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Pocket IP

Global trademark management service

Ukraine, Kyiv city
Market: Another
Stage of the project: Operating business

Date of last change: 02.05.2024
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Idea

Pocket IP solves the main problems in managing trademark portfolios globally for brand owners and law firms.

Current Status

Up to now only with transactional services, we served clients from 12 countries.
And already 14 companies, law firms, and corporations are signed up to start using our subscription services.

Problem or Opportunity

Every 2 seconds a new trademark application is filed
And the growth the number of trademarks is getting faster from year to year.
The number of active trademarks has tripled since 2010.
Trademark law sphere has two specifics.
On the one hand, the trademark law is quite standardized and in 90% the legislation is the same in all countries.
On the other hand, almost all countries set restrictions – the non-residents are obliged to have local licensed representatives to communicate with national IP Offices.
And approximately a third of all trademark applications are cross-border. There is a constant flow of international applications, which requires local representative for each of them
And each trademark in each country is a separate legal object. With separate representatives.
It makes the goal of managing trademark portfolios even more complicated
All these millions of trademarks cause the mess – data, deadlines, cases history, documents.

Solution (product or service)

Pocket IP is a web service, which solves the main problems in managing trademark portfolios globally for law firms and legal departments of companies.
We integrate separate trademark databases and provide different tools to work with this data.
And we connect users with lawyers.
Pocket IP saves up to 3 non-billable hours per day and increases the efficiency of legal processes.

Competitors

The are different solutions on the market, but none of them solves the main needs in one place.
I had to switch between different services and platforms and duplicate and double-check information.

Advantages or differentiators

We integrate separate national and international trademark databases and provide convenient forms for docketing, making searches, and trademark use monitoring. And we connect users with foreign lawyers to set the task in the same online account.

Money will be spent on

R&D, Marketing, Sales

Team or Management

Incubation/Acceleration programs accomplishment

StepFWD, Beyond, Female Founders Fundraising Academy by HugeThing and Visa Foundation
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Idea
Current Status
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Invested in previous rounds, $
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Team or Management
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Incubation/Acceleration programs accomplishment
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