Solve Intelligence Raises $12 Million Backed by Microsoft and Thomson Reuters

Solve Intelligence didn’t enter the legal tech scene with flashy marketing or a crowded sales team—in fact, it had neither. But two years after its launch in 2023, the Delaware-based startup has closed a $12 million Series A round led by 20VC, with strategic investment from Microsoft and Thomson Reuters, and participation from existing backer Y Combinator. The funding marks a critical moment for a company that claims to have built the most trusted AI product in the patent law market, growing entirely through word of mouth. Co-founder and CEO Chris Parsonson said the company is now profitable, with “millions of dollars in ARR,” a customer base growing at 25% month-over-month, and zero losses in head-to-head evaluations against competitors. Solve Intelligence is currently used by