Patsnap

What It Does

Patsnap is an IP and R&D intelligence platform covering patent search, analytics, monitoring and competitive intelligence. It uses machine learning, natural language processing and computer vision to let innovation and IP teams search patents, analyse technology landscapes, and track competitors and market data from idea through to commercialisation. The product set spans patent analytics, drafting support and data APIs.

Patsnap’s main users are corporate R&D and innovation teams, IP departments, and research institutions rather than law firms running litigation or prosecution. For an IP team, it sits at the research and competitive-intelligence stage: prior-art and freedom-to-operate searching, portfolio benchmarking, and technology scouting. Its customer base spans agriculture, chemicals, consumer goods, life sciences, automotive, and aerospace.

What We Found

Patsnap was founded in 2007 in Singapore by Jeffrey Tiong and now operates from multiple offices including a London HQ. It raised a $300M Series E led by Tencent and SoftBank Vision Fund (announced 2021), and company databases put its headcount in the 500-range as of mid-2026. The vendor states it serves more than 10,000 customers across over 50 countries.

What We Haven’t Verified

• “10,000+ / 15,000+ customers in 50+ countries” — vendor-stated client counts, not independently confirmed.
• Pricing — not published; demo/quote required.
• Exact current headcount (databases vary around ~560).

Company Info

• Sector: Legal Tech / IP intelligence
• Founded: 2007 (Singapore)
• HQ: Singapore, with a London headquarters
• Headcount: 501-1,000 (LinkedIn / company databases, 2026-06)
• Funding: $300M Series E (announced 2021, Tencent / SoftBank Vision Fund)