Tech Company Financing Transactions
Tangibly Funding Round
Madrona Venture Group, DLA Piper Venture Fund and Holt Ventures participated in a $6.5 million Seed capital raise for Tangibly. This VC investment round closed on 7/16/2023.
Transaction Overview
Company Name
Announced On
7/16/2023
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its recently launched AI-powered Patent X-Ray, which enables in-house legal teams and outside counsel to rapidly identify potential trade secrets associated with their issued and published patents.
Company Information
Company Status
Private & Independent
Industry
LegalTech
Mailing Address
Undisclosed
Seattle, WA 98104
USA
Seattle, WA 98104
USA
Phone
Undisclosed
Website
Email Address
Overview
Unlike the patent and trademark system, governments merely provide a legal framework for protecting your trade secrets. The rest is up to you. Tangibly delivers an end-to-end solution for effective administration and protection of trade secrets. Tangibly can be used to simplify proof in litigation, show increased enterprise value to investors or acquirers, as well as manage compliance with HR, NDA, and other documents used every day. Our innovative platform provides an efficient process that allows for working smarter, resulting in protection and peace of mind. Welcome to a new world of IP management.
Management Team
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