SIM IP and Tangibly have launched a partnership aimed at funding and accelerating trade secret litigation, pairing SIM IP’s intellectual property monetization and enforcement experience with Tangibly’s AI-driven trade secret management and intelligence platform.
The companies said the collaboration is designed to help organizations identify potential trade secret misappropriation claims, evaluate whether those claims are strong enough to pursue, and—when appropriate—secure litigation financing to move forward without shouldering the full upfront cost and risk. The partners positioned the offering as an end-to-end route from trade secret discovery and documentation through litigation readiness and enforcement capital.
Tangibly will provide litigation intelligence and case validation through its AI-powered SaaS platform. The platform is intended to speed up key early steps in trade secret disputes, including asset identification, evidence development, and evaluating a case’s strength and potential value. By standardizing and automating parts of that process, the companies said they can reduce the time and expense required to prepare claims while improving evidentiary readiness so that only higher-quality matters advance to financing consideration.
SIM IP will supply litigation financing and strategic advisory services for cases that meet its underwriting criteria. The firm said its model is intended to broaden access to enforcement—particularly for smaller innovators that may face well-resourced opponents—by enabling companies to pursue meritorious claims without funding the entire legal effort themselves.
The announcement also points to a broader rise in trade secret disputes, which the companies attribute to factors including employee mobility, global competition, and new risks tied to generative AI. With nearly a decade of litigation history under the U.S. Defend Trade Secrets Act, the partners argue that trade secrets are increasingly being treated as enforceable assets with measurable economic value, even as many companies remain unaware of potential claims or lack the resources to pursue them.
The partnership builds on SIM IP’s recent strategic investment in Tangibly and reflects a shared focus on expanding trade secret protection and enforcement options. The companies also said they plan to publish educational resources to help organizations better understand trade secret rights and litigation pathways.
SIM IP is a Miami- and Paris-based firm focused on intellectual property-based financing, investment, and monetization, with activity across multiple jurisdictions including the U.S., Europe, and Asia. Tangibly describes itself as an enterprise platform for trade secret management that uses proprietary AI to help companies identify, protect, and enforce trade secret assets with an emphasis on efficiency and compliance.
KEY QUOTES:
“Most companies are sitting on untapped trade secret claims without realizing it. Our AI tools demystify this process, allowing businesses to quickly evaluate their IP’s value and the strength of potential cases. Partnering with SIM IP expands our trade secret offering from management to enforcement, giving innovators a clear path to protect their intellectual property and business interests.”
Tim Londergan, Co-Founder and CEO, Tangibly
“We are thrilled to partner with Tangibly to transform trade secret enforcement from a reactive burden into a proactive advantage. For too long, IP theft has been a silent killer of innovation. This partnership ensures that companies have the capital and deep expertise to fight back, turning potential losses into recoverable value and deterring future violations.”
Erich Spangenberg, Co-Founder and CEO, SIM IP
