Our member Karma Ventures has made its first exit as US trademark and brand protection company Corsearch has acquired its portfolio company TrademarkNow. TrademarkNow is a Finnish startup that’s developed an AI-based trademark search and watch platform.
TrademarkNow was owned by a range of investors, including Karma Ventures, Balderton Capital, Lifeline Ventures and Montiko GmbH et at.
Commenting on the deal, Mikael Kolehmainen, the CEO and co-founder of TrademarkNow, said: “TrademarkNow’s mission to provide fast, comprehensive trademark search and watch services requires investment and strategic partnerships with the brightest minds. Coming together with Corsearch means that together we can transform the work of trademark professionals by providing reliable data in a secure, structured, and easy-to-use way.”
Once integrated into Corsearch’s offering, the joint platform will offer ‘trademark screening, searching, watching, and protection’ to corporations, brand agencies, and law firms.
TrademarkNow, founded in 2012 by Onomatics Inc., a legal technology powerhouse specializing in intellectual property law, has developed a SAAS trademark management platform that is used by enterprise companies, law firms, and branding agencies for instant trademark clearance and watch results.
The company, led by CEO and co-founder Mikael Kolehmainen, has offices in the US, Ireland, UK, Germany, and Finland.
For over 70 years, Corsearch has supported brands and legal professionals with the clearance, management, and protection of intellectual property rights. Corsearch's combination of exceptional service and innovative technology has made it a trusted partner for thousands of customers.
With 10 worldwide offices and hundreds of trained analysts, it is the only provider in the trademark services industry to offer end-to-end solutions supporting the entire brand lifecycle.