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Tradespace

500 Global

9 known investors

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Tradespace offers an AI-powered platform for intellectual property management, helping corporate and institutional IP teams organize their patent portfolios and identify commercialization and market opportunities. It serves companies, universities, and research institutions seeking to unlock strategic value from their IP.

Founders & leadership

ASAlec Sorensen
Alec SorensenCo-founder & CEO
KKapil
KapilCo-founderCo-founder of Tradespace, which builds an AI-powered platform for intellectual property management that helps corporate and institutional IP teams organize patent portfolios and find commercialization and market opportunities.

Investors · 9

Also in the syndicate · 2

Amplo VCAVPlead

Funding

SEC filings, press & company announcements

$19M disclosed across 2 of 3 rounds · 2023–2026

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

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DeepIPDeepIP is an AI platform for patent professionals that supports the full patent lifecycle—patentability assessment, prior art search across 120M+ patents, patent drafting from invention disclosures, office action responses, and freedom-to-operate/invalidity analysis. It integrates with Microsoft Word, Outlook, and IP docketing systems, and serves patent firms and corporate IP departments across technology fields.
OpenSpaceOpenSpace provides a visual intelligence platform that captures jobsite imagery and transforms it into actionable construction site intelligence. The platform serves construction teams to improve project visibility, decision-making, and progress tracking across the built environment.
DatapipeRackspace Technology is a multi-cloud technology services provider, offering managed cloud and IT services across public and private cloud platforms.
AppspaceAppspace is an internal communications platform that distributes messages across multiple employee endpoints including digital signage, mobile apps, intranets, and messaging services like Teams and Slack. The platform helps organizations manage workplace announcements, safety information, and employee engagement.

Companies working in the same space as Tradespace.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. ArmyArmyPhase I2023$200K
U.S. Air ForceAir ForcePhase I2020$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Tradespace do?
Tradespace offers an AI-powered platform for intellectual property management, helping corporate and institutional IP teams organize their patent portfolios and identify commercialization and market opportunities. It serves companies, universities, and research institutions seeking to unlock strategic value from their IP.
Who founded Tradespace?
Tradespace was founded by Alec Sorensen, Kapil.
Who are Tradespace's investors?
Tradespace's investors include 500 Global, Abstract Ventures, ACADEMY INVESTOR, AIN Ventures, Eniac Ventures, Scrum Ventures, Hike Ventures.
How much funding has Tradespace raised?
Tradespace has disclosed $19M raised across 2 of its 3 known rounds.