P

PatSnap

AI-powered IP research, patent analytics platform

Overview

PatSnap builds AI-powered software for intellectual property and research teams. Its platform uses domain-specific AI agents and analytics on a dataset that includes patents, scientific papers, chemical structures, biological sequences, and clinical trials to help move ideas from research to patent protection and commercialization. Core products include Patsnap Eureka for IP, engineering, life sciences, and materials tasks; Analytics with the Hiro AI assistant; Synapse, a biopharma database; and Bio and Chemical for sequence and structure searches, plus an Open Platform with APIs. Customers span corporate R&D and IP departments, law firms, universities, and research institutions in 50+ countries, with tiered subscriptions, API access, and professional services; the goal is to support patent workflows, competitive intelligence, and R&D decisions to bring innovations to market.

Work here?Claim your company

About PatSnap

Simplify's Rating
Why PatSnap is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningLegal

Company Size

501-1,000

Company Stage

Series E

Total Funding

$351.6M

Headquarters

Singapore, Singapore

Founded

2007

Get referred to PatSnap

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • October 2026 BenchSci EMET integration puts Patsnap inside preclinical scientist workflows.
  • May-August 2026 FactSet and Evolvus deals expand biopharma revenue and dataset breadth.
  • September 2026 hiring of Mark Davies and Matthew Birch sharpens life sciences and drafting execution.

What critics are saying

  • OpenAI, Clarivate, and LexisNexis can copy agent features and compress pricing by 2027.
  • Patsnap's 97% precision claim on 420 patents leaves error exposure in legal and chemistry workflows.
  • Platform dependence on BenchSci, FactSet, and other partners creates churn risk if integrations stall.

What makes PatSnap unique

  • Patsnap spans patents, clinical trials, deals, and literature across 200 million patents.
  • Its 2026 MCP servers and Open Platform embed IP intelligence inside partner workflows.
  • BenchSci, FactSet, Intellegens, and Evolvus integrations widen Patsnap's distribution moat.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$351.6M

Above

Industry Average

Funded Over

4 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$250M
$300M
$1.3B
$1.5B

Benefits

  • Paid Vacation
  • Unlimited Paid Time Off
  • Mental Health Support
  • Parental Leave
  • Life Insurance
  • Private Healthcare
  • Private Pension
  • RRSP Contribution Matching
  • Eyecare Voucher Scheme
  • WFH Stipend
  • Cycle To Work scheme
  • Company Equity

Growth & Insights and Company News

6 month growth

1%

1 year growth

0%

2 year growth

0%
Business Wire
Oct 28th, 2026
Patsnap launches AI agents to pull SAR data and lead compounds from patents, with 97% precision

Patsnap has launched two AI agents, Lead Compound Analyzer and SAR Extractor, in its Eureka Life Sciences platform. They help drug discovery teams find likely lead compounds and pull structure-activity data from small molecule patents. Patents often hold early data on new compounds, but structures appear as images and activity values sit in tables, sometimes pages from their legends. The agents turn this into structured data with source references that scientists can check. Lead Compound Analyzer picks up to 10 likely lead compounds in a patent and groups them by the strength of the biological evidence. SAR Extractor processes up to 10 patents per task and links structures to activity values, targets and experimental context. Patsnap's chemical structure recognition model reached 97% precision in tests on more than 420 English-language patents. Both agents are available now.

Life Science Connect
Oct 28th, 2026
Patsnap launches AI agents to extract SAR data and identify lead compounds from small molecule patents.

