# Tradespace

> Tradespace is a San Francisco company building an end-to-end, AI-powered platform for managing intellectual property. It covers the full patent lifecycle - invention capture, AI-assisted drafting, prosecution, portfolio management and commercialization - so in-house IP teams can run a scalable function without paying traditional law-firm billable-hour rates. The platform manages over 440,000 patents for 80+ organizations, including Fortune 500 companies and roughly 75% of top US research universities.

- **Founded:** 2019
- **Headquarters:** San Francisco, California, United States
- **Founders:** Alec Sorensen (Co-Founder & CEO), Kapil Israni (Co-Founder & CTO)
- **Team size:** ~34 employees
- **Products:** Create (Invention Harvesting), Protect (Patent Drafting & Prosecution), Manage (Portfolio Management), Commercialize (Licensing), Paragon Patent Drafting AI
- **Notable:** Raised $15M Series A led by AVP (January 2026), Manages 440,000+ patents across 80+ organizations, Serves roughly 75% of top US research universities

## Products & services

- **Create (Invention Harvesting)** — Captures inventions from R&D teams by integrating with tools like Slack, Gmail and Notion, then uses AI to generate invention disclosures.
- **Protect (Patent Drafting & Prosecution)** — AI-assisted patent drafting with senior IP attorney oversight and flat-fee prosecution, reducing time-to-file from weeks to days.
- **Manage (Portfolio Management)** — Data-driven portfolio insights that map patents to products and revenue for pruning and strategy decisions.
- **Commercialize (Licensing)** — AI-powered identification of licensing opportunities, evidence-of-use analysis and campaign support to turn patents into forecastable revenue.
- **Paragon Patent Drafting AI** — Acquired traceable AI patent-drafting engine that generates defensible drafts with full traceability to source materials and human verification checkpoints.

## Achievements

- Raised $15M Series A led by AVP (January 2026)
- Manages 440,000+ patents across 80+ organizations
- Serves roughly 75% of top US research universities
- Acquired Paragon patent-drafting AI (November 2025)
- Named to BCV and Headline's Top 50 Vertical SaaS Startups (2024)
- Reported client results of 50% lower outside-counsel spend and 40% more invention disclosures

## Latest updates

- **2026-01** — Raised $15M Series A led by AVP to scale its AI IP platform and fix the economics of IP law.
- **2025-11** — Acquired Paragon, a Princeton-founded patent-drafting AI startup, becoming a full end-to-end IP lifecycle platform.
- **2024** — Named one of BCV and Headline's Top 50 Vertical SaaS Startups.

## Links

- Website: https://tradespace.io
- LinkedIn: https://www.linkedin.com/company/tradespace-io/
- YouTube: https://www.youtube.com/@tradespace.io.youtube

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Profile page: https://yespress.io/tradespace
Published by YesPress — https://yespress.io
Last updated: 2026-07-10