COMPANY PROFILE

SpotDraft

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A contract automation startup

New York City, United StatesFounded 2017Legal

Valuation $250–500M Last recorded · 2026

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About SpotDraft

SpotDraft is a company that has developed an AI-powered contract management platform. The primary service is an end-to-end contract automation system designed to assist legal and business teams in managing the entire lifecycle of their contracts. This includes drafting, reviewing, redlining, and finalizing legal agreements.

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The platform provides a centralized space where different departments can collaborate on contracts. It integrates with other business tools like Slack and Microsoft Word, allowing for a more streamlined workflow. One of its key features is 'Clickthrough', a tool that facilitates the management of terms and conditions and other contractual agreements. The business model is based on providing this software as a service (SaaS) to other companies, particularly those looking to scale their operations and improve the efficiency of their legal processes. It serves a range of clients, from startups to larger enterprises, helping them to automate and organize their contractual obligations.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: New York City, United States
Employees: 355
Open positions: 16
Dealroom signal: 84.2/100
Industry: Legal
Sub-industry: Legal Documents Management
Sector: Legal, Accounting, SaaS, Invoicing, Core AI, Automated Process, Platform, Computer, Automated Technology
Technology: Artificial Intelligence, Machine Learning
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

Knowledge graph

News, research, reports and resources connected to this company by Dealroom

Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES BOther financing	Jan 2026	$8M	$380M	Qualcomm Ventures	↗
SERIES BOther financing	Feb 2025	$54M	$216M	Arkam Ventures · Xeed VC · Premji Invest · Prosus Ventures	↗

Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024		—

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Growth signals

SpotDraft website traffic

Latest recorded traffic for SpotDraft is 170K monthly website visits, up 70% over the last three months. SpotDraft's team grew 6% over the past year.

Latest monthly visits170K 3-month web change+70% 1-year team growth+6%

Monthly website visitsFeb 2018–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Events Operations SpecialistBengaluru, Karnataka, India · Human Resources · Aug 24, 2026 Senior Product Manager - AIBengaluru, Karnataka, India · Business Development · Aug 16, 2026 AI Engineering InternBengaluru, Karnataka, India · Data Science & Engineering · Aug 15, 2026 Account Executive - APACBengaluru, Karnataka, India · Accounting · Jul 15, 2026 Legal Operations Senior AssociateBengaluru, Karnataka, India · Legal · Feb 24, 2026 Associate Event MarketerNew York, United States · Marketing & Communication · Jan 16, 2026

6 distinct openings shownExplore hiring signals →

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