SpotDraft
SpotDraft is AI contract lifecycle management software for drafting, reviewing, signing and renewing contracts.
SpotDraft vs The Contract Network
At a Glance
| Detail | SpotDraft | The Contract Network |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $88M | $8M |
| Rounds tracked | 3 | 1 |
| Latest round | Series B extension, $8M · Jan 2026 | Seed, $8M · Aug 2023 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Qualcomm Ventures, Vertex Growth Singapore, Trident Growth Partners, Premji Invest | Tusk Venture Partners |
| Built for | In-house teams | Not disclosed |
| Headquarters | United States | United States |
Funding, Side by Side
SpotDraft rounds
- Jan 2026Series B extension$8M
- Feb 2025Series B$54M
- Mar 2023Series A$26M
The Contract Network rounds
- Aug 2023Seed$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, SpotDraft or The Contract Network?
- SpotDraft has raised $88M in disclosed funding, compared with $8M for The Contract Network.
- Do SpotDraft and The Contract Network share investors?
- No. None of the investors we track have backed both companies.
- What is SpotDraft best for?
- SpotDraft is AI contract lifecycle management software for drafting, reviewing, signing and renewing contracts.
- What is The Contract Network best for?
- Contract negotiation platform.
Source: Legal Tech Circle funding data, from public announcements. Updated November 11, 2026.