SpotDraft is a best-in-class end-to-end contract management and automation solution that acts as a digital record system for in-house legal teams. SpotDraft's AI-driven solution empowers in-house legal teams to save up to 5 hours per week and helps them close deals 25 percent faster, freeing them to focus on more strategic projects. Founded by Shashank Bijapur, Madhav Bhagat, and Rohith Salim, the team has decades of combined experience in the legal field as well as in building world-class products at companies like Google, Microsoft, Amazon, IBM, and Linkedin. Since its founding, SpotDraft has tripled its revenue and doubled its headcount year over year.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 03/02/23 | $26,000,000 | Series A |
021 Capital 100x Entrepreneur Fund Arkam Ventures Premji Invest  Prosus Ventures Riverwalk Holdings | undisclosed |
