SpotDraft: Funding, Investors & Team (Sep 2026)
SpotDraft is an advanced contract management and automation solution created for rapidly expanding businesses. It offers comprehensive contract management services for various teams, such as legal, sales, marketing, human resources, business operations, and procurement. By utilizing cutting-edge technology, SpotDraft supports legal teams in optimizing their contract management processes by removing inefficiencies and minimizing repetitive tasks. Enhance your contracting process with SpotDraft's user-friendly interface, intelligent contract repository, customizable templates and workflows, and more. The platform is compatible with popular SaaS tools like Salesforce, HubSpot, Slack, and Google Drive, providing a seamless experience for global organizations like Airbnb, Notion, STRAVA, Beamery, and Fidelity International. Founded in 2017 by a Harvard law graduate and two Carnegie Mellon computer engineers, SpotDraft secured $26 million in Series A funding in 2023 to further develop its platform, expand its team, and facilitate growth.
SpotDraft has raised $88.0M across 3 funding rounds on record, the most recent a Series B of $8.0M announced in Jan 2026.
That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
SpotDraft Company Profile and Key Stats
Latest funding round on record: Jan 2026.
SpotDraft Funding Rounds
SpotDraft raised $26.0M in a Series A announced in Mar 2023.
1.9 years later, a Series B of $54.0M was announced in Feb 2025.
11 months later, a Series B of $8.0M was announced in Jan 2026.
SpotDraft Founders and Leadership Team
Contact details for the SpotDraft team: 1 of 1 has an email address on file.
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SpotDraft's latest round of $8.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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SpotDraft Funding FAQs
What does SpotDraft do?
SpotDraft is an advanced contract management and automation solution created for rapidly expanding businesses. It offers comprehensive contract management services for various teams, such as legal, sales, marketing, human resources, business operations, and procurement. By utilizing cutting-edge technology, SpotDraft supports legal teams in optimizing their contract management processes by removing inefficiencies and minimizing repetitive tasks. Enhance your contracting process with SpotDraft's user-friendly interface, intelligent contract repository, customizable templates and workflows, and more. The platform is compatible with popular SaaS tools like Salesforce, HubSpot, Slack, and Google Drive, providing a seamless experience for global organizations like Airbnb, Notion, STRAVA, Beamery, and Fidelity International. Founded in 2017 by a Harvard law graduate and two Carnegie Mellon computer engineers, SpotDraft secured $26 million in Series A funding in 2023 to further develop its platform, expand its team, and facilitate growth.
How much funding has SpotDraft raised?
SpotDraft has raised $88.0M across 3 rounds on record. The most recent is a Series B of $8.0M announced in Jan 2026.
When did SpotDraft last raise funding?
SpotDraft's most recent funding round on record is a Series B of $8.0M, announced in Jan 2026.
Who founded SpotDraft?
FundedIQ lists Shashank Bijapur (Founder) at SpotDraft.
Where is SpotDraft headquartered?
SpotDraft is based in Bangalore, Karnataka, India.
How many employees does SpotDraft have?
SpotDraft is in the 251-500 employee band.
How does SpotDraft's funding compare to other Artificial Intelligence startups?
SpotDraft's latest round of $8.0M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.
About FundedIQ's SpotDraft Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SpotDraft is left off this page rather than filled in.
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