Wellspring IP Management 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Wellspring IP Management

4.7

(3)

Pricing

Pricing available upon request

About Wellspring IP Management

Wellspring IP Management is a cloud-based intellectual property management platform that helps manage licensing, contracts, disclosures and more. It serves to ensure that intellectual property is managed in a way that respects the rights of all parties involved. It also allows users easy access to contracts, patents and other similar documents. The software offers several key features including automatic reminders, disclosure submissions, online fee payment and more. Additionally, it allows team members to seamlessly add online disclosures to their intellectual property and docketing systems using their existing corporate account information.

Wellspring IP Management Screenshots

Wellspring IP Management Pricing and Plans

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Free Version

Wellspring Worldwide

Pricing available upon request

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Wellspring IP Management Features

Popular features found in Workflow Management
Access Controls/Permissions
Alerts/Notifications
Approval Process Control
Collaboration Tools
Compliance Tracking
Document Management
Drag & Drop
Forms Management
Reporting/Analytics
Search/Filter
Third-Party Integrations
More features of Wellspring IP Management
Communication Management
Contact Management
Contract/License Management
Deadline Management
Disclosure Management
Docket Management
Electronic Payments
IP Portfolio Management
Patent Tracking
Records Management
Reminders
Renewal Management
Spend Management
Status Tracking
Trademark Tracking

Wellspring IP Management Integrations

Docusign

Wellspring IP Management User Reviews

Overall Rating

4.7

Ratings Breakdown

67%

33%

Secondary Ratings

Ease of Use

4.3

Value for money

5.0

Customer support

5.0

Functionality

4.3

Have you used Wellspring IP Management and would like to share your experience with others?

Martin H.

Verified reviewer

Research

10000+ employees

Used daily for more than 2 years

Review source

Reviewed October 2019

More than a place to store information - "Sophia" as SOP and long-term institutional memory

We use Wellspring's "Sophia" IP Management software for all aspects of tech transfer and other important hospital agreements. It further allows all corporate staff to review and track their inventions, IP and agreements. As a system administrator, I have far-reaching permissions to adapt the software to our specific needs without being required to have the changes implemented by the provider.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

One of the major factors for our decision of using Wellspring's "Sophia" IP Management software was the ease of use and the logic between the different modules of Intellectual Property Disclosures, management of IP, agreements encountered in tech transfer and financial record keeping. Further factors considered were the scaleability and the ease of adding other departments as user. Over time, "Sophia" keeps us on track in all tech-transfer matters, IP management and agreement processing. For us, the process setup acts as an SOP and "Sophia" has become our long-term institutional memory.

Cons:

The software was, and still is, one of the most innovative and user-friendly software for IP management. We have no complaints.

Reasons for choosing Wellspring IP Management

We chose Wellspring as our IP management software as it fit our needs of capturing all aspects in the life cycle of tech transfer, fulfills the rigorous and ever-changing reporting requirements, allows access to many users, the highly-flexible adaptation to our own processes and the solid technical support from Wellspring.

Julie D.

Verified reviewer

Hospital & Health Care

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed October 2019

Understanding the Database

The yearly User Group Meetings are helpful to meet the staff at Wellspring; having 1:1's and tutorials about specific questions or "how to's" during the update sessions; being able to network with others at the universities. Also the tech support has been great by arranging calls timely for discussing matters that occur.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The thing I noticed when learning about the software is how intuitive it is; for instance, it's easy to insert data such as emails and documents into a matter and functioning within the program, where to go for what. I think being able to add to the drop-down selections is important too, since the environment constantly changes in healthcare. The automated reminder about patent applications is a great feature as well.

Cons:

Not having the type of document come up in the list when doing a search for linking to an agreement-type matter. That would be a very convenient function.

Reasons for choosing Wellspring IP Management

Meeting the CEO at a conference where Wellspring was a vendor introducing their product was advantageous, and the fact that the software is intuitive, user friendly by those not having IT experience.

Reasons for switching to Wellspring IP Management

Inteum did not effectively support us during a transition; did not connect with our IT to work out a plan; and the software is labor-intensive. You really need to know the inner-workings to efficiently manage the data.

Robert B.

Verified reviewer

Research

1001-5000 employees

Used daily for more than 2 years

Reviewed November 2020

Great but needs improvment

I like it. Perhaps the best on the market... not just because of the software, but because of the support.

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

Well organized for a TTO (not commenting about financials functions since I'm not familiar with those). Decent query builder I like that SQL can be used for querying the database. Great support from Wellspring.

Cons:

Its often very slow when looking up information. Needs a feature to search invention titles. Global search needs to be faster. Would be nice to be able to more easily add custom fields ourselves. A map of the database would be great to make querying via SQL easier.

Reasons for switching to Wellspring IP Management

My administration made that decision.

Showing 1 - 3 of 3 Reviews