About Patented
Patented is a Professional & Legal Services company based in United States founded in 2023 by Wayne Chang. Intellectual property is managed via AI semantic database. Patented has raised $4 million across 1 funding round from investors including Cooley, Steve Anderson and Jeff Fagnan. Its chief executive, as recorded, is Wayne Chang. Patented offers products and services including Discover Inventions, Prune Patents, Identify Licensees, IP Valuation, and Source Code Claim Mapping. Its focus areas include Enterprise Applications, Legal Tech, Intellectual Property (IP) Management and Brand Protection & Anti-Counterfeit. Its competitors include OpSec Security and Binded; 2 of its 2 listed competitors have raised funding.
Company details
Patented was founded in 2023 in the United States. An AI-based engine for intellectual property management is operated, featuring a semantic database that reveals relationships among entities. The LLM Shield solution has been developed to safeguard organizations sensitive data against artificial intelligence risks. Operations focus on the technology sector, with services centered on data protection and analysis.
- Headquarters United States
- Founders Wayne Chang
- SectorsProfessional & Legal Services
- Website patented.ai
- Social LinkedIn X
- Total Equity Funding$4M (USD)
in 1 rounds
- Latest Funding Round$4M (USD), Seed
Jun 2023
- InvestorsCooley
& 2 more
Products & Services of Patented
Patented offers a comprehensive portfolio of products and services, including Discover Inventions, Prune Patents, Identify Licensees, IP Valuation, and Source Code Claim Mapping.
Automatically identifies innovations in codebase for patent opportunities.
Provides insights on patent value and industry applicability for optimization.
Delivers same-day results on potential licensees for IP monetization.
Uses market data to assess patent value for investors and funds.
Analyzes code to map claims for evidence in legal cases.
Funding Insights of Patented
Patented has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4M
- Total Rounds 1
- Last Round Seed — $4M
- First Round $4M
(Jun 2023)
- Investors Count 3
All 1 funding rounds of Patented with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $4M | Seed | – | Cooley, Steve Anderson | – |
3 investors in total: 1 institutional and 2 angel.
Investors in Patented
Patented has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Cooley, Steve Anderson and Jeff Fagnan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Intellectual property, regulatory matters, and high-stakes litigation are addressed. | 1994 | cooley.com | Palo Alto, United States | |
SA Steve Anderson | Founder of Baseline Ventures, early investor in Instagram, Twitter, active angel | unknown_25aefdb8debf430ba | ||
JF Jeff Fagnan | Founding Partner at Accomplice VC, active angel investor in tech startups | unknown_3259fda9d0e6444b8 |
Investor details for Patented
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Patented
7 people are tracked at Patented (3 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Wayne Chang | Founder & CEO | Leadership |
David Chang | Vice President | Leadership |
Tim Pham | Deputy General Counsel & Head Of IP | Leadership |
Will Koffel | Group Product Manager | Team |
Doug Hudson | Sr. Patent Counsel | Team |
Sean Edgett | SVP & General Counsel | Team |
Kevin Alvarez-Fung | Advisor | Team |
Complete people profiles for Patented
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Patented
2 dated milestones of Patented, from founding to its latest funding, stage changes and deals.
- Founded Patented is founded.
- Funding First funding round of $4.0M.
Competitors of Patented
Patented has 2 listed competitors in our database, 2 of them funded. They include OpSec Security and Binded.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opsecsecurity.com | 1983 | Boston, United States | $10.5M | Brand protection and anti counterfeiting platform | ||
| binded.com | 2016 | San Francisco, United States | $1.5M | Brand protection and anti-counterfeit solutions are provided for creators' images. |
Detailed competitors of Patented
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Patented
The website of Patented (patented.ai) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 35.2% vs previous month
Top companies in Legal Tech
3 companies that operate in the same segment as Patented (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered legal research assistance is provided to law firms. | 2022 | San Francisco, California, United States | USD 1.82 B | 1,840 | ||
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M |
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Frequently Asked Questions about Patented
Patented was founded in 2023.
Patented is headquartered in United States.
Wayne Chang is the CEO of Patented, as recorded in our data. They have also founded this company.
Patented is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Jun 2023.
Patented was founded in 2023 in the United States. An AI-based engine for intellectual property management is operated, featuring a semantic database that reveals relationships among entities. The LLM Shield solution has been developed to safeguard organizations sensitive data against artificial intelligence risks. Operations focus on the technology sector, with services centered on data protection and analysis.
Patented's top competitors include OpSec Security and Binded.
Patented offers Discover Inventions, Prune Patents, Identify Licensees, IP Valuation, and Source Code Claim Mapping.
Patented has 3 investors. Key investors include Cooley, Steve Anderson, and Jeff Fagnan.