December 18, 2024

Clearsight Advises Lumenci on an Investment by VSS and Century Equity Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a successful transaction in its Professional Services practice. Clearsight served as the exclusive advisor to Lumenci, Inc. (“Lumenci” or the “Company”) in its investment by Veronis Suhler Stevenson, LLC (“VSS”) and Century Equity Partners, LLC (“CEP”).

Lumenci is a leading full-service intellectual property (IP) consulting firm providing a global, one-stop, turnkey solution for patent owners and law firms looking to monetize IP assets. The Company offers a comprehensive suite of services to clients spanning enterprises, law firms, and startups, and has analyzed over 70,000 patents, managed more than 300 litigations, and helped its clients achieve more than $3 billion in IP-related settlements and cost savings. Lumenci’s deep domain expertise is dual-shore, with headquarters in Austin, TX supported by offices in New York, the San Francisco Bay Area, and New Delhi region, India. In addition to helping clients protect their IP, the Company developed its own proprietary IP to increase delivery efficiency through automation. With a focus on serving high-growth technology sectors such as software, telecommunications and networking, and semiconductor and hardware, Lumenci is poised to capitalize on the positive tailwinds in these industries.

VSS and CEP, based in New York and Boston, respectively, will support Lumenci in capitalizing on the broader multi-billion dollar outsourced legal services market as demand for services in connection with the IP monetization and litigation continues to rise.

Harish Daiya, Co-Founder and CEO of Lumenci, remarked, “Founding and building Lumenci has been an incredible journey, and partnering with VSS and CEP marks an exciting milestone for our firm. The Clearsight team’s sage counsel, thoughtful discussions, and vast knowledge of the tech-enabled services landscape provided for a great experience and outcome.”

Brendan Curran, Director at Clearsight Advisors, added, “Harish, Co-Founder Kalyan Banerjee, and their team built an impressive business, and Lumenci is now a leader in its niche. The demand for the Company’s patent monetization and litigation services is primed for growth in their sizable and growing market. We’re excited to see VSS and CEP support Lumenci’s ability to meet this demand.”

The Clearsight deal team included Joel Kallett, Brendan Curran, Thomas Foreman, and Elizabeth Kilgore.

 

About Lumenci

Lumenci is a leading IP consulting firm dedicated to helping clients maximize the value of their intellectual property. With offices across the United States and India, Lumenci provides technical, valuation, and strategic advice to patent owners and law firms.
The Company’s expertise spans patent monetization, litigation support, and IP strategy, delivering exceptional client outcomes. For more information, visit www.lumenci.com.

Share