Fundraising Fox

Tradespace

8 known investors

tradespace.io

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.

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Founders & leadership

ASAlec Sorensen
Alec SorenseninCo-founder & CEO
K
KapilinCo-founder

Investors · 8

Also in the syndicate · 2

Amplo VCAVPlead

Funding

SEC filings, press & company announcements

$15M disclosed across 1 of 2 rounds · 2026

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

Competitors · 5

by search overlap
Clarivate36 shared keywordsClarivate provides data, analytics, and research tools including the Web of Science citation database, Derwent patent information, and IPfolio IP management software. It serves academic institutions, corporate R&D and IP teams, and life sciences organizations seeking scientific, patent, market, and regulatory intelligence.
Deepip25 shared keywordsDeepIP 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.
OpenSpace21 shared keywordsOpenSpace 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.
Datapipe19 shared keywordsRackspace assembles, integrates, and operates the full enterprise AI stack, from governed private cloud to AI inference and agents in production, for regulated and high-stakes enterprise environments. It provides managed infrastructure and forward-deployed engineers to build and run mission-critical AI and cloud systems.
Appspace17 shared keywordsAppspace is a workplace experience platform that combines intranet, digital signage, space reservation, and visitor management into a single system. It serves organizations managing office, hybrid, remote, and frontline teams, with tools for employee communications, room booking, and workspace management.

Companies competing with Tradespace for the same Google search keywords, organic and paid, via search-intersection analysis.

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 Abstract Ventures, ACADEMY INVESTOR, AIN Ventures, Eniac Ventures, Hike Ventures, Scrum Ventures.
How much funding has Tradespace raised?
Tradespace has disclosed $15M raised across 1 of its 2 known rounds.