At a Glance
| Detail | Icertis | SpotDraft |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $320M | $88M |
| Rounds tracked | 5 | 3 |
| Latest round | Growth Equity, $50M · Mar 2025 | Series B extension, $8M · Jan 2026 |
| Last valuation | $2.8B | Not disclosed |
| Lead investors | B Capital, Greycroft, Meritech Capital, Premji Invest | Qualcomm Ventures, Vertex Growth Singapore, Trident Growth Partners, Premji Invest |
| Built for | In-house teams | In-house teams |
| Headquarters | US | United States |
Funding, Side by Side
Icertis rounds
- Mar 2025Growth Equity$50M
- Mar 2021Series F$80M
- Jul 2019Series E$115M
- Feb 2018Series D$50M
- Mar 2017Series C$25M
SpotDraft rounds
- Jan 2026Series B extension$8M
- Feb 2025Series B$54M
- Mar 2023Series A$26M
Backed by both: Premji Invest.
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, Icertis or SpotDraft?
- Icertis has raised $320M in disclosed funding, compared with $88M for SpotDraft.
- Do Icertis and SpotDraft share investors?
- Yes. Premji Invest backed both.
- What is Icertis best for?
- Icertis is enterprise contract management software that connects contract data with business systems.
- 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.