How it Works

Navigating the Patent Marketplace with Ease and Confidence

Unlocking the Path to Patent Monetization : How It Works

Welcome to Patent Monetize, where patent transactions are simplified and streamlined for your convenience.

Explore Available Patents

Browse through our extensive catalog of patents across diverse industries and technologies.

Initiate Contact

Connect with the patent owner or seller to express interest and initiate negotiations through Patent Monetize.

Negotiate Terms

We help you to Negotiate terms of sale, licensing, or partnership agreements with the patent owner.

Complete the Transaction

Finalize the transaction securely through our platform, ensuring transparency and peace of mind for all parties involved.

Streamlined Patent Marketplace Process

Let's get started! Just follow these stages.

Create an Account

Start monetizing your patents effortlessly by creating an account on our platform. Join a community of innovators and businesses maximizing the potential of their intellectual property.

Step-by-Step Process to Create Your Account

  • Register:
    Visit our registration page and provide your basic information to get started.
  • Verify Email:
    Check your email for a verification link and click to confirm your registration.
  • Complete Profile:
    Fill in additional details about your profile like Full Name, Company Name (If available), Contact Number, and Country to complete your profile.
  • List Patents or Patent Portfolios:
    List the patents or patent portfolios on the platform with detailed information with your proposition.

List Your Patent or Patent Portfolios

Start the listing of your Patent or Patent Portfolios on the Platform to reach potential buyers or Investors.

Step-by-Step Process to List Your Patent or Patent Portfolios

  • Upload patent/portfolio:
    To start listing, upload your patent or portfolio by providing in all the necessary details like patent number, title, description and USP (Unique Selling Proposition) along with Web link of Patents.
  • Review and Verification of Listed Patents:
    Our team checks all the listed patents on the platform and post verification listed patents will be available live on the website.
  • Signing Letter of Consent to Authorize Selling and Licensing:
    Post verification of listed patents, we need to sign “Letter of Consent” to provide authority to work on your patent on your behalf.
  • Provide Required Research Reports:
    Provide required research reports if any of the required or available Patent Valuation, Market Research, Infringement Search, Evidence of Use, and Presentation.

Find the Right Buyer for Your Patents

Connect with potential buyers and maximize the value of your intellectual property by using our platform.

Step-by-Step Process to Find the Right Buyer

  • Request Potential Buyers List:
    You pay the Fees based on number of buyers you require and instruct us to prepare the potential buyers list.
  • Preparation of buyers List:
    We prepare the potential buyers list and provide you with detailed information with Company Name, web link, Contact Person name, Email Id, Contact No, Technical Sector of Company, Country and Weblink.
  • Access of Buyers List:
    Login your account and go to Patent list and then find potential buyers list under that particular patent.
  • Approach to Potential Buyers:
    You can approach to these buyers for selling or licensing of your Patents. Or you may simply use our expert services to get the Patents selling or licensing through our platform.

Generate Comprehensive Patent Reports

Leverage our platform to create detailed reports on your patents. Gain insights and data to enhance the value of your intellectual property.

Step-by-Step Process to Generate Patent Reports

  • Choose Types of Report:
    Go to Patent List then select the patent you are interested in for report preparation. Select the list of the Reports you require to get prepared.
  • Payment and Instruction for Reports Preparation:
    After you have selected the types of reports, simply make Payment through the payment gateway.
  • Reports Preparation and Delivery:
    After your instruction, we analyze your Invention and provide delivery of the report within the specified time frame.
  • Access to Reports:
    You can access all the required reports from the dashboard under the same patent list.
  • Uses of Report:
    We use the same Patent reports to further negotiate with buyers and close the selling or licensing,

Sign Patent Agreements Seamlessly

Facilitate smooth and secure patent transactions by signing agreements on our platform. We sign 2 types of agreements. One with patent Monetize and Another with Buyers.

Step-by-Step Process to Sign Agreements with Patent Monetize

  • Letter of Consent:
    A “Letter of Consent to Authorize Selling and Licensing” is a formal document that grants permission to us to sell and license intellectual property (IP) on behalf of the Applicants.
  • Memorandum of Understanding (MOU):
    A Memorandum of Understanding (MOU) is a document that outlines the preliminary understanding between the parties involved and clearly their roles and responsibilities.
  • Non-Disclosure and Service Agreements (NDAs):
    Before entering into discussions about patent monetization, parties may sign NDAs to protect confidential information shared during negotiations along with charges. As per the compliance regulations, it is prohibited to directly contact the investors or buyers during the ongoing procedure that we are handling.

 

Step-by-Step Process to Sign Agreements with Buyers

  • Patent Assignment Agreement (for Sale):
    This agreement transfers all rights, title, and interest in the patent from the patent owner (assignor) to the buyer (assignee).
  • Patent Licensing Agreement (for Licensing):
    This agreement grants rights to another party (licensee) to use the patent while the patent owner (licensor) retains ownership.
  • Non-Disclosure Agreement (NDA):
    An NDA protects proprietary information shared during negotiation or due diligence.
  • Technology Transfer Agreement (if applicable):
    This agreement details the transfer of technology associated with the patent, including know-how and technical expertise.
  • Escrow Agreement (if applicable):
    If the patent will be further developed collaboratively, this agreement outlines the terms of joint development.
  • Joint Development Agreement (if applicable)
    An escrow agreement is used if payment is held in escrow until certain conditions are met.
  • Royalty Agreement (if applicable):
    This agreement specifies the terms of royalty payments for the use of the patent.

Close Patent Deals Efficiently

Streamline your patent transactions and finalize deals effortlessly with our platform.

Step-by-Step Process to Close Deals

  • Finalizing the Agreements :
    Ensuring that all agreements (Patent Assignment Agreement, Licensing Agreement, NDA, etc.) are thoroughly reviewed by both parties and their legal representatives.
  • Setting Up Payment Arrangements:
    Clearly defining the payment terms in the agreements, including the amount, schedule, and method of payment (e.g., lump sum, instalments).
  • Post-Closing Obligations:
    Technical and Training Support (if applicable): If the agreement includes post-transfer support, ensuring that the seller provides any necessary technical assistance or training.
    Royalty Payments (for Licensing): If the transaction involves licensing, set up a system for ongoing royalty payments, including regular reporting and auditing mechanisms.
  • Record-Keeping:
    Keep detailed records of all agreements, payments, and communications related to the transaction.

We helps the patent owner
To get unbeatable offers

Rest assured that your transactions are safeguarded by robust security measures. Our platform employs state-of-the-art encryption, verification processes, and escrow services to protect your interests and ensure fair dealings.