Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Jobs
Financials

Funding and backers

Total raised
$89.5M
4 rounds on record
Latest round
$8M
Series B · Jan 2026 · 8 mo ago
Team
51-200
employees, estimated range
Hiring now
15
+3 posted in 30 days
Backers
2
500 Global, Premji Invest
The money's age
Fresh money
8 months since the last round · and hiring
Momentum
38/100
hiring for its size, a new city, fresh money
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jan 25 Raised a round Series B $8M Feb 12, 2025 Raised a round Series B $54M · PRNewswire Oct 20, 2023 Launched SpotDraft Launches Generative AI-Powered Contract Review Tool, VerifAI · Law.com Mar 1, 2023 Raised a round Series A $26M Feb 22, 2019 Raised a round Seed $1.5M · led by Binny Bansal · firstpost 2017 Founded
Tractionpublic signals, read monthly
Web presence
top 0.08%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Series B Jan 2026 $8M — businesswire.com
Series B Feb 2025 $54M — PRNewswire
Series A Mar 2023 $26M — businesswire.com
Seed Feb 2019 $1.5M Binny Bansal lead, Sailesh Tulshan-backed 021 Capital lead firstpost
Backed byfrom the funds' portfolios and accelerator catalogs
Investors in similar startupsfunds that back the companies most like this one
Similar startupsby what they do, their industry and backers
BindFounded 2018 • 1-10 employees
Bind learns your templates, playbooks, and contracts. Then drafts, reviews, negotiates, signs, and stores every contract in one place.
Word SmithFounded 2020
Wordsmith is the AI platform built for in-house legal teams. Draft, review, and research contracts faster — with answers your team can…
DefinelySeries B $30M · 16 mo ago • Founded 2019 • 51-200 employees
Definely is a London legal technology company founded in 2019 that helps lawyers read complex contracts. Its tools surface defined terms…
LuminanceVenture round $75M · 19 mo ago • Founded 2015 • 501-1000 employees • 48 roles
Luminance is a British legal technology company based in Cambridge that builds AI for contract review, negotiation, due diligence and wider…
Docsum11-50 employees
Docsum helps legal, sales, and finance teams review, negotiate, and manage contracts with AI-assisted redlining and real-time collaboration.
SummizeVenture round · 1 mo ago • Founded 2018 • 201-500 employees
Summize builds contract lifecycle management that works inside everyday tools. Its artificial intelligence summarises agreements and…

How SpotDraft hires

Truth index
B 83/100
Median time to fill
58 days
Ghost roles
0%
Stale roles
67%
Reposted roles
0%

SpotDraft scores B on the Alion truth index (A is best, E worst), measured over 3 open roles re-checked against its own hiring board: 0% look like ghost listings, 67% have gone stale and 0% are the same role posted again. Its roles close in a median of 58 days. It measures how much of what this employer publishes turns into a real, finite search - not the employer as a workplace. How the index is computed

Overview

SpotDraft is a contract lifecycle management company headquartered in Bengaluru, India, and founded in 2017. The company builds software that drafts, reviews, negotiates, signs, and tracks business contracts, using AI to extract obligations and flag risky clauses. It sells to in-house legal teams at technology companies in India and the United States, and maintains a second base in San Francisco.

News

News Law.com 9 months ago
SpotDraft Announces $8M in Additional Series B Funding
In addition to supporting product development and client growth, the investment will allow the contract lifecycle manager provider enhanced access to hardware from Qualcomm, which provided the funding.
Read more
Report
News Pulse 2.0 1 year ago
SpotDraft: Interview With Co-Founder & CEO Shashank Bijapur About The Contract Automation Platform
SpotDraft is known as a co-pilot for your legal team that democratizes legal paperwork and speeds up the contract lifecycle. Pulse 2.0 interviewed SpotDraft CEO and co-founder Shashank Bijapur to learn more about the company.
Read more
Report
News SiliconANGLE 1 year ago
SpotDraft raises $54M to help legal teams manage contracts with AI
SpotDraft raises $54M to help legal teams manage contracts with AI - SiliconANGLE
Read more
Report
News BLaw 1 year ago
SpotDraft Announces $54 Million Venture Funding Round
SpotDraft, which makes contract lifecycle management software for corporate legal teams, raised $54 million in funding, it announced Wednesday.
Read more
Report
Press release PRNewswire 1 year ago
SpotDraft Secures $54 Million To Lead AI Contract Lifecycle Management
/PRNewswire/ -- SpotDraft, the CLM platform that helps in-house legal teams manage their contract ecosystems, has raised $54 million in Series B funding....
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Report
News TechCrunch 1 year ago
SpotDraft taps AI to help streamline contract management
SpotDraft, a contract lifecycle management platform with AI-powered features, has raised $54 million in a new funding round.
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Report
News YahooFinance 1 year ago
SpotDraft taps AI to help streamline contract management
Per a recent poll from legal tech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Legal tech providers are popping up left and right to meet the demand. SpotDraft, which focuses on building contract automa
Read more
Report
Show more news

