Juristat, a trusted leader in patent analytics and predictive data science for intellectual property (IP) strategy, today announced a growth investment led by Advantage Capital. The new funding will enable Juristat to accelerate product innovation, expand its market presence, and establish a new headquarters in New Haven, Connecticut. The investment underscores Juristat’s market leadership and its proven ability to help legal professionals meet increasing demands for efficiency, predictability, and client success in patent prosecution.
The new capital will fuel development of advanced capabilities, including expanded patent data coverage across global markets (IP5), generative AI tools that deliver actionable insights faster, and sophisticated portfolio management features such as patent valuation and cost forecasting.
“This investment represents a major step forward for Juristat,” said Lauren Bonner, CEO of Juristat. “It allows us to accelerate innovation across our platform, enhance the data and tools our customers rely on, and expand our presence in Connecticut — a region rich with talent and opportunity in technology and intellectual property.”
As part of this expansion, Juristat will grow operations in Connecticut with support from Advantage Capital through the InvestCT program, which channels private capital to innovative, growth-oriented businesses across the state.
“Juristat exemplifies the kind of forward-looking company we seek to invest in,” said Greg Hulecki, Venture Partner at Advantage Capital. “By supporting innovation-driven businesses like Juristat, we’re helping strengthen the technology ecosystem and foster long-term economic growth in Connecticut and beyond.”
Amid rising workloads and the growing demand for data-driven results, Juristat has become an essential partner to IP professionals. Since 2013, the company has helped corporate IP teams and law firms replace manual processes with insights that improve success rates and reduce costs. Today, 42 of the top 100 patent firms rely on Juristat to manage risk and optimize performance.
This marks Juristat’s second major funding announcement in less than two years. Building on its 2024 private equity round, the new investment positions the company to continue scaling its platform and expanding its footprint in Connecticut.
About Advantage Capital
Advantage Capital is a leading impact investment firm with an emphasis on driving capital to underserved areas. Since 1992, the firm has invested more than $4.4 billion in over 1,000 companies to support more than 77,000 quality jobs. Advantage Capital invests with intention in small businesses, affordable housing, and renewable energy projects that strengthen economies and communities. Learn more at advantagecap.com.
About Juristat
Juristat, Inc (www.juristat.com) is a data analytics and workflow automation company whose products are used by innovative law firms and companies to improve prosecution outcomes, make more strategic business decisions, and streamline the most tedious tasks associated with obtaining a patent at the USPTO.
Since its launch in 2013, Juristat’s technology has evolved into the leading solution for patent analytics and the automation of Office Action Responses and Information Disclosure Statements. The company boasts a clientele including technology giants Taiwan Semiconductor Manufacturing, Kyocera, and Lenovo, as well as more than a third of the top 100 patent law firms, such as Dentons, Oblon, McClelland, Maier & Neustadt, and Sughrue Mion.
Advantage Capital is an Investment Adviser registered with the U.S. Securities & Exchange Commission. Such registration, however, does not imply a certain level of skill or training. This release has been prepared for informational purposes and to announce a prior event, and nothing herein should be construed as an offer of investment advisory services or as an offer to sell or a solicitation of an offer to purchase any securities or investment product. All offers of investment interests in any fund or investment vehicle managed directly or indirectly by Advantage Capital are and will be made only to qualified prospective investors pursuant to separate and definitive offering and subscription documents in accordance with applicable federal and state securities laws. Advantage Capital is an equal opportunity provider.
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This investment represents a major step forward for Juristat.
Contacts
Jursitat
Danielle Hohmeier
Danielle.hohmeier@juristat.com
Advantage Capital
Joe Stosberg, Communications Manager
jstosberg@advantagecap.com