Bloomberg reported that PatSnap was considering a confidential dual listing in Hong Kong and Singapore and a potential $300M–$400M share sale; this was reported as a plan/consideration, not a completed IPO.
SourcePublic company, workplace, funding, and market signals
Updated Aug 2, 2026
PatSnap is a Singapore-founded, privately held AI-native innovation-intelligence software company. Its platform combines patent, scientific-literature, legal, market and technical data with domain-specific AI agents to help R&D, IP, engineering, life-sciences and materials teams move from ideation and technical discovery through IP protection and commercialization.
Primary product
Eureka by PatSnap: an AI-native innovation-intelligence platform for patent search, novelty/FTO analysis, patent drafting, technology landscaping, R&D problem solving, life-sciences research and materials/formulation intelligence.
Founded
2007
Headquarters
Singapore, Singapore
Team size
Approximately 500–800 globally; Revelio Labs estimated 582 in Q1 2026, while PatSnap's careers page still says 800+ (likely stale or differently scoped).
Work style
Flexible
Industry
Software Development
Sub-industry
AI-powered patent, IP and R&D intelligence / enterprise SaaS
Offices
Stage
Late-stage private / unicorn; exploring a potential dual IPO but not publicly listed as of 2026-08-02
Total raised
$352M
Latest round
Series E · Mar 2021
Latest amount
$300M
Mar 2021 · SoftBank Vision Fund 2 and Tencent Investment
Oct 2018
Leadership
Founder & CEO
Co-founder; APAC General Manager & CMO
Co-founder & VP / SVP, Corporate Strategy
Markus Haense
Founder / Chief Technology Officer / Head of Research
Investors
Company-described culture is growth-obsessed, collaborative and globally diverse, emphasizing integrity, leadership, openness, growth, innovation and customer-centricity. Public employee sentiment data is mixed/negative in 2026, so the official culture claims should be treated as employer positioning rather than independent assessment.
Work style
Flexible
Compensation
No reliable company-wide compensation bands found. Third-party workforce data estimates global average salary around $73,764, with materially different regional medians; this is an estimate, not a PatSnap disclosure.
Benefits
Pricing
Public list pricing is not disclosed. The product is primarily enterprise subscription software; Eureka offers free self-serve trial access with Pro and Enterprise upgrade paths, while API/data and professional-services pricing appears quote-based.
Differentiators
Technology
Estimated revenue
Approximately $100M+ annual recurring revenue, based on company/executive statements for 2024; a defensible GAAP annual-revenue range is not publicly disclosed.
Bloomberg reported that PatSnap was considering a confidential dual listing in Hong Kong and Singapore and a potential $300M–$400M share sale; this was reported as a plan/consideration, not a completed IPO.
SourcePatSnap disclosed a legal settlement with Paitrix. Public evidence reviewed did not establish a shutdown, acquisition or material operational impact.
SourcePatSnap · Jul 2026
PatSnap joined an ASEAN IP offices cooperation arrangement to improve access to regional IP data and support AI-assisted search and examination across Southeast Asia.
PatSnap · Jun 2026
PatSnap integrated its Open Platform patent intelligence into Intellegens' Alchemite Insight to help teams validate formulation choices earlier in R&D.
PatSnap · Jun 2026
The partnership integrates PatSnap patent intelligence into Intellegens Alchemite formulation workflows for earlier novelty and FTO checks.
The Business Times · Jun 2026
Business model
Jun 2018
Nov 2016 · Shunwei Capital
Dec 2015 · Summit Partners
Aug 2014 · Accel-X / NUS Enterprise
Jan 2013
Jan 2010 · Accel-X and NUS Enterprise
Customers
Competitors
PatSnap said it had reached $100M ARR and turned profitable; public workforce data shows a modest headcount dip during 2023–2024 followed by growth, but no verified company-wide layoff announcement was found.
SourceA feature on PatSnap's GenAI strategy, international expansion, and how the company is positioning its patent intelligence platform for growth.
The Business Times · Jun 2026
Jeffrey Tiong discussed PatSnap’s GenAI strategy, expansion across 50 countries and the continuing evolution of its patent-intelligence platform.