Evalify
Evalify leverages advanced AI to analyze over 200 million patents from 170 countries, offering startups and investors rapid, comprehensive insights into potenti...
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What is Evalify?
Evalify is an AI-powered platform that analyzes startup pitch decks and product briefs to assess potential patent infringements and generate preliminary Freedom-to-Operate (FTO) scores. The tool scans nearly 200 million patent documents across more than 170 jurisdictions worldwide in less than five minutes, providing investors, founders, and attorneys with crucial intellectual property risk insights for early-stage startups. It functions as a
Evalify pricing
Pricing model: Paid
Evalify charges $249 per report with volume-based discounts available for multiple reports. The platform does not offer a free tier or free trial. Pricing is positioned as a cost-effective alternative to hiring IP professionals while maintaining quality. Assessments are open to VC, angel, institutional investors, venture studios, corporate innovation and legal departments, startup incubators and accelerators, founders and entrepreneurs, consultants, startup competitions, hackathons, universities, and technology transfer offices. Users can schedule a demo to see the platform at work before purchasing.
Evalify pros
- Rapid analysis delivering results in under 5 minutes
- Cost-effective alternative to hiring IP professionals at $249 per report
- Comprehensive coverage of nearly 200 million patents across 170+ jurisdictions
- Maintains complete confidentiality with no human access to uploaded pitch decks
- Proprietary 250-900 scoring system tailored to IP risk assessment
- Identifies patentable versus non-patentable features automatically
- Objective, consistent, and standardized risk assessments without bias
- Supports hundreds of simultaneous analyses for scalable evaluation
- secure end-to-end encryption ideal for stealth startups
- Volume-based discounts available for multiple reports
- Benchmarks ideas against global patent database for novelty assessment
- Reveals competitive landscapes and existing IP threats early
- Democratizes startup evaluation beyond traditional networks
- User-friendly interface requiring no legal expertise
- Reduces reliance on external legal counsel for initial screening
Evalify cons
- Preliminary assessment may require follow-up with traditional legal services for complex cases
- May lack nuanced interpretation that human IP professionals provide
- Reliance on pitch deck quality and completeness for accurate analysis
- Not a replacement for formal legal FTO opinions before major investments
- Limited to patent/IP risks, does not assess other business risks
- New platform founded in 2023 with limited long-term track record
- Single report cost of $249 may be expensive for individual founders
- Analysis accuracy depends on AI's ability to parse technical features correctly
Frequently asked questions about Evalify
What is Evalify and what does it do?
Evalify is an AI-powered platform that analyzes startup pitch decks and product briefs to assess potential patent infringements and generate preliminary Freedom-to-Operate (FTO) scores. It scans nearly 200 million patent documents across more than 170 jurisdictions worldwide in under 5 minutes, providing investors, founders, and attorneys with crucial intellectual property risk insights for early-stage startups. It functions as a credit report for your startup.
How does the Evalify Score work?
Startups are evaluated on a scale ranging from 250 to 900, with a proprietary score uniquely tailored to the context of IP and patent risk assessment. A lower score necessitates thorough due diligence, while a higher score identifies promising opportunities with clearer paths to freedom of operation. The scoring system pinpoints infringement risks with unmatched accuracy and precision.
What documents can I upload to Evalify?
You can upload a pitch deck or a product/tech brief. Evalify parses the technical features presented in these documents, distinguishing between what is patentable and what is not. For patentable features, it searches worldwide patent databases to determine novelty and whether they risk infringing on existing patents.
How long does an Evalify analysis take?
Evalify delivers a preliminary FTO assessment and score in minutes. The platform takes a startup's pitch deck and, in less than five minutes, sifts through almost 190 million documents across more than 170 jurisdictions to provide actionable insights.
Is my pitch deck confidential when using Evalify?
Yes. Evalify offers patent infringement risk assessment designed for confidentiality with secure analysis and confidential results, ideal for stealth startups. The platform analyzes pitch decks without storing or allowing human access, ensuring complete confidentiality of sensitive startup information with secure end-to-end encryption.
Who should use Evalify?
Assessments are open to VC, angel, institutional investors, venture studios, corporate innovation and legal departments, startup incubators and accelerators, founders and entrepreneurs, consultants, startup competitions, hackathons, universities, and technology transfer offices. The tool is particularly beneficial for early-stage startups and investors seeking rapid insights into patent risks.
What is the cost of an Evalify report?
Evalify charges $249 per report with volume-based discounts available for multiple reports. This pricing is positioned as a cost-effective alternative to hiring IP professionals without compromising quality compared to traditional IP services.
Does Evalify replace traditional legal FTO opinions?
Evalify provides a preliminary FTO assessment and score. While it offers reliable, cost-effective patent infringement risk analysis at scale for faster decision-making, the preliminary nature may require follow-up with traditional legal services for complex cases before major investment commitments.
How many patents and jurisdictions does Evalify cover?
Evalify analyzes and compares pitch decks and product slicks to approximately 200 million existing patents across 170 jurisdictions worldwide. This comprehensive global coverage ensures reliable insights where even seasoned experts might struggle.
How do I get started with Evalify?
To use Evalify, upload your pitch deck or product/tech brief to the platform. Evalify benchmarks the assessed ideas against approximately 200 million patents across 170 jurisdictions, and you receive a preliminary FTO assessment and score in minutes. You can also schedule a demo to see the power of Evalify at work in real time before purchasing.