Solve Intelligence has announced a $40 million Series B funding round, bringing its total capital raised to $55 million.
The London-based startup, which quietly built a powerhouse product for intellectual property (IP) professionals, is now scaling its ambition: to become the definitive AI platform for the entire patent lifecycle.
That may sound aspirational, but the numbers tell a compelling story. Since its launch, Solve has attracted over 400 IP teams across six continents, spanning both elite law firms and major corporate legal departments.
And perhaps most impressively, according to early investor Harry Stebbings of 20VC, the company generated “$10M+ revenue in a year” with just a single sales representative, all while remaining highly profitable.
Patents are among the most technically dense, legally nuanced, and strategically valuable assets a company can hold. Yet the process of managing them, from invention disclosure to global filing, prosecution, litigation, and licensing, is notoriously manual, slow, and expensive.
A single patent application can take over a year to draft and file, and responding to office actions from patent offices like the USPTO or EPO requires deep legal expertise.
The platform helps IP teams automate and streamline tasks across the entire patent workflow. Its users, ranging from Fortune 500 in-house counsel to boutique IP law firms, rely on Solve not just for speed, but for security, accuracy, and seamless integration with their existing tools and processes.
Crucially, the company employs its own team of expert patent attorneys, ensuring that its AI is legally sound.
Alongside the funding news, Solve is launching Charts, a new product that marks a major expansion beyond drafting and prosecution into high-volume IP analysis. What sets Charts apart is its ability to let firms encode their proprietary know-how into reusable AI “styles,” templates, and workflows, all with full citation support and transparent reasoning.
According to industry data from the American Intellectual Property Law Association (AIPLA), the average cost of preparing a single utility patent application in the U.S. exceeds $16,000.
For litigation involving claim charts, costs can easily run into the hundreds of thousands. Tools like Charts aim to reduce both time and expense while improving consistency, addressing a real pain point in a $100+ billion global IP services market.
Behind Solve’s rise is CEO Chris Parsonson, a founder Harry Stebbings describes as “top 1%” in focus and conviction. The Series B includes a remarkable roster of angel investors—many of them founders of leading tech and legal-tech companies, including Deel, Ironclad, Canva, Hugging Face, and OpenAI (via Colin M. Evans). Their participation signals strong cross-industry validation of Solve’s approach.
With over 400 teams already relying on Solve, and now armed with $40 million in fresh capital, the company is positioned to do for patents what tools like Ironclad did for contracts: make complex legal work faster, smarter, and more scalable, without sacrificing rigor.
For IP professionals watching the AI wave, the message is clear: the future isn’t about replacing lawyers. It’s about empowering them with the right intelligence, at the right time.
