About PatSnap
PatSnap is a company based in Singapore (Singapore) founded in 2007 by Ray Chohan, Guan Dian, and Jeffery Tiong. PatSnap has raised $351.6 million across 6 funding rounds from investors including Tencent, SoftBank Vision Fund and Vertex Ventures SG. PatSnap offers products and services including Patsnap AI, Patsnap Eureka, Synapse Bio, and Synapse Chemical. PatSnap operates in a competitive market with competitors including Questel, Anaqua, Patlytics, Innography and RPX Corporation, among others.
- Headquarter Singapore, Singapore
- Founders Ray Chohan, Guan Dian, Jeffery Tiong
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Sectors
Professional & Legal ServicesTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
$38.05 M (USD)16as on Dec 31, 2022
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Net Profit
-$171.6 K (USD)95as on Dec 31, 2022
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EBITDA
-$171.6 K (USD)95as on Dec 31, 2022
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Total Equity Funding
$351.6 M (USD)
in 6 rounds
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Latest Funding Round
$300 M (USD), Series E
Mar 16, 2021
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Investors
Tencent
& 8 more
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Employee Count
Not available
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Products & Services of PatSnap
PatSnap offers a comprehensive portfolio of products and services, including Patsnap AI, Patsnap Eureka, Synapse Bio, and Synapse Chemical.
AI tool for analyzing patents and prior art to aid decision-making
Platform for materials discovery and innovation acceleration
Tool for bio sequence analysis and research support
Service for chemical structure analysis and patent insights
People of PatSnap
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Funding Insights of PatSnap
PatSnap has successfully raised a total of $351.6M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $300 million completed in March 2021. 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.
Investors in PatSnap
PatSnap has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, SoftBank Vision Fund and Vertex Ventures SG.
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Venture capital investments in technology and startups.
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Venture capital fund focused on multiple sectors
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Investor details for PatSnap
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Investments & Acquisitions by PatSnap
Investment portfolio details for PatSnap
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- Transaction dates
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Financial Statements - PatSnap
Detailed financials for PatSnap
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Patsnap Comparisons
Peer comparison for PatSnap
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of PatSnap
PatSnap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Questel, Anaqua, Patlytics, Innography and RPX Corporation, among others.
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Intellectual property and innovation management solutions are provided by Questel.
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IP management platform is provided for patents and trademarks.
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AI-driven patent analytics and discovery are provided for law firms.
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Patent portfolios are managed and analyzed through specialized software.
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Patent Risk Solutions
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Detailed competitors of PatSnap
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Latest news on Patsnap
Complete news archive for PatSnap
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Frequently Asked Questions about PatSnap
PatSnap was founded in 2007 and raised its 1st funding round 6 years after it was founded.
PatSnap is headquartered in Singapore, Singapore.
Jeffery Tiong is the current CEO of PatSnap. They have also founded this company.
PatSnap is a funded company, having raised a total of $351.6M across 6 funding rounds to date.
Annual revenue of PatSnap is $38.05M as on Dec 31, 2022.
PatSnap was established in 2007 in Singapore within the intellectual property sector. Patent analytics and management software is delivered through the platform, enabling search and analysis functions for IP position management. Real-time monitoring of patent risks is facilitated to safeguard assets. Offerings encompass market and competitor data discovery, visualization tools, reporting features, and dataset management that integrates patent and legal information across operations.
PatSnap offers Patsnap AI, Patsnap Eureka, Synapse Bio, and Synapse Chemical.
PatSnap has 9 investors. Key investors include Tencent, SoftBank Vision Fund, Vertex Ventures SG, CITIC Innovation Incubation Investment, and Shunwei Capital.