Evalify Introduction
Evalify is an AI-powered platform that analyzes startup pitch decks to assess potential patent infringements and generate Freedom-to-Operate scores across 170+ jurisdictions worldwide.
View MoreWhat is Evalify
Evalify is an innovative AI-driven tool designed to enhance decision-making for investors and stakeholders in the startup ecosystem. It offers a unique solution for evaluating the intellectual property (IP) risks and potential of early-stage tech startups. By leveraging advanced AI technology, Evalify analyzes pitch decks against a vast database of nearly 200 million patent documents from over 170 jurisdictions globally. This platform bridges the gap between innovative ideas and their legal viability in the competitive tech landscape.
How does Evalify work?
Evalify operates through a three-step process. First, users upload a startup's pitch deck to the platform. Then, Evalify's AI engine conducts a comprehensive analysis, comparing the proposed technology against millions of existing patents across various jurisdictions. This analysis is performed without storing or allowing human access to the original documents, ensuring confidentiality. Finally, within minutes, Evalify generates a preliminary Freedom-to-Operate (FTO) score and a detailed report. This score indicates the startup's potential patent infringement risks and overall IP landscape. The platform uses natural language processing and machine learning algorithms to extract key information from pitch decks and patent databases, providing insights that would typically require extensive manual research by IP professionals.
Benefits of Evalify
Evalify offers numerous advantages to its users. It significantly reduces the time and cost associated with traditional IP assessments, providing actionable results in minutes instead of days or weeks. This speed and efficiency allow investors to make more informed decisions rapidly, potentially uncovering hidden gems or avoiding risky investments. The platform's AI-driven approach ensures objective, consistent, and standardized risk assessments, minimizing human bias. For startups, Evalify offers an affordable way to gauge their innovation's uniqueness and potential legal challenges early in the development process. The tool's accessibility (available 24/7) and scalability (capable of handling hundreds of analyses simultaneously) make it an invaluable resource for venture capitalists, angel investors, incubators, and even corporate innovation departments looking to streamline their due diligence processes.
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