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Education
- B.A.Sc. in Economics, Northeastern University
Seth Cronin
Director
218
Patent publications as inventor
Hundreds
Disclosures drafted
Frix.ai
Agentic AI for intellectual property
Since 2013
Patent valuation practice
Seth Cronin leads ipCapital Group’s technology strategy and operational execution. He developed AI and automation tools that revolutionized the firm’s services and introduced new methods for clients to understand and leverage intellectual property.
Seth filed his first patent at age 14, which was assigned to S.C. Johnson. Since then, he has drafted hundreds of patent disclosures across wearable devices, medical devices, food products, home automation, real estate, 3D printing, cannabis extraction, carbon sequestration, and advanced materials.
His inventions are owned by companies including Koninklijke Philips, Samsung, Panasonic, Carrier Corporation, and others. He pioneered “ipStory for investors,” a methodology aligning IP strategy with business goals to enhance investor engagement.
Seth builds and operates proprietary, on-premise agentic AI systems designed to amplify the firm’s expert consultants. He has served Fortune 500 companies and innovative startups throughout his career.
Patent & IP Valuation
Valuation is one of Seth’s core areas of focus at ipCapital Group. He has performed dozens of valuations a year since 2013, giving him more than a decade of direct experience in patent valuation, and he has supported valuation work on some of the largest IP transactions of recent years.
His valuation methodology is technology-agnostic and is not limited to patents. Alongside patent portfolios, Seth values trade secrets, know-how, and other forms of intellectual property, and the same disciplined approach carries across very different technologies and markets.
- Valuing IP since
- 2013
- Valuations per year
- Dozens
- Assets valued
- Patents, trade secrets, know-how
Engagement types
- Valuation support for investors and fundraising
- Valuation for underwriters of asset-based loans and other IP-backed lending, including liquidation and distressed-sale values
- Patent acquisition, buy-side and sell-side
- Pricing for licensing and patent sale transactions
- Trade secret and know-how valuation alongside patents
Industries in recent years
- Medical devices
- Pharmaceuticals and drug packaging
- Defense and military
- Artificial intelligence
- Enterprise software
- Cybersecurity and encryption
- Healthcare IT
- Automotive and electric vehicles
- AR/VR and microLED displays
- Insurance technology
- Carbon capture and low-carbon materials
- HVAC, indoor air quality, and IoT
- Hospitality technology
- Video streaming and digital media
- Forestry and heavy equipment
- Consumer apparel