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Current company SpotDraft
Information Technology & Services · 330 employees · Founded 2017
SpotDraft is an AI-powered contract lifecycle management (CLM) platform founded in 2017. The company automates and streamlines the entire contract process for fast-growing businesses, covering everything from creation and negotiation to signing, storage, and analysis. SpotDraft aims to enhance efficiency by merging AI capabilities with human legal insight.
The company, also known as Draftspotting Technologies Private Limited, has raised over $80.5 million in funding, including a significant $54 million Series B round in February 2025. With around 330 employees, SpotDraft generates revenue exceeding ₹47.1 Cr (approximately $52.5 million) and operates offices in New York and Bengaluru. Its offerings include automated workflows, negotiation and collaboration tools, a secure contract repository, analytics for data-driven decisions, and compliant e-signature solutions. SpotDraft has been recognized as Fast Company's Most Innovative Company in 2024, highlighting its commitment to improving contract management for its clients.