At a Glance
| Detail | iTerms | SpotDraft |
|---|---|---|
| Category | CLM | CLM |
| Total raised | Not disclosed | $88M |
| Rounds tracked | Not disclosed | 3 |
| Latest round | Not disclosed | Series B extension, $8M · Jan 2026 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Not disclosed | Qualcomm Ventures, Vertex Growth Singapore, Trident Growth Partners, Premji Invest |
| Built for | Not disclosed | In-house teams |
| Headquarters | Not disclosed | United States |
Funding, Side by Side
iTerms rounds
No public rounds tracked yet.
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, iTerms or SpotDraft?
- SpotDraft has raised $88M in disclosed funding, compared with no disclosed amount for iTerms.
- What is iTerms best for?
- ITerms is an AI legal workbench operated under the Fadada group for enterprise legal and compliance work.
- 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.