Welcome to MRT Patents. MRT Patents was founded based on our experience in managing intellectual property that led to the acquisition of our startup company where the value of our IP played a key role.
We are using the same patent analytics software to determine patent valuations that was used to determine the monetary value of our patent portfolio during due diligence of our acquisition. We were fortunate because the acquiring company operated with integrity in the deal based on the valuation information that they had which we did not have. However not all companies with IP can be that fortunate.
If you are raising money through the investment community, borrowing from banks through IP lending using your patents as collateral, considering an auction / sale of your patents or valuing your patents for an M&A transaction, MRT Patents can give you a data point to help in your decision making with the reports we offer.
At MRT Patents, we view patents not merely as legal rights, but as vital business assets that can significantly influence a company's growth and innovation trajectory. Our approach is based on more than just traditional valuation metrics, incorporating a strategic perspective that aligns with your business goals and market dynamics. This philosophy is the cornerstone of our services, enabling us to deliver tailored solutions that illuminate the real value of patents in the context of your business.
Our mission is to transform how companies perceive, manage, and leverage their patents. By providing precise, comprehensive patent valuation reports, we aim to empower business leaders with critical insights for strategic decision-making. Whether it's a single patent, a portfolio, or understanding the patent landscape, MRT Patents is dedicated to enhancing the strategic value of your intellectual property assets.
Michael Recker is the founder and president of MRT Patents. MRT Patents is a leader advisory firm in patent monetization and strategic intellectual property planning. Michael is an experienced technoiogy and IP executive with a proven track record in developing and monetizing a broad intellectual property portfolio.
Michael was co-Founder of Mr Beams, a wireless lighting company acquired by Ring in 2017 and subsequently by Amazon in 2018. He is named inventor on over 60 U.S. utility patents, 40 U.S. design patents, and 25 international patents.
The Mr Beams patent portfolio was monetized in successful pitches in fund raising rounds with venture capital and private equity, was used as collateral in a loan from an IP lender for growth capital, was licensed to other companies to launch products with Mr Beams patented technology and went through a valuation analysis, the valuation report serving as an important component in the ultimate sale of the company.
Michael started MRT Patents is to help companies, organizations, investors, patent attorneys and individuals to understand the value of their patents through valuation and market reports to create a strategy and to monetize their portfolios to achieve the highest business value possible out of their patent assets.