- DeepIP raises $15 million Series A to expand its AI-powered patent drafting platform aimed at simplifying the filing process for legal professionals.
- AI assistant helps draft and refine patent applications, offering summaries, jargon simplification, novelty detection, and claim suggestions.
- Platform already used in 8,500 patent applications, gaining adoption from corporations and law firms as investor interest in legal tech surges.
Legal tech startup DeepIP has raised $15 million in Series A funding to advance its AI-powered patent drafting assistant. Operating from Paris and New York, the company aims to streamline the complex and often time-consuming process of filing patents, a critical step for companies protecting innovation in competitive markets.
The platform leverages artificial intelligence to assist patent professionals by analyzing and summarizing large documents, translating dense technical language, and highlighting the novelty of inventions. It also suggests improvements to draft claims, offering alternative ways to structure arguments, and identifies potential omissions in filings—tasks traditionally done manually by attorneys and patent agents.
Rather than replacing legal experts, DeepIP positions its AI as a collaborative tool to enhance productivity and accuracy. The system is designed to help practitioners explore the broader intellectual property landscape efficiently, enabling a more thorough evaluation of whether an idea is truly novel and how it can be uniquely positioned.
Since launch, the platform has gained traction with both corporations and law firms, including Schwegman Lundberg Woessner. According to the company, its tool has already been used to help draft 8,500 patent applications. Regular testing and validation of its AI models aim to minimize errors and ensure reliability, addressing a common concern in generative AI applications.
The funding round was led by VC firm Resonance, with participation from Headline, Serena Capital, and Balderton. DeepIP plans to use the capital to expand its product teams and further develop its technology, as demand for AI-driven legal solutions continues to grow across the sector.