Tech stack

Technologies named in job postings at SpotDraft over the last 12 months, by layer, with the share of postings for each.
Technologies in use
51
Postings analysed
20
Stack modernity
89/100AI adopter
Languages
Python40%
SQL15%
Go10%
Bash5%
Frameworks & libraries
Django20%
Flask15%
pgvector10%
Databases
Pinecone10%
PostgreSQL10%
Weaviate10%
Cloud & platforms
GCP10%
Kubernetes10%
Metabase10%
AWS5%
AI & ML
ChatGPT25%
Claude25%
LLM20%
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Full SpotDraft tech stack 51 technologies · by team · pay by technology · changes · similar stacks

Growth

Hiring Momentum
73/100
Growing
Open positions
15
3 opened / 3 closed in 30 days
Median time-to-fill
60 days
faster than 23% of the market
ATS activity
Every ~4 hours
Today
Hiring Dynamics +100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Sales
25% ▲
Product
20% ▲
Backend
15% ▼
AI/ML
10% ▼
Customer Success
10%
DevOps
5% ▼
Activity Timeline
New location: United Kingdom Oct 2026
New location: New York Sep 2026
Removed Vector from stack Sep 2026
Added Microsoft Office to stack Sep 2026
Added Linux to stack Sep 2026
Added Microsoft Excel to stack Sep 2026
Added Looker to stack Sep 2026
Added WebSockets to stack Sep 2026
Added Postman to stack Sep 2026
Added SOC 2 to stack Sep 2026
Added Notion to stack Sep 2026
Added Metabase to stack Sep 2026

Offices

Where the company hires and what each office is for
Cities
3
Hiring now
2
Countries
2
Busiest office
Bengaluru
Loading the map
Headquarters Builds here Office with open vacancies No open vacancies right now Tap a pin for the office
Bengaluru India
HQ
Bengaluru, India
11 open roles 17 posted in 90 days 18% engineering 50-200 est. staff
hires for Product, Backend, Sales
No. 1193 & 1194, Sector VII, HSR Layout, Bengaluru – 560102
seen since May 2026 company site, job postings
New York United States
Sales office
New York, USA
1 open roles 1-10 est. staff
hires for Sales
447 Broadway, 2nd Floor, 1410,, New York, NY 10013, USA
seen since May 2026 company site, job postings
Gurgaon India
Regional office
Company Details
Registered Address: BLOCK-C, 944, SUSHANT LOK-1, Gurugram, Haryana, 122001
company site

Jobs

≈ $12k – $29k per year (Estimated) • In office • Full-Time • 2+ years exp • Bengaluru
SQL
WebSockets
Analytics
Metabase
QA
Postman
Apply
In office • Full-Time • Bengaluru
Model Context Protocol
AI Agents
Apply
≈ $57k – $152k per year (Estimated) • In office • Full-Time • 4+ years exp • Bengaluru
SQL
LLM
DevOps
GitHub
Cybersecurity
ISO 27001
SOC 2
GDPR
Analytics
Metabase
Looker
Management
Linear
Confluence
Notion
Jira
Apply
In office • 7+ years exp • Bengaluru
Python
Java
C++
Flask
Django
DevOps
Rest API
Apply
≈ $19k – $43k per year (Estimated) • In office • Full-Time • 3+ years exp • Bengaluru
Model Context Protocol
Embeddings
AI Agents
Human-in-the-Loop
LLM Guardrails
Edge AI
Management
Slack
Apply
In office • Full-Time • 7+ years exp • Bengaluru
Python
Flask
Django
Apply

Financials

Total raised
$89.5M
Latest round
Series B
Funding rounds
4
Funding rounds
Round Announced Amount
Series B 2026 $8M Details
Series B 2025 $54M Details
Series A 2023 $26M Details
Seed 2019 $1.5M Details