Patsnap will confidentially file for a dual listing in Hong Kong and Singapore
Summary
Patsnap has confidentially filed for an IPO in Hong Kong and Singapore, setting up a possible listing later this year. The company may seek a valuation above $2 billion and had previously considered raising $300 million to $400 million through share sales. Patsnap provides intellectual property data and analytics to more than 15,000 customers, which makes it a relevant software and data platform company for ISV watchers. The filing also reflects renewed listing activity in Southeast Asia and could help revive the region's tech IPO market.
Funding
Amount
$350.0M
Total raised
Date
January 1, 2025
Announcement date
Investors
SoftBank Capital, Jinhuitong Investment
Lead investors
Company
patsnap.com
Funded company
Classifications
industries
Hospitality
applications
No applications detected
AskAI Classifications
Labels
SaaS
AI Software
Knowledge Management Software
Linked Companies
PatSnap
$100M to $250M