Patsnap launches AI agents to extract SAR data and identify lead compounds from small molecule patents. Toronto, ON (BUSINESS WIRE) - Patsnap today announced Lead Compound Analyzer and SAR Extractor, two AI agents in Patsnap Eureka Life Sciences that help drug discovery teams identify likely lead compounds and extract structure-activity data from small molecule patents. By reducing manual extraction, the agents help medicinal chemistry, competitive intelligence and computational teams assess competitor compounds, compare chemical series and inform further research. Learn more here. AI is giving drug discovery teams new ways to analyze compounds and guide molecular design, but those workflows depend on the experimental data available to them. Patents are often an early public source of new compounds, potency data and structure-activity relationships, yet that evidence remains difficult to reuse. Compound structures appear as images, activity values sit in tables and the legends that explain them can be pages apart. Connecting those details by hand takes time. The new agents help turn that scattered evidence into structured, source-referenced data that scientists can review and use in computational research. "Patents disclose valuable evidence about which compounds were made, how they were tested and what the results showed. Making that evidence usable still takes substantial scientific effort," said Mark Davies, Head of Product, Life Sciences, at Patsnap. "These agents bring structures and activity data together, with references scientists can check, so teams can spend more time assessing the chemistry and deciding what to investigate next." The two agents address complementary parts of this challenge: Lead Compound Analyzer identifies up to 10 compounds most likely to be the lead in a small molecule patent, grouped by the strength of the biological evidence disclosed. Supporting rationale and source references help scientists assess the candidates and determine where further investigation is needed. SAR Extractor processes up to 10 patents per task, connecting compound structures with reported activity values, targets and experimental context in a structured table. Patsnap's optical chemical structure recognition (OCSR) model achieved 97% precision in testing across more than 420 randomly selected English-language patents, covering over 8,800 structures and 5,100 complete molecules. Separate confidence scores for structure and activity, alongside source references, help scientists review the extracted data and validate findings. Used together, the agents help teams assess likely lead compounds alongside the wider chemical series disclosed in patents, supporting competitor assessment and structure-activity analysis. They complement Patsnap Chemical and Synapse within Patsnap's broader portfolio of chemistry, target and drug development intelligence. Davies will present "Patents In, SAR Out: Grounding Agents in Chemistry" at the AI Drug Discovery & Development Summit in Boston on 29 October. Both agents are available now. Drug discovery, competitive intelligence and computational chemistry teams can request a demonstration using patents relevant to their research here. About Patsnap Founded in Singapore in 2007, Patsnap is a leading global innovation intelligence company. Leveraging domain-specific AI agents and robust analytics tools, Patsnap empowers IP, R&D and Life Sciences teams to unlock insights, accelerate discoveries, and protect breakthroughs. Trusted by nearly 20,000 enterprises, law firms, and research institutions in over 50 countries, including one-third of the world's largest R&D spenders, Patsnap transforms how organizations innovate and make critical decisions. Learn more at www.patsnap.com. (C) 2026 Business Wire, Inc. Like what you are reading?

PatSnap
Oct 22nd, 2026
Patsnap now available in BenchSci's EMET as companies partner to integrate Patent and Drug Development Intelligence into Unified Scientific Research Workflows.

