What is Lecorpio?
Lecorpio offers an enterprise-class suite of applications designed to manage the entire intellectual property supply chain. Their software solutions span invention disclosure management, patent and trademark management, e-billing, licensing management, and general matters management. Primarily targeting corporate law departments specializing in IP, Lecorpio's adaptable IP management software-as-a-service provides a centralized repository for IP information. The platform simplifies data management for legal professionals throughout the IP lifecycle, from initial disclosure to patent management, billing, monetization, and litigation. By automating processes and increasing efficiency, Lecorpio aims to help clients control costs. The company's client base includes prominent innovators and five of the top 20 most active US patent filers.
How much funding has Lecorpio raised?
Lecorpio has raised a total of $25M across 2 funding rounds:
Series A
$10M
Series B
$15M
Series A (2014): $10M with participation from M2O
Series B (2015): $15M led by M2O
Key Investors in Lecorpio
M2O
M2O, operating through m2ollc.com, is an investor that has participated in multiple funding rounds for Lecorpio, indicating a strategic interest in the company's IP management software solutions.
M2O
M2O has provided significant backing to Lecorpio, participating in both Series A and Series B funding rounds, suggesting a strong belief in the company's growth potential and market position.
Undisclosed investor
An undisclosed investor participated in the recent funding round, contributing to Lecorpio's strategic investment and signaling potential for future growth and development in the IP management sector.
What's next for Lecorpio?
With its recent major strategic investment, Lecorpio is well-positioned to enhance its market leadership in IP management and analytics. The company's focus on providing a comprehensive, adaptable SaaS solution for corporate law departments suggests a strategy geared towards scaling its enterprise client base and deepening its product capabilities. Future developments may include further integration of AI-driven analytics to provide more predictive insights into IP portfolios and market trends, as well as expanding its reach into new geographical markets. The sustained backing indicates confidence in Lecorpio's business model and its ability to address the evolving needs of companies managing complex intellectual property assets.
See full Lecorpio company page
