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.

Tradespace

500 Global

9 known investors

Find your way into Tradespace

Your email: who you already know at Tradespace, and who your contacts know
2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Tradespace team
Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

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 Learning Enterprise Software LegalTech SaaS

Founders & leadership

Alec SorensenCo-founder & CEO

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

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us

Abstract Ventureslisted by Abstract VenturesSan Francisco · $250K – $750K

How we know: Abstract Ventures's portfolio page · funding news · globenewswire.com · open dataset · 5k.vc investor directory · Not right? Tell us

ACADEMY INVESTORlisted by ACADEMY INVESTORNew York

How we know: ACADEMY INVESTOR's portfolio page · Not right? Tell us

AIN Ventureslisted by AIN VenturesNew York · $500K – $1M

How we know: AIN Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Eniac Ventureslisted by Eniac VenturesNew York City · $1.2M

How we know: Eniac Ventures's portfolio page · funding news · globenewswire.com · Not right? Tell us

Scrum Ventureslisted by Scrum VenturesSan Francisco

How we know: Scrum Ventures's portfolio page · funding news · globenewswire.com · Not right? Tell us

Hike VenturesreportedSan Francisco · $1M – $5M

How we know: the VCSheet dataset · Not right? Tell us

Also in the syndicate · 2

Amplo VCAVPlead

Funding

SEC filings, press & company announcements

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

$15MSeries AJan 2026 · 2 sources
AVP (lead), Amplo VC, Eniac Ventures, Scrum Ventures
Source ↗
$4MSeedNov 2023 · 3 sources
Eniac Ventures (lead), Abstract Ventures, Amplo VC, Scrum Ventures
Source ↗

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

Related companies · 5

ClarivateClarivate is a global provider of enriched data, insights, analytics, workflow solutions and expert services serving academia, government, intellectual property, and life sciences sectors. The company serves universities, pharma companies, biotech firms, medtech organizations, and R&D enterprises across 180+ countries.

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

Agency	Phase	Year	Amount
U.S. ArmyArmy	Phase I	2023	$200K
U.S. Air ForceAir Force	Phase I	2020	$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

Tradespace Raises $15M Series A to Fix the Economics of IP Lawprnewswire.com · Jan 2026

Tradespace Secures $4.2 Million in Funding to Unlock $1 Trillion In Unrealized IP Revenue with AI-powered IP Management Platformglobenewswire.com · Nov 2023

Announcing Tradespace's $4 Million Seed Round - Tradespacetradespace.io · Nov 2023

Tradespace Raises $4.2M in Seed Fundingfinsmes.com · Nov 2023

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.