About Patentrenewal
Patentrenewal is a Professional & Legal Services company based in Copenhagen (Denmark) founded in 2003. Renewal services for intellectual property are offered to law firms. Patentrenewal has raised $3.1 million across 5 funding rounds from investors including Vendep Capital. The company has 37 employees. Patentrenewal was last valued at $2.8 million in January 2020. Its website patentrenewal.com draws about 15 thousand monthly visits. Patentrenewal offers products and services including IP Portfolio Dashboard and Budget and Forecast Hub. Its focus areas include Business Services and Legal Services. Its legal entity is PatentRenewal.com ApS.
Company details
Patentrenewal was established in 2003 in Copenhagen, Denmark, focusing on the intellectual property sector. Renewal services for patents and trademarks are managed on behalf of IP law firms worldwide. Operations are centered in Europe, with support provided through a team led by Managing Director Jesper Ohrt Juel Jensen. The company handles administrative tasks to ensure compliance and continuity in IP portfolios.
- Headquarters Copenhagen, Denmark
- Employees 37
- Stage Minicorn
- SectorsProfessional & Legal Services
- Email••••••••
- Phone•••• ••••
- Website patentrenewal.com
- Social LinkedIn
- Legal Name Patentrenewal.Com Aps
- Net Profit-$266.73 K (USD)-64as on Dec 31, 2022
- EBITDA-$345.9 K (USD)-55as on Dec 31, 2022
- Total Equity Funding$3.1M (USD)
in 5 rounds
- Latest Funding Round$2.15M (USD), Seed
Mar 2023
- Investors
- Employee Count37
Products & Services of Patentrenewal
Patentrenewal offers a comprehensive portfolio of products and services, including IP Portfolio Dashboard and Budget and Forecast Hub.
A dashboard for managing IP portfolios is provided, allowing for tracking and data verification.
Budget monitoring and cost forecasting are offered to handle IP renewal expenses effectively.
Funding Insights of Patentrenewal
Patentrenewal has successfully raised a total of $3.1M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.15 million completed in March 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 $3.1M
- Total Rounds 5
- Last Round Seed — $2.15M
- First Round $54,844
(Nov 2017)
- Investors Count 1
All 5 funding rounds of Patentrenewal 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 |
|---|---|---|---|---|---|
| Mar 2023 | $2.15M | Seed | – | Vendep Capital | – |
| Jan 2020 | $221,251 | Seed | $2.8M | – | – |
| May 2019 | $300,599 | Seed | $2.54M | – | – |
| Apr 2018 | $373,482 | Seed | $••••• | – | – |
| Nov 2017 | $54,844 | Seed | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $2.8M | •••••••• |
| May 2019 | $2.54M | •••••••• |
| Apr 2018 | $••••• | •••••••• |
| Nov 2017 | $••••• | •••••••• |
Full valuation and stage history of Patentrenewal
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.8M (Jan 2020). 1 investors in total: 1 institutional.
Investors in Patentrenewal
Patentrenewal has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Vendep Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused Accelerator & VC firm investing primarily in the US, the UK and Finland | vendep.com | Espoo, Finland |
Investor details for Patentrenewal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Patentrenewal
44 people are tracked at Patentrenewal (11 in leadership, 8 in board & advisors, 25 in team); the tracked headcount is 37.
| Name | Role | Group |
|---|---|---|
Jesper Ohrt Juel Jensen | Managing Director | Leadership |
Eliza Elizabete Krastina | Head Of Operational Excellence | Leadership |
Mads Viborg Jørgensen | CEO, Co-Founder | Leadership |
Mathias Højlund Andersen | Head of LegalTech | Leadership |
Dávid Breitenbach | Chief Commercial Officer | Leadership |
Sebastian Vilstrup | CTO | Leadership |
Lucas Therp | CFO | Leadership |
Filippo Bernardis | Head of Customer Success | Leadership |
Kinga Fodor | Head of Marketing | Leadership |
Eeva-Brita Uustal | Head of Customer Experience | Leadership |
Talika Bacon | Chief of Staff | Leadership |
Jupe Arala | Board Member | Board & advisors |
Tommy Andersen | Advisor | Board & advisors |
Søren Hoelgaard Justesen | Board Member | Board & advisors |
Jørgen Rosenlund | Advisor & GLC | Board & advisors |
Anders Fink | Advisor | Board & advisors |
Patrick Borre | Advisor | Board & advisors |
Mads Johnsen | Chairman | Board & advisors |
Jesper Juel Jensen | Co-Founder & Strategic Advisor | Board & advisors |
Markus Thieden | Developer | Team |
24 more people are available in the full profile.
Complete people profiles for Patentrenewal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Patentrenewal
4 dated milestones of Patentrenewal across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Patentrenewal is founded.
- Funding First funding round of $55K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.1M.
Web traffic of Patentrenewal
The website of Patentrenewal (patentrenewal.com) receives about 15K visits a month.
- Monthly visits15K
▼ 6.9% vs previous month
Websites whose visitors overlap most with Patentrenewal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ideanav.co.za | ideanav.co.za | 100% | #5,496,305 | – | |
| arapackelaw.com | 89% | #1,041,605 | View details | ||
unimarkslegal.com | unimarkslegal.com | 25% | #5,479,637 | – |
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Frequently Asked Questions about Patentrenewal
Patentrenewal was founded in 2003 and raised its 1st funding round 14 years after it was founded.
Patentrenewal is headquartered in Copenhagen, Denmark.
Patentrenewal is a funded company, having raised a total of $3.1M across 5 funding rounds to date. The company's 1st funding round was a Seed of $54.84K, raised on Nov 2017.
Patentrenewal has 37 employees.
Patentrenewal was established in 2003 in Copenhagen, Denmark, focusing on the intellectual property sector. Renewal services for patents and trademarks are managed on behalf of IP law firms worldwide. Operations are centered in Europe, with support provided through a team led by Managing Director Jesper Ohrt Juel Jensen. The company handles administrative tasks to ensure compliance and continuity in IP portfolios.
Patentrenewal offers IP Portfolio Dashboard and Budget and Forecast Hub.
Patentrenewal has 1 investor. Key investors include Vendep Capital.
The valuation of Patentrenewal is $2.8M as of Jan 2020.
Patentrenewal operates through Patentrenewal.Com Aps.