PatentRenewal.com offers a digital, transparent SaaS platform that automates patent renewals and streamlines IP management tasks. The platform handles renewals for patents, designs and utility models and plans to add trademark support soon. By eliminating unnecessary intermediaries and administrative burdens, the company aims to provide a cost‑effective solution for both IP owners and law firms. PatentRenewal.com was founded in 2017 by Mads Viborg Jørgensen and Jesper Ohrt Juel Jensen and is based in Copenhagen, Denmark. The business positions itself as an easy‑to‑use tool to make IP management more efficient and accessible. The company announced new funding to support continued growth and international expansion. Patentrenewal.com provides a digital platform that lets patent owners renew patents, track renewal processes in real time, view different cost categories, run forecasts, and store related documents in one place. The company was founded in 2017 by Mads Viborg Jørgensen (CEO) and Jesper Juel Jensen (CCO) and is based in Copenhagen, Denmark. It has signed more than 1,100 patent owners from 40+ countries and reported 230% growth in 2022. Patentrenewal.com broke even prior to this funding round. The company plans to use the new capital to expand its business development and sales teams and to enter new Western markets, hiring for key positions. No revenue figures beyond break-even were disclosed in the article.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2024