Crosby
Crosby operates an AI-assisted legal service in which software agents and lawyers review, redline, and negotiate commercial contracts through email, Slack, and CLM workflows.
SpotDraft
SpotDraft is AI contract lifecycle management software for drafting, reviewing, signing and renewing contracts.
Crosby vs SpotDraft
At a Glance
| Detail | Crosby | SpotDraft |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $85.8M | $88M |
| Rounds tracked | 3 | 3 |
| Latest round | Series B, $60M · Mar 2026 | Series B extension, $8M · Jan 2026 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Lux Capital, Index Ventures, Sequoia Capital, Bain Capital Ventures | Qualcomm Ventures, Vertex Growth Singapore, Trident Growth Partners, Premji Invest |
| Built for | Not disclosed | In-house teams |
| Headquarters | US | United States |
Funding, Side by Side
Crosby rounds
- Mar 2026Series B$60M
- Oct 2025Series A$20M
- Jun 2025Seed$5.8M
SpotDraft rounds
- Jan 2026Series B extension$8M
- Feb 2025Series B$54M
- Mar 2023Series A$26M
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, Crosby or SpotDraft?
- SpotDraft has raised $88M in disclosed funding, compared with $85.8M for Crosby.
- Do Crosby and SpotDraft share investors?
- No. None of the investors we track have backed both companies.
- What is Crosby best for?
- Crosby operates an AI-assisted legal service in which software agents and lawyers review, redline, and negotiate commercial contracts through email, Slack, and CLM workflows.
- What is SpotDraft best for?
- SpotDraft is AI contract lifecycle management software for drafting, reviewing, signing and renewing contracts.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.