Numerous legal technology startups are enhancing manual processes for lawyers, with some specifically focusing on intellectual property (IP) solutions. One such entity is Solve Intelligence, a Delaware-based startup that has secured $3 million in funding from investors such as Y Combinator, Amino Capital, General Advance, SAV, Translink Capital, and Nomad Capital.
Founded in June 2023 by Sanj Ahilan, Chris Parsonson, and Angus Parsonson, who all hold PhDs in artificial intelligence from University College London, Solve Intelligence specializes in AI software tailored for patent attorneys. Drawing from their experiences at tech giants like Huawei and Dyson, where they encountered challenges in the patenting process, the founders identified a gap in software availability for patent attorneys beyond basic tools like Microsoft Word.
Solve’s flagship product is an in-browser document editor, akin to Google Docs, empowered by an AI copilot designed to aid attorneys in intellectual property generation. This AI solution assists in identifying novelty and non-obviousness, streamlining the research and development (R&D) process. According to CEO Chris Parsonson, the unique demands of patent drafting, which require a fusion of deep technical knowledge with legal expertise, set it apart from other realms of legal tech.
The AI-driven product can automatically pinpoint promising novel and non-obvious elements, rank them by commercial viability, and collaborate with IP firms to initiate the patent drafting process. Post-drafting, the AI supports patent portfolio infringement litigation.
Solve Intelligence already boasts over 25 IP firms across the U.S., Europe, Asia, and South America as users, reporting efficiency improvements ranging from 60-90%. Despite potential user attorneys expressing confidentiality concerns related to generative AI tools, Parsonson emphasizes the encryption measures in place, asserting that the technology is secure and compliant with industry standards.
The startup foresees widespread adoption of AI among legal professionals in the next five years. To cater to this trend, Solve Intelligence plans to utilize its funding to expand its team, meet growing customer demands, and enhance research and development for upcoming features focused on patent drafting. These features include algorithms for generating and analyzing technical drawings, elevating patent quality, tailoring AI to replicate an attorney’s writing style, and more.
