Cervest vs Patsnap

Patsnap has a disclosed valuation of $1B, while Cervest's valuation is not publicly available, making a direct size comparison difficult. Patsnap employs 500-1000 people.

Patsnap has raised more in total funding at $300M, compared to Cervest's $32M — a gap of $268M. Combined, the two companies have completed 3 known funding rounds.

Patsnap leads with an Awaira Score of 80/100, while Cervest sits at 45/100. That 35-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.

Cervest was founded by Iggy Bassi in 2016. Patsnap was founded by Jeffrey Tiong in 2007. Visit each company's profile on Awaira for a full founder biography.

Cervest: Cervest builds a climate intelligence platform that quantifies climate risk for physical assets including agricultural land, commercial real estate, and infrastructure, using AI models that integrate climate science projections with asset-level data to produce probabilistic risk scores across multiple climate scenarios and time horizons. The London company targets institutional investors, insurers, and corporate treasury teams seeking to quantify physical climate risk in their portfolios.\n\nThe company raised approximately $32 million including a Series A round with investors including Astanor Ventures, Alumni Ventures, and the Future Planet Capital fund. Cervest built its EarthScan product as a SaaS platform delivering climate risk analytics for millions of individual assets, compatible with financial reporting frameworks including TCFD and SFDR that require climate risk disclosure from institutional investors. The platform covers risk categories including flood, drought, heat, wildfire, and storm surge across global geographies.\n\nCervest competes in the physical climate risk analytics market alongside Jupiter Intelligence, The Climate Service, and Verisk Climate, as well as large financial data providers including Moody ESG Solutions and S&P Sustainable. Regulatory pressure on financial institutions to disclose climate-related physical risks under TCFD and forthcoming mandatory climate disclosure regimes represents the primary demand driver for the company products. The market is growing rapidly as regulators in Europe, the UK, and North America formalise climate risk reporting requirements for banks, insurers, and listed companies. Patsnap: Patsnap provides an AI-powered patent analytics and intellectual property intelligence platform that enables R&D teams, IP lawyers, and corporate strategy teams to search, analyse, and monitor global patent databases using machine learning to surface technology trends, competitor patent activity, and freedom-to-operate insights from over 170 million patent documents. The Singapore company integrates patent data with scientific literature and chemical structure databases to provide a comprehensive IP and technology intelligence environment.\n\nThe company raised approximately $300 million including a Series E round from investors including SoftBank Vision Fund 2, Tencent, and CPE Yunji, reaching a valuation exceeding $1 billion. Patsnap serves over 10,000 companies globally including R&D-intensive organisations in pharmaceuticals, semiconductors, automotive, and consumer electronics that use patent landscape analysis to inform technology strategy and investment decisions.\n\nPatsnap competes in the IP analytics market against Derwent Advancement (Clarivate), Questel Orbit, and Minesoft, as well as general enterprise search platforms that include patent data. Its AI capabilities for patent claim analysis, technology trend extraction, and cross-domain IP search differentiate it from traditional Boolean-search patent databases, enabling R&D strategy questions to be answered through AI-assisted analysis rather than manual patent review. The Singapore base provides access to both the Southeast Asian technology market and a sophisticated legal and financial services market for IP monetisation and licensing analytics.

Patsnap got there first, launching in 2007 — that's 9 years of extra runway. Cervest didn't arrive until 2016. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.

Cervest has about 1-50 employees; Patsnap has about 500-1000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.

Yes — they're direct rivals. Both Cervest and Patsnap compete in AI Data, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.