Delaware-based legal technology startup Solve Intelligence has raised $12 million in a Series A funding round led by venture firm 20VC, with participation from Microsoft’s M12 venture arm, Thomson Reuters Ventures, and Y Combinator. The startup plans to use these funds to expand its generative AI-powered patent workflow solutions and to open a new office in New York later this year.
Solve Intelligence focuses specifically on facilitating intellectual property (IP) and patent-related tasks, offering a browser-based document editor enhanced by advanced AI capabilities. Its platform, comparable to Google Docs, helps patent attorneys streamline tasks such as patent drafting, responding to office actions, claim charting, and generating or enhancing invention disclosures. Solve emphasizes the software’s flexibility, allowing attorneys to extensively customize the AI-generated output to suit different jurisdictions, technical disciplines, and client-specific needs.
Since its launch in 2023, Solve Intelligence has experienced rapid organic growth, amassing hundreds of clients across the U.S., Europe, and Asia without any formal sales or marketing efforts. Notable users include major enterprises like Siemens and Avery Dennison, alongside prominent law firms such as DLA Piper and Finnegan. Solve claims its revenues have consistently grown around 25% month-over-month, though specific annual recurring revenue figures were not disclosed.
The company, already profitable after two years in business, had more cash on hand prior to this latest funding round than the $3 million of seed funding it secured shortly after its establishment.
CEO and Co-founder Chris Parsonson noted that recent advancements in generative AI have significantly expanded the possibilities for legal workflow automation, which was not feasible just eighteen months ago. Solve’s technology uniquely bridges the gap between generalized AI systems like ChatGPT and the specialized high-quality professional content required by legal practitioners, according to Chief Research Officer Saj Ahilan.
Beyond patent drafting and prosecution, Solve is investing heavily in research and development to broaden its product offerings. Upcoming functionalities include freedom-to-operate analyses, licensing negotiations support, litigation assistance tools, and comprehensive patent portfolio management solutions for in-house IP teams. Additionally, Solve plans to build specialized features that address emerging needs within the life sciences industry, such as facilitating biological sequence listings and related patent prosecution processes.
Currently employing 15 individuals, Solve Intelligence expects its team size to more than double in the coming year, adding approximately 20 new hires. Strategic investments from Microsoft and Thomson Reuters will further enhance Solve’s integration capabilities with widely used productivity platforms like Microsoft Word, deepening its foothold across legal operations.
While Solve competes against established legal-tech firms like PatSnap, HarveyAI, Casetext—which Thomson Reuters acquired in 2023—and IPRally, the startup believes its distinctive personalization capabilities, intuitive user experience, and sophisticated AI technology differentiate its offerings in an increasingly crowded marketplace.
