Lumenci partners with VSS Capital Partners and Century Equity Partners to drive global expansion

Austin, Texas – December 18, 2024 – Lumenci, Inc., a full-service intellectual property (IP) consulting firm, has today announced a significant partnership with VSS Capital Partners (VSS), a private investment firm investing in the healthcare, education, and business services industries, and Century Equity Partners, a Boston-based private equity firm. This strategic investment marks a major milestone in Lumenci’s journey to broaden its services portfolio and expand its geographic presence.

Lumenci has established itself as a trusted partner for patent owners and law firms seeking to maximize the value of their intellectual property assets. With offices in Austin, Texas; New York; the San Francisco Bay Area; and the New Delhi area, India, Lumenci’s team of over 100 experts brings unparalleled technical, valuation, and strategic insights to clients worldwide.

The company’s expertise spans patent monetization, litigation support, and IP asset management, offering a comprehensive suite of services to help clients navigate complex IP challenges.

“Lumenci understands how to support clients through the host of challenges that arise with patent monetization campaigns, and knows what it takes to create value for law firms involved in IP litigation,” said Patrick Turner, Partner and Senior Managing Director at VSS.

“Founders Harish, Kalyan, and their talented team have done an excellent job building Lumenci’s innovative and differentiated platform and we’re delighted to partner with them in their next chapter. Lumenci offers a truly unique solution in what we believe is a fragmented and underserved market,” added Michael Gebhardt, Principal at VSS.

“Lumenci has built an exceptional team, expanded service offerings, and a strong brand in the market, and we are very confident about Lumenci’s growth potential as a platform”, said Peter Laino, Managing Director at CEP.

Harish Daiya, Co-Founder and Chief Executive Officer of Lumenci, expressed excitement about the new partnership, stating, “We’re thrilled to partner with VSS and Century Equity Partners, and with their support, we will continue to build turnkey solutions with expanded services to a broader set of clients.” 

Kalyan Banerjee, Co-Founder, and Chief Growth Officer of Lumenci, highlighted the alignment between the investors and Lumenci’s strategic goals: “Our new investors share our conviction that Lumenci’s strong client focus and plans to expand our services, and geographic reach will enable us to create value for our customers, employees, and shareholders.” 

Driving results and creating impact

Lumenci’s impact is truly highlighted by its track record of analyzing over 70,000 patents, supporting more than 300 IP litigation matters, and helping clients secure over USD 3 billion in settlements, verdicts, and cost-saving initiatives. The firm’s expertise spans industries, assisting law firms, large technology companies, startups, and patent portfolio holders.

Advisors

Clearsight Advisors Inc. served as financial advisor to Lumenci, with Pillsbury Winthrop Shaw Pittman LLP and AZB acting as legal counsel. Proskauer Rose LLP served as legal counsel to VSS.

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