The primary function of Evalify is to conduct preliminary Freedom-to-Operate (FTO) analyses. Users can upload their pitch decks or product briefs, and the AI analyzes the relevant patent documents to generate a preliminary FTO score. This score indicates whether a startup can operate without infringing existing patents, providing a clear understanding of potential legal risks. The analysis is completed in minutes, significantly faster than traditional methods, which can take days or weeks and often involve substantial legal fees.
One of the standout features of Evalify is its ability to quickly identify potential patent infringement issues across various jurisdictions. This capability allows users to de-risk their investment decisions by understanding the competitive landscape and identifying any existing patents that may pose challenges. The platform not only highlights risks but also provides insights into how a startup compares to its competitors, helping users refine their strategies accordingly.
Evalify is designed with user confidentiality in mind, offering a stealth mode for sensitive assessments. This feature ensures that the analysis results are securely retained and that users can conduct evaluations without exposing their ideas prematurely. The platform's focus on maintaining privacy is particularly beneficial for startups that may be concerned about revealing proprietary information during the evaluation process.
The user interface of Evalify is straightforward and accessible, allowing users to navigate the platform easily. The self-service model enables users to run analyses at any time without needing to wait for appointments or business hours, making it convenient for busy entrepreneurs and investors. Additionally, Evalify supports bulk analyses, allowing users to evaluate multiple ideas or products simultaneously.
Pricing for Evalify includes several options tailored to different user needs. A one-time analysis costs $249 and provides up to 50 credits for various assessments. There are also subscription packages available: the Starter Package offers 10 monthly credits, the Plus Package provides 25 monthly credits, and the Premium Package includes 50 monthly credits. This tiered pricing structure allows users to choose a plan that best fits their frequency of use and specific requirements.
Key features of Evalify include:
Evalify serves as an essential tool for anyone involved in the startup ecosystem, providing clarity and confidence in navigating the complex world of intellectual property. By automating the analysis process and delivering rapid insights, it empowers users to make informed decisions while minimizing legal risks associated with new ventures.