Patsnap now available in BenchSci's EMET as companies partner to integrate Patent and Drug Development Intelligence into Unified Scientific Research Workflows. Preclinical scientists can now check the patent and clinical picture for targets using Patsnap data inside EMET. TORONTO, Oct. 22, 2026 - Patsnap, the global leader in AI innovation intelligence, and BenchSci, a leading provider of AI software for biopharma research and development, today announced that Patsnap's Life Sciences and Patent MCPs (Model Context Protocol servers) are now available in EMET, BenchSci's agentic research environment for preclinical drug discovery. Scientists using EMET can connect their Patsnap subscription and query Patsnap's drug, target, clinical, patent and literature data directly within EMET. For most preclinical teams, patent, clinical and competitive intelligence sits in separate systems from the environment where experiments are designed. Answering a question such as "who else has filed on this target" or "what is the clinical status of compounds in this class" has meant leaving the research workflow, running a separate search and bringing the answer back by hand. "Scientists do not want another tool. They want the right answer in the tool they already use. Putting Patsnap's life sciences and patent intelligence inside EMET means a researcher can ask whether a target is clinically crowded or freely patentable in the same breath as asking what the biology says, and get both answered," said Will Phillips, Head of Life Sciences, Patsnap. Patsnap brings to the partnership one of the industry's most comprehensive innovation datasets, spanning more than 200 million patents alongside drug, target, clinical trial, deal and scientific literature records. Structure and orchestration come from EMET, including the Biological Evidence Knowledge Graph of over 850 million nodes and 2.2 billion relationship edges, spanning publications, omics datasets, clinical trials, reagents, and experimental methods, harmonized against 38 million ontological entities. Patsnap is not just a connector in the system, additional scientific reasoning and intelligence built into EMET's orchestration layer enable EMET agents to determine when Patsnap intelligence is relevant to a task, drawing on patent, drug, target, clinical and literature data to inform their scientific workflows. "Scientists shouldn't have to leave their work to find out what's already been claimed. With Patsnap in EMET, the IP picture arrives alongside the biology, so it can shape the experiment rather than follow it," said Liran Belenzon, co-founder and CEO, BenchSci. What scientists can do with Patsnap in EMET: * Map the patent landscape around a target: see who else has filed on it before committing to experiments. * Check the clinical and competitive picture: find the clinical status of compounds in the same class. * Assess freedom to operate for a sequence without running a separate search. The integration builds on a year of momentum for Patsnap in life sciences, including the launch of its Life Sciences MCP servers for AI agents, the availability of its Synapse drug intelligence through FactSet Workstation (May 2026), and a strategic data partnership with Evolvus to expand curated modality intelligence for biopharma R&D and IP teams (August 2026). The Patsnap integration continues a period of rapid growth for EMET. BenchSci recently announced partnerships with Google Cloud (August 2026) and the American Society for Microbiology (September 2026), bringing ASM's journals into EMET. BenchSci was also named to Deloitte's 2025 Technology Fast 500. The integration will be demonstrated at a live webinar, Integration of Patent and Drug Development Intelligence into Unified Scientific Research Workflows on October 29, 2026. The integration is available today and requires a Patsnap MCP subscription, licensed directly through Patsnap. Learn more about Patsnap MCP's here. About Patsnap Patsnap is a leading global AI innovation intelligence company for IP, R&D and life sciences teams, founded in Singapore in 2007. Leveraging domain-specific AI agents and robust analytics tools, Patsnap empowers IP, R&D and Life Sciences teams to unlock insights, accelerate discoveries, and protect breakthroughs. As of October 2026, trusted by nearly 20,000 enterprises, law firms, and research institutions in over 50 countries, including one-third of the world's largest R&D spenders, Patsnap transforms how organizations innovate and make critical decisions. Learn more at www.patsnap.com. About BenchSci BenchSci is a world leader in AI software for biopharma research and development on a mission to exponentially increase the speed and quality of life-saving R&D to help bring new medicines to patients faster. Patsnap apply AI to understand how disease biology works throughout the drug discovery pipeline to solve the number one reason drug discovery projects fail - getting the biology wrong. EMET, BenchSci's agentic AI workbench, unifies data, models, workflows, and scientific reasoning into a single environment purpose-built for preclinical R&D - giving every scientist an agentic team of PhD scientists to reason through disease biology behind every question. Backed by top-tier investors, including Generation Investment Management, iNovia Capital, TCV, F-Prime, Gradient Ventures (Google's AI fund), and Golden Ventures, BenchSci has raised over $200 million. Its platform accelerates science at 16 top-20 pharmaceutical companies and over 4,500 leading research centers worldwide. For more information about BenchSci, visit www.benchsci.com. Media contacts Kate White Diane Hepps, MPH

The Business Times
Oct 13th, 2026
Drylab AI raises $3M seed led by Vertex Ventures for autonomous research agents

Singapore-based Drylab AI, an artificial intelligence agent platform, has raised a $3 million seed round led by Vertex Ventures. Patent intelligence unicorn PatSnap also took part. Drylab builds agents that run scientific research on their own, without scientists having to prompt or supervise each task. The agents set strategies, choose from more than 800 integrated scientific tools and databases, run experiments, interpret results, and troubleshoot failures. Drylab trained its model on real scientific analysis runs. The platform launched in February and has paying customers among pharmaceutical companies, cancer centres, biomedical research institutes, and universities in the US, Europe, and Asia. Pharmaceutical firms and research institutions can deploy it on their own infrastructure to protect their data. Drylab will use the funding to hire engineering, biology, and sales staff, and to obtain the security and compliance certifications large research organisations require.

Associated Press
Aug 6th, 2026
Patsnap partners with Evolvus to expand bioactivity data for complex therapeutic modalities

Patsnap, an AI-native innovation intelligence platform for IP and R&D, has partnered with life sciences data specialist Evolvus to expand bioactivity datasets for complex therapeutic modalities. The partnership will integrate Evolvus's ConnectorBase platform into Patsnap Bio, providing curated data on antibody-drug conjugates, peptides, protein degraders, and chemically modified nucleotide sequences. The collaboration will deliver four machine learning-ready bioactivity datasets covering ADCs, oligonucleotides, peptides, and proximers. These datasets include detailed information on chemical modifications, linker details, patent associations, and bioactivity data including assay results and biological targets. The integration aims to help biopharma R&D and IP teams evaluate complex molecules more effectively by combining scientific context, bioactivity data, and patent landscape information in a single platform. Singapore-based Patsnap serves over 15,000 enterprises globally, including one-third of the world's largest R&D spenders.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for PatSnap right now.

Find jobs on Simplify and start your career today

We update PatSnap's jobs every few hours, so check again soon!Browse all jobs