Daniel Raskin began his career when he was just 14 years old as an engineer of the Coin Base. As he tells her, he was a teenager “who knew how to code and wanted to make cool things.”
Obviously, very young to get a bank account, Rashkin did an independent development work that he found on Reddate in exchange for Bitcoin. There he saw that the coin was hiring base services, and boldly sent a cold email to the heads that asked if he could work for the Crypto Exchange.
He told Tech Crunch, “The long story short, I finished writing most of the early software that strengthened the coin base platform.” “I didn't write the V0 code base … but I wrote many software that reached us from 1 to 10.”
Four years after the coin base, Raskin decided to go to college and then to La School. It started some startups along the way, including an election security company where he developed a patent on his technology and won his patent.
Disappointed with how the patent process was “vague”, in December 2024, Raskin launched a new company based on Salt Lake City called Inventics.
Ruskin, who is now 26 -year -old, says inventics wants to simplify the process of manufacturing and filing patent requests using a series of AI agents growing by lawyers. They believe that inventox companies can help acquire patent pending “10x fast”-rather than a traditional firm.
The concept quickly attracted investors and after just a month, Raskin collected 4 2.4 million in the pre -seed round to increase the invention. The capital of the conviction, co -founder of the Coin Base, Fred Ohsam, and Cambrian Ventures led the financing, including the participation of Boost and others. The money was deposited by Safes at a price of 10 million.
Inventics uses the necessary technical data such as codes, design documents, and technical specifications provided by its users. This then indicates what its consumers have invented, which meets the legal requirements for the patenticity. Restkin said it includes the search for earlier art or before what has been done in this particular customer's technical field, as well as “how different our customer is,”.
The company then drafts and files patent applications from the United States and abroad.
Ruskin, who works with Raskin in the Queen Base, told Tech Crunch that Roskin began leading the Crypto Company “soon” after the start of a high school student. So when he heard what Raskin was doing with inventics, he signed as a small angel investor as part of the seed's earlier financing.
“She's thinking of navigating complex systems, fast -up, is fast moving, fast moving, and extraordinarily good,” said Stephenko, the founder of the operator. “I have been following his work since then (working with him at the Queen Base) and I am excited to support my new company.
'More than we can handle'
In addition to speed, Risk claims that the inventics approach also gets high quality patents to its customers.
“We especially fix the model of every technical field model, and our agents are true experts in every technical field that our customers work,” he said. Traditional patent attorney, Raskin believes, often do not understand the inventions they are protecting. Technicians are monitored and improved by licensed lawyers.
Raskin is convinced that Inventics has the right model of being modern in this complex substile of legal services.
“Our rivals sell software to traditional law firms as task -based automation, and their incentives, such as a capable hour model, and their incentives are forced to induce their incentives through a broader scheme to pay for the results,” he said. “We offer it by providing service from the end to the end.”
Raskin claims that the model of inventics is also common. For example, he said that inventics is currently using its tool to automate MSPB (US Merit Systems Protection Board), which was recently released to thousands of federal employees.
“Traditional firms cannot support the burden of such work,” he said.
These are the early days, but the annual revenue of the annual revenue in the pipeline is about $ 250,000, according to Raskin, including two publicly traded companies and numerous startups. Derek is one who has allowed the name.
“We have more bounds than we can handle,” Raskin said.
Building a unicorn
Roskin also specializes in Fentic's place. In 2022, he joined a service to pay for the GIG platforms to pay for his workforce. There, Raskin says, he helped to start a checker, “starting inside a startup”. During his time, Raskin hired a team of three engineers and “made and launched a nebank in about three to four months.” (The checker raised $ 250 million in 2021 at a price of $ 4.6 billion.) Raskin dispatched the company to finish Law School at New York University in 2023, where he graduated at 10 % of his class in 2024.
During his time during his time, Raskin found out Cambrin Ventures' Solo GP Rex Selbury, who told the young businessman the company's “high -speed engineer”.
“Ask the initial coin base team and they will tell you the same thing, which is still in high school,” Slasbury told Tech Crunch. “Daniel helped to make two unicorn (coins and checkers) before graduating from college, and after that he was able to graduate from the law school and pass the patent bar.
He added: “In this early stages, you do not pure a company purely what it is, but what can happen. It is already noteworthy that what Daniel has made, but looking at its pace, what really excuses me is how quickly it has hanged for further construction.”
Make the patent more accessible
Inventics have increased 2X every month since December, which is mainly through literal mouth references and partnerships with VCS. The company receives a monthly fee to consumers for making patent portfolio. The fees include discovery, drafting, filing, and patent prosecutions.
Currently, it has three full -time employees (all engineers) and several contract patents.
According to Raskin, the closest rival to inventics is the patent drafting tools, such as the edge and the solution.
Prior to Inventics, Raskin founded the shape in July 2024, which had the same concept, but with a co -founder who “didn't work.”
Looking forward, Riskkin is considering presenting the drafting tool cut as a white labeled product for law firms so that they can “get its clients faster to get a better patent.”
“This patent is consistent with our long -term vision for the law sector,” he said. Right now, 90 % of the timely disclosures for initial patent filing are spent on drafting. 10 % of the strategy is spent. ” “It will return in five years – drafting will take 10 % time, and there will be a different service provided by strategy firms. It eventually costs filing a patent, and makes the system more accessible to any size innovators.”
