ScaleIP was born out of the need to address the inefficiencies of traditional patent analytics tools, which often overlook valuable commercial partnerships. By leveraging proprietary IP transaction data, ScaleIP empowers enterprises, universities, labs, and hospitals to identify high-intent target companies for patent monetization. With over 130 IP dealmakers already on board, ScaleIP is transforming the way organizations approach patent licensing, selling, and collaboration.
CEO and Co-founder Mark Leonard emphasizes the importance of data in the AI revolution, stating, "The IP landscape is cluttered with underutilized patents. ScaleIP helps IP teams save time, generate new revenue streams, and make informed patent decisions by connecting them with the most promising partners."
With ScaleIP's innovative approach to IP monetization, companies can now tap into a trillion-dollar opportunity that has long been overlooked. As the industry evolves, ScaleIP stands at the forefront of unlocking new possibilities in the realm of intellectual property.