TrademarkNow
TrademarkNow is an intelligent web-based platform that offers trademark search results and risk assessment for enterprise companies, law firms, and branding agencies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 175 % | 95 % | 47 % | 1 % | (12 %) | 6 % | (2 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (26 %) | (2 %) | 21 % | 26 % | - | 48 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (45 %) | (11 %) | 6 % | 3 % | 24 % | 39 % | 22 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 89 % | 91 % | 93 % | 107 % | - | - | - |
Source: Company filings or news article
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TrademarkNow, founded in Helsinki, Finland, in 2012, operates a sophisticated trademark management platform targeting the legal tech sector. The company was established by Mikael Kolehmainen, who also served as its CEO, to address the technological gaps in the trademark industry. On August 27, 2020, Corsearch, a major US-based provider of brand clearance and protection services, acquired TrademarkNow, integrating its technology to enhance Corsearch's end-to-end service offerings.
The firm's core business revolves around a Software-as-a-Service (SaaS) platform that leverages artificial intelligence and machine learning to offer instant trademark search, analysis, and monitoring. This platform caters to a client base of enterprise companies, law firms, and branding agencies that require efficient intellectual property management. Revenue is generated through subscriptions to its platform, which offers unlimited-use models, providing a cost-effective alternative to traditional, time-consuming legal searches.
The platform's technology is built on an AI model that combines explicit and intricate domain models of trademark law with machine learning algorithms. This allows for comprehensive analysis and risk assessment, streamlining the entire trademark lifecycle from initial screening to portfolio management and infringement detection. Key product features include 'NameCheck' for AI-powered similarity searches, 'LogoCheck' for image recognition-based logo searches across over 180 trademark registers, and 'Portfolio Analyzer' for evaluating portfolio strength against competitors. The system pulls data from over 1,100 global databases, which are updated in near real-time, to provide users with current and actionable intelligence. Following the acquisition by Corsearch, the platform's AI has been further refined and new tools, such as 'Name Generator' utilizing ChatGPT technology, have been integrated to assist with brand name creation.
Keywords: trademark management, legal tech, artificial intelligence, machine learning, brand protection, intellectual property, trademark search, trademark monitoring, SaaS, logo search, brand clearance, risk assessment, portfolio analysis, Corsearch, Mikael Kolehmainen, legal services, IP management, NameCheck, LogoCheck, trademark analytics