# Aistemos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aistemos

- Industry: Software
- Headquarters: London, UK
- Website: www.aistemos.com
- Total disclosed funding: $4M
- Latest round: Series A (Jan 29, 2018)
- Investors on record: 1

## About

Aistemos Ltd specializes in advanced patent classification through its AI-driven platform, Cipher, which aids organizations in managing and analyzing their patent portfolios effectively.Founded in 2013 and headquartered in London, UK, Aistemos Ltd provides innovative solutions for patent classification. The company has undergone significant development, culminating in its most recent deal on February 7, 2023. Rita Hiri is the founder, and the firm has secured a total of GBP 2.820 mn in funding, with Beringea Private Equity as the lead investor during the Series A round. Aistemos has completed two investment deals to date, reflecting its ongoing growth and engagement in the intellectual property sector.Aistemos Ltd's primary offering is Patent Classification powered by Cipher, an advanced machine learning platform that facilitates the management of patent portfolios. It evaluates over 44 million global patents, enabling users to customize technology classifications without manual input. Designed for IP teams, the platform provides insights into competitive landscapes, assisting various clients, including corporations and law firms, particularly in active markets such as the United States, Europe, and Japan.Revenue is generated primarily through subscription models for the Patent Classification services within the PatentSight+ platform. Clients typically enter annual agreements, gaining access to features that allow for tailored patent analyses. The business operates on a B2B transaction structure, with pricing plans designed to cater to diverse organizational needs, facilitating access to critical patent insights and trend analysis.Most recently, Aistemos Ltd is set to be acquired by LexisNexis in February 2023, an agreement that will enhance LexisNexis's IP analytics solutions, specifically PatentSight. This acquisition is expected to finalize in the first quarter of 2023, marking a strategic move to broaden their market reach and product offerings. The recent funding will likely support the integration and enhancement of Aistemos's technological capabilities within LexisNexis’s existing framework.

## Funding rounds

- Series A, Jan 29, 2018, $4M — Beringea

## Investors

- Beringea (https://capitalatlas.ai/funds/beringea) — Series A