IP Due Diligence for Tech Startups
For tech companies, an IP portfolio might be one of the most important business assets. Being prepared for the due diligence process can help both tech start-ups and potential investors in a variety of contexts such as seeking outside funding, entering deals with business partners, or frequently an exit. Engaging with our experienced IP Due Diligence specialists at M&B IP before a potential transaction is a smart step toward ensuring the company has the proper edge at the negotiating table and making sure the assets are valued correctly.
Our IP Due Diligence method is based on:
- In-depth examination of the company’s IP portfolio and/or related products to accomplish strategic business objectives during business negotiations
- Understanding strengths and determining the value of the company’s patent portfolio
- Providing an educated and informed decision to establish the business value and investment position
- Developing a strategic plan for growing and leveraging the IP portfolio going forward
Our fast, transparent, flexible, and cost-effective services include:
- Obtaining copies of U.S. and foreign patents, prior art searches, correspondence relating to patent disputes, clearance procedures, and term extension applications
- Determining the status of maintenance fees and ensuring any patent term extensions have been applied for
- Finding documentation of ownership and verifying with U.S. patent office
- Confirming if a foreign country requires that the patent be used
- Identifying patents, inventors, opposition, scope, and status
- Researching and developing documentation that might be needed for future patents
- Investigating inventors’ employment status
- Discovering and reviewing patent rights, claims, agreements, and any validity concerns
- Looking for correspondence of anyone requesting information on the patent status
The M&B IP Advantage
At M&B IP, we have a unique perspective on start-up ecosystems and offer a customized approach to each client that we work with. We have practical experience advising and evaluating hundreds of start-up portfolios to identify the valuable patents and future growth in the areas. Our core competency is obtaining a deep understanding of the industries and technologies that we leverage to identify the core innovation for patent purposes, which allows us to accurately summarize key features in a cost-effective manner.