|Description||Community of IP Professionals|
Founded in 2010 to bring efficiency and transparency to intellectual property, Patexia is an online platform connecting corporations to subject matter experts who help them assess the novelty of ideas. Patexia helps corporations assess the validity of patents by distributing novelty assessment to a global network of subject matter experts.
Experts are responsible for the creation of new ideas, and Patexia believes expert need to be involved in their review. Patexia uses an online platform to let experts contribute to improving the IP space while acknowledging and rewarding them for their expertise.
By consulting experts, Patexia provides a superior method for novelty assessment. Inability to confidently evaluate the novelty of ideas is a hamper on businesses; by offering more reliable novelty assessment, Patexia hopes to promote efficiency and drive innovation.
The company is run by a seasoned management team with more than 50 years of combined experience. They have experience in building start-ups in North America and growing revenue from $2.5 million to over $1.5 billion.