Evalify

Cover Block

Name	Evalify
Tagline	AI SaaS analyzing 200M patents for FTO and IP risks in startup pitch decks
Headquarters	Laguna Beach, CA
Founded	2023
Stage	Seed
Business Model	SaaS
Industry	Legaltech
Technology	AI / Machine Learning
Geography	North America
Growth Profile	Venture Scale
Founding Team	Solo Founder
Funding Label	Bootstrapped
Total Disclosed Funding	$0 (reported) [GetLatka, 2026]

Links

• Website: https://www.evalify.ai/
• LinkedIn: https://www.linkedin.com/company/evalify
• X / Twitter: https://twitter.com/evalify_ai

Summary and Signal

Evalify is an AI-powered SaaS platform that provides venture investors with a preliminary, automated analysis of patent and freedom-to-operate (FTO) risks by screening startup pitch decks against a database of approximately 200 million global patents [Evalify.ai/navigate-risk-lp2]. The company's proposition is to offer a cost-effective, speed-first alternative to traditional legal counsel for early-stage due diligence. Founded in 2023 by William Carbone, the company has operated as a bootstrapped entity from Laguna Beach, California, with co-founder Nick Sgobba leading product [GetLatka, 2026][ClimateSolutions.news, 2026]. Its core technology claims to deliver a risk assessment in under 15 minutes, scoring startups on a scale from 250 to 900 based on potential IP conflicts [Evalify.ai/product][OpenVC.app/blog, 2026]. The business model is SaaS, with self-reported revenue of $550,000 in 2025 and a small team of around five employees [GetLatka, 2025][GetLatka, 2026].

Data Accuracy: YELLOW -- Key operational and team facts are sourced from a single third-party database (GetLatka) and the company's own website; revenue and valuation are not independently corroborated.

Taxonomy Snapshot

Axis	Classification
Stage	Seed
Business Model	SaaS
Industry / Vertical	Legaltech
Technology Type	AI / Machine Learning
Geography	North America
Growth Profile	Venture Scale
Founding Team	Solo Founder

Company Overview

Evalify is a bootstrapped legaltech startup founded in 2023, operating from Laguna Beach, California [GetLatka, 2026]. The company's public narrative positions it as an AI-driven platform built to analyze global patent data, aiming to provide venture investors with a preliminary, automated check for intellectual property risks during due diligence [Evalify.ai/about, 2026].

Key personnel include William Carbone, Founder and CEO, and Nick Sgobba, Co-founder and Chief Product Officer [GetLatka, 2026] [ClimateSolutions.news, 2026]. A core product claim emerged in 2026: the ability to deliver a preliminary freedom-to-operate assessment in under 15 minutes, with a stated accuracy comparable to a professional review [OpenVC.app/blog, 2026]. Headcount figures are inconsistent, with one database reporting approximately five total employees as of 2026 and another listing two [GetLatka, 2026] [RocketReach, 2026].

Data Accuracy: YELLOW -- Company details are sourced from founder databases and the corporate website; headcount and founding year lack independent corroboration.

The Product and the Stack

Evalify's product is defined by a single, specific workflow: a venture investor uploads a startup's pitch deck or technology brief, and the system returns a preliminary freedom-to-operate assessment and an IP risk score within minutes. The core claim is that this analysis draws from a proprietary database of roughly 200 million patent documents across more than 170 jurisdictions [Evalify.ai]. The output is framed as a cost-effective, initial screening tool, positioned as an alternative to engaging a patent attorney for a first-pass review.

The platform's primary deliverable is the Evalify Score, a numerical rating from 250 to 900 that quantifies a startup's patent-related legal risk [Evalify.ai]. According to a third-party review, the company asserts its AI-generated assessments are over 90% as accurate as those from a human patent professional and can be delivered in under 15 minutes [OpenVC.app, 2026].

Data Accuracy: ORANGE -- Product claims are sourced from the company's own website and one third-party blog. Performance metrics (speed, accuracy) are not corroborated by customer case studies or technical audits.

