Tradespace Raises $15 Million Series A to Scale AI-Native IP Management Platform

New updates have been reported about Tradespace.

Tradespace has secured a $15 million Series A round led by AVP to accelerate the rollout of its AI-native intellectual property platform, positioning the company to move more IP development and management in-house for large enterprises. Existing investors Eniac Ventures, Amplo VC, and Scrum Ventures joined the round, which follows Tradespace’s November 2025 acquisition of Paragon Patents and further strengthens its lead in AI-driven, agentic patent workflows. CEO and Co-Founder Alec Sorensen said the company is directly targeting the cost and speed constraints of the traditional IP law firm model, as in-house IP teams face pressure to support faster innovation cycles without corresponding budget increases amid record legal fees. The capital will be used to deepen AI capabilities across the IP lifecycle and to scale go-to-market efforts with Fortune 500 enterprises and research institutions.

Tradespace’s platform embeds AI into R&D and IP operations, enabling corporate IP teams to harvest inventions, search prior art, draft applications, respond to office actions, and run licensing campaigns while keeping attorneys involved for quality control. The company reports that customers have reduced outside counsel spending by 50%, increased invention disclosures from R&D by 40%, and cut time-to-file from weeks to days, effectively shifting budget from routine legal work to strategic IP decisions. The platform currently manages more than 440,000 patents for over 80 organizations, including major technology companies and 75% of leading US research universities, and AVP’s Manish Agarwal described Tradespace as a candidate to become the “standard operating system” for IP across the Global 2000. For executives, the key implications are lower IP operating costs, greater control and visibility over high-value patent portfolios, and the potential to align IP strategy more tightly with innovation pipelines and licensing revenue opportunities as Tradespace continues to scale its AI-native offering.