7th March 2023
Dealroom and Cipher partner to deliver patent intelligence to investors
Dealroom and Cipher are excited to announce their partnership, bringing patent data to dealroom’s customers to enhance their search for great startups.
Dealroom is the only platform that provides data and intelligence on startups and tech ecosystems that now includes information on patents by technology for each startup. Dealroom is using Cipher’s classified patent data in the patent intelligence part of the platform.
You can now use patent filings as criteria in your startup searches and funding round filtering. You can also dive into a company’s patent history with the heatmap tool, which gives an instant overview of the total number of patents held by year, by patent category, and more, to gain insights into a company’s innovation strategy and timelines.
Cipher uses machine learning to classify all 44 million + patents in the world into technology areas. You are now able to access this through the dealroom by company or technology area.
Dealroom and Cipher both believe in bringing transparency to data to enable better business decisions. With this collaboration the investor community can use patent intelligence to discover promising companies, optimise portfolios, and stay ahead of the competition by automating innovation analysis.
Dealroom blog: Introducing startup patent intelligence
Dealroom.co is a global provider of data and intelligence on startups and tech ecosystems. Founded in Amsterdam in 2013, we now work with many of the world’s most prominent investors, entrepreneurs and government organisations to provide transparency, analysis and insights on venture capital activity. Our mission is to accelerate entrepreneurship & innovation through data for governments, corporates and VCs, founders. Good data is valuable by itself. Building an engaged community around that data is 10x more valuable however. Data transparency has the power to accelerate entrepreneurship and innovation. It does so by inspiring people and enabling better decision-making. Rather than treating data as something to be hoarded, our mission is to support startup ecosystems.
Cipher is a Software-as-a-Service (SaaS) analytics platform which uses machine learning to automate the classification of patented technologies into custom or industry standard taxonomies. This classification supports IP teams in their strategic patent decisions and helps them communicate the risk and associated value of patents. With Cipher you can optimise your patent portfolio, gather competitor intelligence, manage your budget, conduct due diligence and benchmark your portfolio.
Cipher’s Universal Technology Taxonomy
Cipher’s unique Universal Technology Taxonomy (UTT) takes millions of assets and sorts them into:
- 10 Technology Superclasses
- 122 Technology Sub-classes
The UTT supports data exploration to answer patent search questions. It also demonstrates a range of intelligence for benchmarking, competitor analysis and investment activity.
With relative ease, the UTT can figure out the innovation leaders and laggards in particular area of technology, such as sustainable development.