Spotlight on: Ironclad
HQ: San Francisco, California
No. of Employees: 265
Growth Rate: 1.15 percent
Institutional Investors:
- Pandadoc
- Brightleaf
- Icertis
- Contrager
- SirionLabs
Twitter: @Ironclad_Inc
Weekly Growth: 96th Percentile
Summary: Developer of a digital contracting platform intended to transform contract processes by automating workflows and approvals. The company's platform automatically identifies key terms and entities, turning contracts into code and allowing users to search, tag, and manage their contracts, enabling legal, sales and operations teams to streamline the way they create, store and leverage contracts as intelligence assets.
The company raised $100 million of Series D venture funding in a deal led by Bond Capital (San Francisco) on January 14, 2021, putting the company's pre-money valuation at $900 million. Lux Capital Management, Amplo (Spring) and other investors also participated in the round. The funds will be used to drive product innovation, scale go-to-market functions, and roll out a new standard for business contracting.
To learn more about Ironclad, go to https://ironcladapp.com/.
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Source: Pitchbook, Dec. 2021
Published January 11, 2022.