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Market Tracked raises in 2026$3.41B+$183M this week Rounds77 LatestBlue J$176M Series E Thursday, November 12

Recital

Recital is contract repository and review software for legal departments that connects to email and storage systems to organize agreements, extract metadata, and compare contract versions.

SpotDraft

SpotDraft is AI contract lifecycle management software for drafting, reviewing, signing and renewing contracts.

Recital vs SpotDraft

At a Glance

DetailRecitalSpotDraft
CategoryCLMCLM
Total raisedNot disclosed$88M
Rounds trackedNot disclosed3
Latest roundNot disclosedSeries B extension, $8M · Jan 2026
Last valuationNot disclosedNot disclosed
Lead investorsNot disclosedQualcomm Ventures, Vertex Growth Singapore, Trident Growth Partners, Premji Invest
Built forIn-house teams, BoutiquesIn-house teams
HeadquartersNot disclosedUnited States

Funding, Side by Side

RecitalUndisclosed
SpotDraft$88M
Recital rounds

No public rounds tracked yet.

SpotDraft rounds
  1. Jan 2026Series B extension$8M
  2. Feb 2025Series B$54M
  3. 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, Recital or SpotDraft?
SpotDraft has raised $88M in disclosed funding, compared with no disclosed amount for Recital.
What is Recital best for?
Recital is contract repository and review software for legal departments that connects to email and storage systems to organize agreements, extract metadata, and compare contract versions.
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 12, 2026.