AI-native patent firm Fearn launches to take on the billable hour

Fearn has launched an AI-native patent prosecution firm pairing former Big Law attorneys with an in-house AI team. Provisionals cost $2,500 and non-provisionals $9,000 including USPTO fees, with filings in as little as three business days. The company raised $5.5 million from Kindred Ventures, a16z Speedrun, Designer Fund and Essence VC.

• Provisional filings cost $2,500; non-provisionals $9,000 including USPTO fees
• Filings possible in three business days versus 30–40 attorney hours
• $5.5M raised from Kindred Ventures, a16z Speedrun, Designer Fund, Essence VC
• Gross margins above 80% in a $14 billion global patent market