BELLEVUE, WA, Icertis today announced the closing of an $80 million Series F round at a valuation of over $2.8 billion.
Icertis, the contract intelligence company that pushes the boundaries of what's possible with contract lifecycle management (CLM), today announced the closing of an $80 million Series F round at a valuation of over $2.8B. Icertis has now raised over $280 million, and the current financing nearly triples the valuation of its Series E round in July 2019. The latest round was led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth, and e.ventures. The company will use this funding to invest in accelerating its AI and Blockchain development, expanding its sales and marketing footprint, and building out its global partner network.
With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what's possible with contract lifecycle management (CLM). The AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Today, the world's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million+ contracts worth more than $1 trillion, in 40+ languages and 90+ countries.
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