Solve Intelligence Raises $40M Series B to Expand AI Patent Law Services, Reaches Eight-Figure ARR
Summary
Solve Intelligence secures $40M Series B funding to expand its AI-powered patent law services, achieving eight-figure annual recurring revenue and profitability while serving 400 intellectual property teams in a rapidly growing $3.2 billion legal tech market.
Key Points
- Solve Intelligence raises $40M Series B funding led by Visionaries fund to expand AI-powered intellectual property and patent law services, bringing total funding to $55M
- The company claims ARR has grown more than tenfold to reach eight figures while achieving profitability, serving about 400 IP teams including major law firms like DLA Piper and Perkins Coie
- Legal tech market reaches $3.2 billion in 2025 as generative AI startups challenge established platforms, with Solve Intelligence planning to launch new patent claim chart products and expand internationally