ScaleIP
ScaleIP leverages IP transaction data and intelligence to facilitate the discovery of suitable companies and individuals for patent licensing, sales, or collaboration.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $1.5m | Seed | |
| Total Funding | 000k | ||
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Based in Telluride, Colorado, ScaleIP is a business intelligence firm operating in the intellectual property (IP) monetization market. Founded in 2022 by CEO Mark Leonard and Lucas Laughlin, the company, formerly known as LicenseLead, aims to address the significant financial losses enterprises experience from underutilized patents. The firm provides a software-as-a-service (SaaS) platform designed for entities such as enterprises, universities, government agencies, and hospitals that hold extensive patent portfolios.
ScaleIP's core business revolves around its AI-powered platform that aggregates and analyzes IP transaction data combined with market intelligence. This enables clients to make informed decisions regarding their patent assets, including whether to maintain, license, sell, or seek collaborations. The platform streamlines the process of identifying high-intent target companies and the relevant decision-makers within them, effectively acting as a licensee prospecting tool. By providing data on licensing history, company profiles, sponsorship records, and contact information, ScaleIP helps its users save time and uncover new revenue streams.
The company's service is designed to overcome the limitations of conventional patent analytics tools, which often do not reveal clear commercial partnership opportunities. ScaleIP's platform offers features for portfolio management and helps users assess the novelty, risk, and market potential of their inventions to optimize filing and maintenance costs. The business generates revenue through subscriptions to its platform. In February 2024, the company announced a $1.5 million pre-seed financing round led by the Greater Colorado Venture Fund, with participation from several other investment firms, to accelerate the growth and adoption of its solution.
Keywords: IP monetization, patent licensing, intellectual property analytics, business intelligence, technology transfer, patent sales, IP strategy, commercialization, licensee prospecting, patent portfolio management, IP data, market intelligence, patent valuation, collaboration opportunities, IP decision-making, enterprise software, SaaS, legal tech, innovation management