IPRally, a patent search engine powered by explainable AI, raises $10.8M

IPRally, a Finnish startup building a knowledge graph-based patent search engine, has raised €10 million ($10.8 million) in a Series A round of funding.
Founded in 2018, IPRally is one of a number of emerging players looking to infiltrate a billion-dollar intellectual property (IP) management market dominated by incumbents such as Clarivate, Anaqua, and Questel. The Helsinki-based startup touts a modern AI-powered alternative to other keyword-based search engines, one that promises to help users search and categorize patents more quickly and accurately — with explainability at its core.

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