Compact
Compact is a Microsoft 365 contract lifecycle management application for SharePoint-based storage, approval workflows, renewal reminders, metadata extraction, task tracking, and contract reporting.
Ironclad
Ironclad is contract lifecycle management software for creating, negotiating and analyzing contracts with AI.
Compact vs Ironclad
At a Glance
| Detail | Compact | Ironclad |
|---|---|---|
| Category | CLM | CLM |
| Total raised | Not disclosed | $331M |
| Rounds tracked | Not disclosed | 5 |
| Latest round | Not disclosed | Series E, $150M · Jan 2022 |
| Last valuation | Not disclosed | $3.2B |
| Lead investors | Not disclosed | Franklin Templeton, BOND, Y Combinator Continuity, Accel |
| Built for | Not disclosed | In-house teams, Mid-size firms |
| Headquarters | Not disclosed | United States |
Funding, Side by Side
Compact rounds
No public rounds tracked yet.
Ironclad rounds
- Jan 2022Series E$150M
- Jan 2021Series D$100M
- Sep 2019Series C$50M
- Jan 2019Series B$23M
- Aug 2017Series A$8M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Compact or Ironclad?
- Ironclad has raised $331M in disclosed funding, compared with no disclosed amount for Compact.
- What is Compact best for?
- Compact is a Microsoft 365 contract lifecycle management application for SharePoint-based storage, approval workflows, renewal reminders, metadata extraction, task tracking, and contract reporting.
- What is Ironclad best for?
- Ironclad is contract lifecycle management software for creating, negotiating and analyzing contracts with AI.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.