Evalify

Evalify is an AI-powered tool that's intended to give investors a quick assessment of legal risks involving early-stage startups. By analyzing nearly 200 million patent documents from more than 170 countries, Evalify offers a single data point that can help spot potential intellectual property problems in a matter of minutes.

The service offers a preliminary freedom-to-operate score and report that evaluates patent infringement risks around the world. That can be useful for investors trying to reduce risks, especially in the early days of a startup. Evalify doesn't store pitch decks, and no humans see the results, which are locked to user profiles.

Among its features:

• Preliminary Freedom-to-Operate Score: A full FTO analysis and scoring system.
• Stealth Startup-Friendly: Confidentiality through secure, human-free analysis.
• Patent-Derived Instant Insights: Automated FTO assessments based on nearly 200M patent documents.
• Fast and Cost-Effective: Faster and cheaper than traditional IP professional approaches.

Here's how it works: You upload your pitch deck, Evalify searches patent documents, and then produces a score and report in a few minutes. It's useful for venture capitalists, angel investors, startup incubators and accelerators, founders and entrepreneurs who want to reduce legal risks and make better investment decisions.

It costs $249 per report, though discounts are available for bulk purchases. The idea is to offer a low cost that's fast and accurate, not cheap and slow, so Evalify can be a useful tool for startup investors.

Using AI technology, Evalify can speed up and improve decision-making, and it can offer a scalable, reliable option for investors and startups.

Published on June 12, 2024