Founded in 2007 in Singapore, PatSnap now operates its patent search platform from its London headquarters. Collating research and development data globally, it has 8,000 customers including universities, energy companies, lawyers and pharmaceutical researchers. Clients use the data to analyse trends, identify new research opportunities and conduct competitor analysis. In June PatSnap raised $38m in a round led by existing investors Sequoia and Shunwei Capital, bringing its total raised to more than $100m. Founder and chief executive Jeff Tiong, 34, oversees operations across offices in China, Singapore, the UK and America. Sales reached £18m last year.

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Company details
Year2018
Rank25
CompanyPatSnap
ActivityR&D data platform
LocationWest London
Average 3 year sales growth126.18%
Latest sales £000s*17,977
Staff752
Founded2007
Websitewww.patsnap.com

If applicable:

* supplied by company † annualised figure