What is Lecorpio?
Lecorpio offers a comprehensive suite of IP management and analytics software designed to help innovative companies transform their ideas into tangible assets. The company's enterprise-class solutions cover the entire IP supply chain, encompassing invention disclosure management, patent and trademark administration, e-billing, licensing oversight, and general legal matters. Lecorpio's adaptable IP management software-as-a-service provides a centralized repository for IP information, featuring robust workflow capabilities configurable to specific business processes and an IP dashboard with over 160 key performance indicators. Primarily targeting corporate law departments with a focus on IP, Lecorpio's platform simplifies data management for legal professionals throughout the IP lifecycle, from initial disclosure and patent management to monetization and litigation. By automating processes and enhancing efficiency, Lecorpio aids clients in cost control and operational optimization. Its client roster includes major 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 sustained interest in the company's IP management solutions.
M2O
M2O has provided capital to Lecorpio, supporting its growth and development in the competitive IP software market.
Undisclosed Investor
An undisclosed investor participated in Lecorpio's funding rounds, contributing to the company's overall capital structure.
What's next for Lecorpio?
With the recent injection of $15M in a major strategic investment, Lecorpio is well-positioned to further enhance its IP management and analytics software solutions. This enterprise-level backing, contributing to a total funding of $25M, suggests a strategic focus on scaling operations, expanding market reach, and potentially accelerating product development. The company's emphasis on serving corporate law departments and its success with leading patent filers indicate a trajectory towards solidifying its position as a key player in the IP technology landscape. Future initiatives are likely to involve deepening its analytics capabilities and further integrating its SaaS platform to provide even greater value in IP lifecycle management and cost control for its enterprise clients.
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