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Tradespace

1161 Mission St, San Francisco, CA, 94103, United States

Overview

Tradespace has built an AI-native IP Management Platform that embeds directly into R&D workflows so corporations can harvest inventions, search prior art, draft applications, respond to office actions, and launch licensing campaigns without relying on outside counsel. The system replaces the billable hour with automated, attorney-grade drafting tools, enabling companies to file patents in under 24 hours while preserving legal rigor. Customers report a 50% cut in outside counsel spend, a 40% rise in invention disclosures, and a dramatic compression of time-to-file from weeks to days. Today the platform manages more than 440,000 patents for over 80 organizations, including Fortune 500 tech giants and three-quarters of the top U.S. research universities. In November 2025 Tradespace acquired Paragon Patents, strengthening its agentic AI workflows and solidifying its technical lead in automated patent drafting. Fresh capital from its Series A round will be used to scale the product and further integrate AI across the IP lifecycle.

Total raised
$19M
Funding rounds
2
Latest round
Series A
Latest activity
Jan 2026

Industries

  • Analytics
  • Information Technology
  • Innovation Management
  • Intellectual Property
  • Marketplace
  • Software
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Recent funding

  1. Series A

    Jan 2026

    $15M

  2. Seed

    Nov 2023

    $4M

Team

  • Alec Sorensen

    Founder & CEO

    LinkedIn
  • Kapil Israni

    Co-Founder and CTO

    LinkedIn
  • Mathieu Guerville

    VP Business Development

    LinkedIn
  • AbdurRahman Bhatti

    Vice President of AI Products and Patent Drafting

    LinkedIn