Capital for patent, trademark, trade secret, and copyright claims.

IP litigation is expensive and long. Criterica Capital provides non-recourse funding for IP enforcement and defense — with dedicated outcome models trained on patent court records from the Eastern District of Texas, the District of Delaware, and 12 federal circuits.

NPEs, operating companies, and inventors funded on equal terms. Outcome determines eligibility, not company profile.

IP litigation has distinct outcome dynamics — jurisdiction selection, claim construction risk, PTAB invalidity exposure, and damages methodology are all material variables in predicting recovery. Our models are trained specifically on patent and IP court records, not generalized commercial litigation data.

We cover PTAB proceedings, ITC section 337 matters, and standard district court litigation. Validity risk — including IPR estoppel — is modeled explicitly in our patent case underwriting. We don't fund cases where PTAB exposure is material and unmodeled.