Franklin Templeton, a global investment management firm known for backing category-defining leaders like OneTrust and Gong, is leading the round. The 100% insider round also includes previous investors like BOND, YC Continuity, Emergence, Lux, Haystack, Accel, and Sequoia Capital. Ironclad will use the funding to fuel product innovation and scale its digital contracting platform, which is the standard of choice for innovative organizations around the world.

Ironclad is the #1 contract lifecycle management platform for innovative companies. L'Oréal, Staples, Mastercard, and other leading innovators use Ironclad to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. It's the only platform flexible enough to handle every type of contract workflow, whether a sales agreement, an HR agreement or a complex NDA.