1-5 days a week in office
AI-powered IP and R&D intelligence
Open for applications
AI-powered IP and R&D intelligence
501-1000 employees
Open for applications
1-5 days a week in office
501-1000 employees
To empower IP and R&D teams by providing better answers, so they can make faster decisions with more confidence.
Jump to section
To empower IP and R&D teams by providing better answers, so they can make faster decisions with more confidence.
-5% employee growth in 12 months
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 to be highly profitable, and the company continues to thrive by broadening its range of services. 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 at Welcome to the Jungle
Mar 2021
$300m
SERIES E
Jun 2018
$38m
SERIES D
Jeffrey Tiong
(Co-Founder & CEO)Jeffrey has been at the helm of PatSnap since co-founding the company in 2007. They are also a member of the Forbes Technology Council.
People, HR, Recruitment
Sales & Account Management