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SpotDraft
Legal · New York City, United States · Founded 2017
A contract automation startup MoreLess
SpotDraft is a company that has developed an AI-powered contract management platform. The primary service is an end-to-end contract automation system designed to assist legal and business teams in managing the entire lifecycle of their contracts. This includes drafting, reviewing, redlining, and finalizing legal agreements.
The platform provides a centralized space where different departments can collaborate on contracts. It integrates with other business tools like Slack and Microsoft Word, allowing for a more streamlined workflow. One of its key features is 'Clickthrough', a tool that facilitates the management of terms and conditions and other contractual agreements. The business model is based on providing this software as a service (SaaS) to other companies, particularly those looking to scale their operations and improve the efficiency of their legal processes. It serves a range of clients, from startups to larger enterprises, helping them to automate and organize their contractual obligations.
Keywords: contract management, AI platform, legal technology, contract automation, SaaS, contract lifecycle, legal operations, document review, redlining, workflow automation
Company overview
SpotDraft company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- New York City, United States
- Employees
- 355
- Open positions
- 16
- Dealroom signal
- 84.2
Valuation & funding
SpotDraft funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jan 2026 | $8M | $380M | Qualcomm Ventures | ↗ |
| SERIES BOther financing | Feb 2025 | $54M | $216M | Arkam Ventures · Xeed VC · Premji Invest · Prosus Ventures | ↗ |
| SERIES AOther financing | Mar 2023 | $26M | $104M | Boldcap Ventures · Arkam Ventures · 021 Capital · Prosus Ventures | ↗ |
| SEEDOther financing | Feb 2019 | $1.5M | $6M | Peeyush Ranjan · Girish Mathrubootham · Singapore Angel Network · 021 Capital | — |
| SUPPORT PROGRAMOther financing | Dec 2017 | $0 | — | Google for Startups Accelerator | — |
| SEEDOther financing | Oct 2017 | 500 Global · Satyen V Kothari · Hunch Ventures · Singapore Angel Network | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $16M | 0% | 355 |
| 2025 | $16M | +157.7% | 335 |
| 2024 | $6.4M | — | 263 |
Growth signals
SpotDraft website traffic
Latest recorded traffic for SpotDraft is 170K monthly website visits, up 70% over the last three months. SpotDraft's team grew 6% over the past year.
Hiring
Open positions at SpotDraft
Current openings linked to this company in Dealroom.
Comparisons
SpotDraft compared with similar companies
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Talent graph
SpotDraft's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where SpotDraft has talent and traffic
team presence
In the news
Latest news about SpotDraft
Recent press, funding announcements, and product moves mentioning SpotDraft — open to read from the original sources.
Market sentiment
What the market is saying about SpotDraft
An AI-synthesized read of the highest-engagement posts about SpotDraft on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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