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SpotDraft

SpotDraft

Private
New York City, New YorkEnterprise Softwarehttps://www.spotdraft.com/

Last Round

Series B

Extension

Jan 27, 2026

Est. Valuation

$380M

Total Funding Raised

$92.05M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

SpotDraft is a business/productivity software company that provides an AI-powered contract lifecycle management platform for drafting, reviewing, signing, and managing legal contracts.

Sector

Enterprise Software

Verticals

Legal Tech, Workflow Automation, Document Management, NLP & Conversational AI, Compliance

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

contract lifecycle managementCLMcontract management softwarelegal techcontract AIcontract automationAI contract reviewlegal operations softwareworkflow automationcontract repositorysales contract automationeSignaturedocument managementSalesforce integrationclickwrap management

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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SpotDraft Comps

Public and private peers based on sector, stage, and business model.

SpotDraft comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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SpotDraft Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionJan 27, 2026
Series BFeb 12, 2025
Series AMar 2, 2023
SeedFeb 22, 2019
SeedOct 25, 2017

Key People

Founding team and executive leadership

Madhav Bhagat

Co-Founder CTO

Founding Team

Shashank Bijapur

Co-Founder CEO

Founding Team

Akshay Verma

Chief Operating Officer

Executive Team

SpotDraft Investors

Notable investors and investment history

SpotDraft investors
InvestorRounds
ProsusSeries B, Series A
Incrementum VenturesSeries A
NaspersSeries A
Singularity HoldingsSeries A
Riverwalk HoldingsSeries A, Series B
Spiral VenturesSeed
500 GlobalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 27, 2026

    Raised $8M in Series B Extension funding.

  • Jan 10, 2026

    Added Obeshop, an e-commerce technology startup, as a customer.

SpotDraft Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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SpotDraft Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about SpotDraft's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range351
Year Founded2017
Last FundingJan 27, 2026

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