Finnish Startup IPRally Raises €2M to Transform Patent Search
IPRally, a Helsinki-based startup specializing in AI-driven patent search solutions, has successfully secured €2 million in seed funding. The round was led by JOIN Capital and Spintop Ventures, with participation from Icebreaker VC, bringing the company’s total funding to €2.35 million since its 2018 inception.
The Patent Search Challenge
Founded by CEO Sakari Arvela—a seasoned patent attorney with 15 years of experience—and CTO Juho Kallio, IPRally addresses a critical pain point in intellectual property (IP) research. Traditional patent searches rely on manual processes or rudimentary keyword-based tools, which often fail to capture the nuanced technical relationships between patents.
“Patent search demands both deep technical expertise and the ability to compare technologies at a granular level,” explains Arvela. “For decades, this has been a manual, labor-intensive task—even modern machine learning models lack the precision required.”
How IPRally’s Knowledge Graph Works
IPRally’s breakthrough lies in its knowledge graph technology, which structures patent data into interconnected nodes that mirror how IP professionals think. This approach offers several advantages:
- Enhanced Accuracy: Goes beyond keyword matching to understand technical context.
- Machine Readability: Enables detailed computational analysis of patent landscapes.
- Transparency: Provides explainable results, unlike “black-box” AI solutions.
“Our model is tailored specifically for patents,” says Arvela. “It bridges the gap between human expertise and machine efficiency.”
Traction and Competitive Edge
IPRally’s innovative solution has already attracted high-profile clients, including Spotify, ABB, and multiple IP offices. The platform is designed for corporations actively managing R&D portfolios and navigating compe***** IP landscapes.
While established players like Clarivate and Questel dominate the market with traditional search tools, IPRally differentiates itself with its graph-based approach. Competing AI startups like Amplified and IPScreener exist, but Arvela emphasizes IPRally’s superior accuracy and user control.
The Future of Patent Search
With this new funding, IPRally is poised to expand its technology and market reach. As patent filings continue to surge—333,530 U.S. patents were granted in 2019 alone—the demand for efficient, intelligent search tools has never been greater.
By combining domain expertise with cutting-edge AI, IPRally is redefining how businesses protect and leverage their intellectual property.
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