3 days a week in office
Innovation intelligence platform
Job no longer available
Innovation intelligence platform
201-500 employees
Job no longer available
3 days a week in office
201-500 employees
To deliver a best-in-class connected innovation intelligence (CII) experience to all our customers.
PatSnap, which began its life in 2007 as a global patent search database, now offers a “connected intelligence platform” which leverages AI and big data analytics to allow enterprises to gain insights into markets, IPs, and competitor performance, all with the end goal of optimising their own R&D strategies.
Global spending on R&D is in the trillions, but PatSnap claims that its productivity is lower than it was forty years ago. This goes some way in explaining how the company’s popularity has skyrocketed in recent years, securing hundreds of millions in funding and opening up bases across Asia as well as in the US and the UK.
This expansion into the west has proven very lucrative for PatSnap, although it remains to be seen whether it will favour continued UK and US expansion or focus on Asia for its next phase of growth. The company's investment in its own R&D has resulted in a number of new collaborative projects, as well as the launch of its AI-powered GPT product, PatsnapGPT, that has been developed to "revolutionize IP and R&D innovation services".
Steph
Company Specialist
-5% employee growth in 12 months
Mar 2021
$300m
SERIES E
Jun 2018
$38m
SERIES D
Chiswick, London, UK
Founders
Jeffrey Tiong
(CEO)Has been at the helm of PatSnap since it co-founding the company in 2007. Is also a member of the Forbes Technology Council.
Ray Chohan
(VP)Investor & Mentor with Outlier Ventures. Before PatSnap they spent eight years at Datamonitor, including a four year spell as Director of Business Development.
Guan Dian
(VP)Former Software Engineer at MooWee. Worked as an Analyst at Credit Suisse in Boston before joining PatSnap's founding team.
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