SpotDraft Secures $54 Million in Series B Funding Led by Vertex Ventures and Trident Partners

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Contract lifecycle management (CLM) platform SpotDraft has raised $54 million in a Series B funding round led by Vertex Growth Singapore and Trident Partners. The round also saw participation from existing investors Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest. This comes after the company’s $26 million Series A funding in March 2023.

Founded in 2017 by Shashank Bijapur, Madhav Bhagat, and Rohith Salim, SpotDraft provides an AI-enabled CLM platform designed for in-house legal teams. The platform streamlines contract processes with…



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SpotDraft Secures $54 Million in Series B Funding Led by Vertex Ventures and Trident Partners


Contract lifecycle management (CLM) platform SpotDraft has raised $54 million in a Series B funding round led by Vertex Growth Singapore and Trident Partners. The round also saw participation from existing investors Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest. This comes after the company’s $26 million Series A funding in March 2023.

Founded in 2017 by Shashank Bijapur, Madhav Bhagat, and Rohith Salim, SpotDraft provides an AI-enabled CLM platform designed for in-house legal teams. The platform streamlines contract processes with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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