If you're looking for a service that will give you a first-pass assessment of patent infringement risks before you invest in a startup, Evalify is a good option. This AI-based system uses machine learning to read more than 200 million patent documents from around the world and produce a freedom-to-operate score and report in a matter of minutes. It's geared for venture capitalists, angel investors and startup founders, offering a safe, human-free assessment costing $249 per report, though discounts apply for volume purchases.
Another alternative is Maigon, an AI-based contract review tool that can handle many types of contracts, including patent infringement ones. Maigon automates the review process to ensure compliance with regulations like GDPR and industry norms. It can handle more than 50 languages and has a custom playbook, so it's adaptable for in-house sourcing teams, legal departments and law firms.
Although geared primarily for contract review, Lawgeex also has more advanced AI abilities for analyzing contracts, including spotting potential patent infringement risks. By marrying human expertise with AI, Lawgeex offers contract reviews that are accurate and transparent, which can be useful for startups trying to modernize their legal work and make more informed investment choices.