Tangibly, a Seattle-based startup that uses AI to protect intellectual property, raised a $6.5M Seed round. The company develops the Patent X-Ray, which identifies information during the patent drafting process. The round was led by Madrona Venture Group, with participation from MVP Ventures, Spike Ventures, Holt Ventures, Incisive Ventures, and law firm Wilson, Sonsini, Goodrich & Rosati's investment arm WS Investment Company. - Founded in 2021, the startup was started by a former executive at Intellectual Ventures and founder of Wavefront Venture Labs, Tim Londergan; CEO of AI Patents, Lit Belinson; and director at Inflection Point Technologies, Christopher Buntel.
- Tangibly previously raised a $1.3M pre-seed round in August 2022, with participation from PatentVest, Brainstorm Ventures, and angel investors Jack Newton, Mark Britton, and Dave Rosenberg, among others.
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