AI for patents | Trusted by 700+ IP teams globally | Y Combinator S23
Joined January 2018
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Solve Intelligence retweeted
Where will value accrue in the world of AI? 🧐
At 20VC we believe that deeply verticalised AI solutions solving *real* pain points, and going deep into workflows, will create a tremendous amount of value.
Enter Solve Intelligence @SolveIntel, the all-in-one AI Copilot for Patent Attorneys:
(1) Stellar ROI for law firms & in-house IP teams ➡️ up to 80% time saved (!)
(2) Never seen before customer love: most rate the solution a 10/10 🥇
(3) A truly stellar team: customer centric, highly technical and building at the speed-of-light 💪
Today, I could not be more pumped to be backing @ChrisParsonson, @AngusParsonson and @SanjAhilan and lead Solve Intelligence's $12m Series A, with my friend and colleague @HarryStebbings - and to join their board.
What's more - we are joined by the world's leading strategic investors in the legal space: @Microsoft, and @thomsonreuters.
Both Microsoft and Thomson Reuters saw eye-to-eye with us, and identified Solve Intelligence as THE leading OS for IP teams.
A very special thank you to @t_blom (Solve's YC S23 Group Partner) for putting the team on our radar, and @ycombinator who are doubling down in the company alongside us.
Solve Intelligence retweeted
Congrats to @ChrisParsonson, @SanjAhilan, @AngusParsonson, and the @SolveIntel team on their $12M Series A!
Solve Intelligence is the go-to platform to help inventors, in-house IP teams, and outside legal counsels collaborate across every part of the patent process.
They're already powering 200+ IP teams and have grown ARR 25% MoM since launch - with 0 sales or marketing staff.
solveintelligence.com/blog/p…
Solve Intelligence retweeted
Awesome to read a case study from @WorldIPReview about a @SolveIntel customer, InPera IP, who 'has reduced patent application drafting from 20 to 10 hours' by using Solve's AI product.
Reach out if your team is interested in drafting high-quality patents efficiently
Solve Intelligence retweeted
I’ve noticed a pattern with some AI startups that are producing flashy demos with very low customer engagement.
They are usually solving occasional problems.
An example is “use natural language to query a database”.
Most employees at a tech company don’t actually write SQL queries every day. They might want to write a query once a month and struggle with the syntax. This is an occasional problem.
Data scientists, on the other hand, write SQL queries every day, but the solution they’d want is a power tool for data scientists. It would probably have version control, performance monitoring and collaboration features. Not a chatGPT style interface for hobbyists and beginners.
LLMs are really shining right now where they are applied to repetitive work that’s done by teams of human for 8+ hours a day.
@greenliteai is automating KYB for banks
@SolveIntel is automating the production of legal patents
@markprompt and @Senso_AI are making customer service agents more effective.
Solve Intelligence retweeted
Morning wormhole: @SolveIntel - new YC co using AI to write patents in fraction of cost/time
- patents cost ~$60k on avg
- 90% cost = 'generative' tasks
- eg. drafting, edits, responding to examiner
good use case for ai!
Solve Intelligence retweeted
🌠 Our new 'Invention Variations Brainstorming' feature helps you refine your core invention and enrich your patent. Upload your invention, and let the AI suggest improvements and variations. Get started: bit.ly/3pKElSx 🔬🔄 #LegalTech #AI #PatentProtection
Solve Intelligence retweeted
Welcome to YC, @ChrisParsonson, @AngusParsonson, @SanjAhilan & @SolveIntel!
Solve (YC S23) uses AI to help you write high-quality patents quickly, providing a simple in-browser document editor that any attorney or inventor can start using right away.
ycombinator.com/launches/IoY…
