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SpotDraft

Legal Technology New York ~260 employees

Founded

Employees (Est.)

~260

13 leaders known

Total Funding

$88.0M

Funding Rounds

Last Funding

2026-01-27

About SpotDraft

SpotDraft is a contract management platform designed for teams of all sizes, focusing on intelligent contract lifecycle management for fast-growing companies. It aims to streamline contract processes using AI, reduce risk, save time for legal teams, and provide secure, data-driven solutions.

Products & Services

SpotDraft AI:Transforms contract processes with AI-powered efficiency.

VerifAI:Reviews contracts 15x faster using AI within Microsoft Word.

Workflows:Automates contracting processes with customizable workflows.

Templates:Creates high-volume contracts using templates.

Contract Editor:Enables effortless editing and collaboration on contracts.

ESignatures:Creates legally binding documents with e-signatures.

Repository:Provides a single source of truth for contract storage.

Reporting:Generates custom contract reports instantly.

Contract Analytics:Offers data-driven insights from contracts.

Clickthrough:Collects contract acceptance with a single click.

Legal Hub:Manages all online terms in a single place.

Integrations:Enables contracting within tools used by business teams.

Campaigns:Bulk-sends personalized contracts in minutes.

Aadhaar eSignatures:Collects Aadhaar-verified e-signatures on contracts.

SpotDraft AI

VerifAI

Contract Workflow

Contract Templates

Editor

eSignatures

Contract Repository

Contract Reporting

Contract Analytics

Clickwrap

Legal Hub

Legal Intake

Sidebar

Contract Creation

Contract Collaboration

Contract Management

Specialties

AI-powered contract management Contract lifecycle management (CLM) Contract data intelligence Negotiation intelligence Workflow automation Secure digital signatures AI-powered contract lifecycle management Digital signatures (ESIGN, eIDAS compliant) Contract negotiation and redlining Secure contract repository and access controls Process analytics and insights Responsible AI usage per California State Bar and ABA guidelines

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series B Extension T: - FT: Series B Extension	A: 8000000 MR: - FA: $8 million FAN: 8000000	D: 2026-01-27 FD: 2026-01-27	1 investors
2	RT: Series B T: - FT: Series B	A: 54000000 MR: - FA: $54 million FAN: 54000000	D: 2025-02-12 FD: 2025-02-12	6 investors
3	RT: Series A T: - FT: Series A	A: 26000000 MR: - FA: $26 million FAN: 26000000	D: 2023-03-02 FD: 2023-03-02	6 investors

Series B Extension Latest

2026-01-27

$8.0M

1 investor (Pro only)

Series B 2025-02-12

$54.0M

Series A 2023-03-02

$26.0M

View 2 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

Shashank Bijapur

CEO and Co-Founder

Madhav Bhagat

CTO and Co-Founder

Akshay Verma

COO

Alon Waks

CMO

Amit Sharma

CFO

Mohammad Moiz

VP, Customer Success

View 10 more team members with Pro

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Key Competitors

Competitor Alpha

Series B · $50M raised

Competitor Beta

Series C · $120M raised

Competitor Gamma

Series A · $25M raised

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Website: spotdraft.com
Industries: Legal Technology
Company Size: ~260 employees (est.)
Locations: New York

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Technology Stack

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