The Market They Are Entering

The market for automated intellectual property risk assessment is being pulled into existence by the rising cost of patent litigation and the increasing volume of early-stage investment deals where traditional due diligence is economically impractical. The broader legal technology sector was valued at $23.45 billion in 2022 and is projected to reach $35.6 billion by 2027 [Statista, 2023]. A single comprehensive FTO opinion from a top-tier firm can cost between $15,000 and $50,000, creating a significant gap in the early-stage market [IAM, 2022]. Global patent filings exceeded 3.4 million applications in 2021, expanding the potential infringement surface for new technology [WIPO, 2022].

Metric	Value
Global Patent Applications (2021)	3.4 million
Legal Tech Market (2022)	23.45 $B
Legal Tech Market Projection (2027)	35.6 $B

Data Accuracy: YELLOW -- Market sizing is drawn from analogous, broader industry reports (Statista, WIPO). The specific demand driver for investor-focused IP tools is supported by a single industry blog post.

The Competitive Field

Evalify occupies a narrow, emerging wedge between traditional legal services and broad startup intelligence platforms. No named competitors were identified in the available public sources. Alternatives include incumbent legal services (e.g., Fish & Richardson), broad startup intelligence platforms (e.g., PitchBook, CB Insights), and patent search tools (e.g., LexisNexis Patents, Google Patents). Evalify's defensible edge rests on its integrated product vision and proprietary dataset of 200M patent documents [Evalify.ai/navigate-risk-lp2]. The company's most significant exposure is its lack of channel ownership and validation. The accuracy of its assessments, claimed to be 90%+ as accurate as those from a professional [OpenVC.app/blog, 2026], remains unverified by third parties.

Data Accuracy: YELLOW -- Competitive mapping is inferred from the company's stated positioning and public descriptions of adjacent market categories; no direct competitor data is available from cited sources.

Opportunity

The headline opportunity is to become the default, automated first-pass IP risk screen for venture capital firms. The global venture capital market deployed approximately $345 billion in 2023 across tens of thousands of deals [Preqin, 2024]. If a fraction of that deal flow incorporated a software tool priced at a few hundred dollars per screen, the addressable market for the screening layer reaches hundreds of millions in annual revenue.

Scenario	What happens	Catalyst	Why it's plausible
The VC Workflow Embed	Evalify becomes a standard feature inside major VC portfolio management platforms.	A white-label API partnership with one top-tier platform.	The product is explicitly designed for VC investors.
The Regulatory & University Mandate	University tech transfer offices mandate an Evalify score as part of application packages.	A pilot program with a prominent research university.	The platform aligns with risk-averse, process-driven environments.

Data Accuracy: YELLOW -- The market size and pain point are supported by third-party commentary [OpenVC.app/blog, 2026], but the company's own traction and product efficacy claims lack independent validation.

Sources

1. [Evalify.ai, 2026] Navigate Risk | https://www.evalify.ai/navigate-risk-lp2
2. [GetLatka, 2026] Evalify - 2026 Company Profile | https://getlatka.com/companies/evalify.ai
3. [ClimateSolutions.news, 2026] Spotlight on Evalify: IP and Patent Risk Assessment | https://climatesolutions.news/spotlight/spotlight-on-evalify-ip-and-patent-risk-assessment
4. [Evalify.ai, 2026] Product | https://www.evalify.ai/product
5. [OpenVC.app, 2026] Patents as a strategic tool for early-stage investments | https://www.openvc.app/blog/patents-as-a-strategic-tool-for-early-stage-investments
6. [GetLatka, 2025] Evalify - 2026 Company Profile | https://getlatka.com/companies/evalify.ai
7. [RocketReach, 2026] Evalify Information | https://rocketreach.co/evalify-profile_b6c18692c78ba0e4
8. [Evalify.ai, 2026] About | https://www.evalify.ai/about
9. [Statista, 2023] Legal Tech Market Size | https://www.statista.com/statistics/1294374/legal-tech-market-size-worldwide/
10. [IAM, 2022] The cost of freedom-to-operate | https://www.iam-media.com/article/the-cost-of-freedom-to-operate
11. [WIPO, 2022] World Intellectual Property Indicators | https://www.wipo.int/publications/en/details.jsp?id=4626
12. [Preqin, 2024] 2024 Global Venture Capital Report | https://www.preqin.com/insights/global-reports/2024-global-venture-capital-report