Solve Intelligence, a startup focused on improving patent workflows with artificial intelligence, has announced a new funding round. The company raised $40 million in its Series B, bringing its total funding to $55 million. This comes just a few months after a $12 million Series A, showing strong investor confidence in its platform.

Investors and Strategic Backing

The latest funding round was co-led by Visionaries and existing investor 20VC. Major players like Thomson Reuters and Y Combinator increased their stakes as well. A new investor, Operator Collective, led by former Cisco executive Mallun Yen, also joined in. Yen, who has decades of experience in patents and IP law, expressed confidence in the company’s team and technology.

Yen explained her decision to invest: “After many years working in patents, I had high standards. But after meeting with Chris and his team, I knew they had built a trustworthy AI platform that patent attorneys rely on. Their technology stands out in the industry.”

Expanding Product Offerings and Global Presence

The new funding will help Solve Intelligence grow its platform beyond just drafting and prosecution tasks. The company is launching a new product called Charts. This tool allows legal teams to generate and analyze infringement claims, patent mappings, and freedom-to-operate reviews. It also supports portfolio comparisons across thousands of documents, helping firms encode their own workflows into reusable templates and AI styles.

The platform emphasizes transparency, offering full citation support and clear AI reasoning. Solve aims to make patent analysis faster and more reliable for its users. Additionally, the company plans to expand geographically, opening offices in New York City and Munich to better serve customers in North America and Europe. Hiring in AI research, patent law, and software engineering will also be a focus.

From Startup to Global Platform

Founded by CEO Dr. Chris Parsonson, CTO Angus Parsonson, and Chief Research Officer Sanj Ahilan, Solve Intelligence started as a drafting assistant. Over time, it has grown into a comprehensive platform used by more than 400 intellectual property teams worldwide.

Since the Series A, the company’s revenue has increased more than tenfold, reaching eight figures annually. Solve is now profitable and has generated more cash than it has raised. Users report significant time savings—up to 80 percent—on drafting tasks, while still maintaining or improving quality. What sets Solve apart is its focus on patent-specific language, legal standards, and technical details, making it a trusted tool for patent professionals.

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