Loci
Sterling, US · Founded 2016 · Delaware corporation · 4 known investors
Loci maps ideas, inventions and patents, powering InnVenn, a visual Venn-diagram-based patent search tool for inventors.
Also known as Loci, Inc. · Loci.io · LociPro
Founders & leadership
Loci was founded in 2016 by John Wise.
Investors · 4
Reported raises · per SEC filings
Form D private placements$1.4M disclosed across 2 rounds · 2017
▶$1.1MraisedDec 2017 · 22 investors · OtherRule 506(c)
- John WiseExecutive Officer, Director
- Offering amount
- $1.1M
- Amount sold
- $1.1M
- First sale
- Aug 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06c
▶$305KraisedAug 2017 · 10 investors · OtherRule 506(b)
- John WiseExecutive Officer, Director
- Offering amount
- $350K
- Amount sold
- $305K
- First sale
- Jul 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Loci (Loci.io, also referenced as Loci, Inc.) is a Sterling, Virginia software company building an interactive, user-modifiable map of technologies, inventions, patents, ideas and concepts, with the stated aim of determining what is already known and what has been done with that knowledge. The platform scrapes the web for patents, technical papers, products and ideas, then backfills the resulting data set with active users' queries and identification of "whitespace" — areas of innovation where little prior work exists — to populate a map unique to each user.
The company's user-facing product is InnVenn, a patent research tool that presents keyword searches relevant to an idea as a Venn diagram, giving users a visual breakdown of crowded areas of innovation versus areas with room for development. The company positions InnVenn as an alternative to the traditional, more convoluted patent research process. Within the platform, most transactions are intended to be conducted using LOCIcoin, a token associated with the company.
Founding story
Founder and CEO John Wise began his career in the automotive racing industry, working as a mechanic, crew chief and data engineer for U.S. auto racing teams. He has said that one of the biggest challenges he encountered in that work was obtaining patents for his own inventions, and after more than a decade in racing he drew on that experience to start Loci. According to Wise, the company went through several failed attempts before arriving at its current approach.
Business model
Loci operates a software platform for patent and idea research, with LOCIcoin intended as the medium for most transactions inside the InnVenn platform.
Traction
Listed at "Full Product Ready" stage with 22 employees and an October 2015 founding date on its investor profile. A token sale for LOCIcoin concluded on 31 December 2017.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
The company describes itself as filling a void in the market, with its CEO stating that no other company of its nature exists, and characterising InnVenn as an alternative to conventional patent research workflows.
A visual, Venn-diagram-based interface to patent research combined with a user-specific map of the known idea landscape, intended to surface unexplored whitespace rather than return conventional search result lists.
Technology
The system scrapes the web for patents, technical papers, products and ideas and combines that corpus with active users' queries and whitespace recognition to generate a per-user map of technologies, inventions and concepts. InnVenn renders keyword searches for an idea as a Venn diagram to visualise density of existing innovation.
Go-to-market
Inventors, small business owners, entrepreneurs and lawyers — broadly, anyone generating new ideas who needs to research prior art and secure intellectual property rights.
Geography
Headquartered in Sterling, Virginia, United States.
History
Founded by John Wise following a career in automotive racing, the company is incorporated as a C-corp based in Sterling, Virginia. It developed the InnVenn patent search tool on top of the Loci platform and completed a LOCIcoin token sale at the end of 2017.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsThe company's token sale for LOCIcoin, the token intended for most transactions within the InnVenn platform, wrapped up on 31 December 2017.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Loci - Private, Offline AI - Apps on Google Playplay.google.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Loci do?
- Loci maps ideas, inventions and patents, powering InnVenn, a visual Venn-diagram-based patent search tool for inventors.
- Who founded Loci?
- Loci was founded by John Wise in 2016.
- Who are Loci's investors?
- Loci's investors include Blue Wire Capital, TIRTA Ventures, European Innovation Council Fund, Launch Capital.
- How much funding has Loci raised?
- Loci has disclosed $1.4M raised across 2 rounds.
- Where is Loci headquartered?
- Loci is headquartered in Sterling, US.