Strategy & Partnerships
Is crowdfunding viable for a patented product?
The short answer
For consumer products with a demonstrable prototype, yes — crowdfunding is a demand test and a funding round in one. Context: only about 40% of patented inventions ever reach market launch, so a patent plus a working demo already puts you ahead of most campaigns; IP alone, however, doesn't fund.
The full picture
What actually funds: a product people can picture owning, a video that shows it working, and an audience built before launch day. The patent's role is defensive and narrative — 'patented technology' reassures backers and discourages copycats, but no one backs a legal document.
Two cautions specific to patent holders: public disclosure timing (your filings should predate the campaign — talk to your attorney about any unfiled improvements) and campaign success doesn't equal business success — fulfillment has sunk many funded products. Crowdfunding answers 'does anyone want this?' beautifully; it's a weaker answer to 'should I build a company?' Worth separating those questions before you launch.
Where does your patent stand?
The Beyond the Patent Commercialization Score answers that — a professional, factor-by-factor read on your patent's licensing, sale, build, and partner potential.
Related questions
General information for patent owners — not legal advice. Read the disclaimer.