Juristat, a St. Louis, MO-based provider of patent analytics and workflow automation solutions, received a controlling investment from MBM Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate capital efficient revenue growth through investments in operations and product enhancements.
Founded in 2012 by Drew Winship and Robert Ward, Juristat is a provider of USPTO patent data analytics software and workflow tools that increase law firm and in-house counsel productivity while reducing error rates. Its platform delivers ROI to a growing roster of clients in all segments of patent prosecution, including technology, software/AI, semiconductors, chemical engineering and biology.
Juristat serves over 95 law firms and corporate clients, including 7 of the top 10 largest patent law firms.