Unleashing the strategic value of patents
About Us
Cipher’s mission is to enable patent owners to make rational decisions by providing strategic patent intelligence, powered by machine learning. We are part of the community that promotes the importance of patents as strategic assets that deliver value to an organisation. We provide Solutions to the strategic challenges facing patent owners.
On this page:
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After 25 years of advising companies on the strategic importance of intellectual property, I realised that patents would never evolve into a functional asset class without a trusted source of data in a form optimised for business decisions. The founder directors and investors agreed that this was a problem worth solving.
Nigel Swycher, CEO and co-founder, Cipher
Our Story
Cipher was founded by Nigel Swycher (CEO) and Steve Harris (CTO) in 2013 to harness the latest developments in AI and machine learning to automate recognised inefficiencies in the aggregation, analysis and visualisation of data relating to the ownership and use of patents.
Initially, Cipher was focused on analysing and comparing patent owning companies. In 2017 we invented Cipher Classifiers, a new and improved way to map patents to technologies using supervised machine learning. This breakthrough made it possible to establish objective and repeatable ways to communicate both the risk and value associated with patents to IP leaders, the board and the investor community more broadly.
Cipher is recognised as the leading provider of strategic patent intelligence to major patent owning organisations.
Cipher as part of the Community
Transparency
Cipher is a founding member of the Open Register of Patent Ownership (ORoPO), which is committed to improving the data quality around patent ownership.
PAE risk
Cipher is a member of LOT Network as we believe that patents should encourage innovation and not litigation. Read our report on the LOT Network portfolio.
Leadership Team
Nigel Swycher – CEO
Nigel is CEO and co-founder of Cipher. Nigel’s background is as an IP lawyer, having been a partner at Slaughter and May, London for 20 years. Throughout his career Nigel has focused on the creation, defence and exploitation of IP assets, and helping companies, their advisers and investors understand the importance of intangible assets. Nigel is a director of ORoPO (the Open Register of Patent Ownership) and is a recognised as an expert by the IAM Strategy 300.
Steve Harris – CTO
Steve is the co-founder and responsible for the design and implementation of Cipher. Previously he was CTO of a UK-based FinTech startup, Garlik, until its sale to Experian in 2011. Steve was a researcher at the University of Southampton, specialising in Artificial Intelligence, Information Extraction, and Graph Databases. Steve advises the UK Government and European Commission. In 2020 Steve was recognised as an expert by the IAM Strategy 300.
Stewart Hogg – CRO
Stewart leads the Commercial arm of Cipher, managing the Sales, Customer success and Marketing teams, responsible for delivering revenue. Stewart has run commercial teams, previously as Head of Sales and Marketing at Maplecroft for 4 years. Prior to that he was at Wood Mackenzie for 12 years, where he held sales leadership positions in Europe and US, launching the sales effort in New York around Institutional Investors. He started his career at Jobsite.
Niall McMahon
Head of Research
Niall leads the team working on integrating strategic patent intelligence solutions into client workflows. Niall has over 20 years experience in research and analysis, specifically covering upstream oil & gas, energy markets and above ground risk. Niall was Senior VP Head of Research with Verisk Maplecroft. Previous to that Niall was Head of Investment Research with Wood Mackenzie in New York.
Francesca Levoir
Head of Marketing
Francesca is responsible for building awareness of the Cipher brand and lead generation. Francesca worked at Wood Mackenzie for 16 years in Marketing, building teams in Asia and Europe; focusing on building brands in new markets, product launches, acquisitions and developing new business leads for sales. Francesca started her Marketing career at Procter & Gamble.
Board Members
Steve Halliday
Chairman
Steve was Chairman, Natural Resources at Verisk Analytics and prior to that, CEO of Wood Mackenzie, providing natural resources commercial intelligence from 2007 to 2015. Steve played a key role in the management buy-out in 2001, the exit to Candover in 2005, and led further exits to Charterhouse and Hellman and Friedman as well as the sale to Verisk in 2015.
Scott Bell
Non Exec Director
Scott is Head of UK Investment Banking at Deutsche Bank. He is also global co-Head of Consumer & Retail Investment Banking. Scott qualified as a Chartered Accountant with Arthur Andersen and has spent his subsequent career in London and New York with Schroders, Goldman Sachs and HSBC. Scott has an MA from Cambridge University, and is a native of Scotland.
Eyal Malinger
Non Exec Director
Eyal is Investment Director at Beringea and is responsible for sourcing investments, executing deals and monitoring portfolio companies. He currently sits on the boards of Poq, Zoovu, Festicket, Papier, and MPB.com. Prior to joining Beringea, Eyal was director of Corporate Development at Countrywide PLC where he oversaw investments in the Property Technology sector.
Advisory Board
Phil David
Phil has over 20 years legal experience in high technology. He joined ARM Holdings in 1994 and served as General Counsel from 2003-2017. Phil was Chairman of ARM’s IP Steering Committee. Phil is a director of the Open Register of Patent Ownership (oropo.net) and served as a Non-Executive Director to Sarantel from 2010-2013.
Ewan Stradling
Ewan is CEO of BMS Finance, an investor and lender to high-tech companies. Ewan has worked in a range of companies, including as CFO for Netdecisions, and Agilisys, a high growth IT outsourcer. Before that, Ewan worked for Investec in their corporate finance department specialising in the technology, media and telecoms sector.
Moni Mannings
Moni is a Non-Executive Director on the boards of FTSE 250 companies Investec Bank PLC and Polypipe Group PLC, a Trustee of children’s charity Barnardo’s and Council Member of Cranfield University. Prior to that Moni enjoyed a 30 year career as a finance lawyer. Until August 2017 Moni was also a Director and COO of Aistemos.
Dr Jeremy Phillips
Professor Jeremy Phillips is one of the world’s most respected IP academics. Jeremy was founding editor of the Journal of Intellectual Property Law and Practice and creator and blogmeister of the best read IP blog, IPKAT. He retired in 2016, but continues as Nigel Swycher’s inspiration.
Sir Nigel
Shadbolt
Sir Nigel Shadbolt is Principal of Jesus College, Oxford and Professorial Research Fellow in the Department of Computer Science, University of Oxford. He is Chairman of the Open Data Institute which he co-founded. Nigel is an interdisciplinary researcher, policy expert and commentator.
With Cipher you can…
Optimise your portfolio
Ensure you have the right portfolio to meet your strategic patenting objectives.
Gather competitor intelligence
Understand who’s doing what by automating patent to technology mapping.
Model cross licensing
Combine patent and revenue data to determine rational licensing outcomes.
Manage your budget
Justify patent budgets to CFOs and communicate the impact of your investment.
Conduct due diligence
Automate manual reviews for efficient execution of M&A and licensing transactions.
Tackle inbound patent assertion
Be prepared with evidence to create a fast and effective threat assessment.
Benchmark your portfolio
Assess your portfolio in comparison to other owners through your technology lens.
Monetise your portfolio
Identify opportunities to create value through licensing or sale of patent assets.
Predict technology trends
Track today’s new technologies and discover the unknown owners of future disruptive innovation.
Why Cipher
Trained by humans, built by machine to give you independently verified accuracy
“Cipher’s classifiers enable you to understand the patent landscape or analyze a portfolio. Combining expertise in both IP and data science, Cipher provides you with solutions to the strategic problems patent owners face, with quick and accurate results.” Erik Oliver, Richardson Oliver Insights
