About AxDraft
AxDraft is a company based in Kyiv (Ukraine) founded in 2016 was acquired by Onit in December 2020.. AxDraft has raised $1.25 million across 2 funding rounds from investors including FundersClub, Onit and FCVC. AxDraft offers products and services including ContractWorks and AXDRAFT Integration. AxDraft operates in a competitive market with competitors including DocuSign, Icertis, Evisort, Conga and Sirion, among others.
- Headquarter Kyiv, Ukraine
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Axdraft Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.25 M (USD)
in 2 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Apr 19, 2019
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Investors
FundersClub
& 7 more
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Employee Count
Employee Count
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Acquired by
Onit
(Dec 17, 2020)
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Products & Services of AxDraft
AxDraft offers a comprehensive portfolio of products and services, including ContractWorks and AXDRAFT Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing contracts from drafting to monitoring and integration.
Tool for seamless data integration in contract workflows.
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Funding Insights of AxDraft
AxDraft has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
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First Round
First Round
(11 Mar 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - AxDraft | Valuation | FundersClub , SCM Advisors | |
| Mar, 2019 | Amount | Seed - AxDraft | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AxDraft
AxDraft has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include FundersClub, Onit and FCVC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on seed and series investments
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Founded Year | Domain | Location | |
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Tech startups are funded through venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AxDraft
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AxDraft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axdraft Comparisons
Competitors of AxDraft
AxDraft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DocuSign, Icertis, Evisort, Conga and Sirion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud and AI-based electronic signatures and contract management are provided.
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| domain | founded_year | HQ Location |
Provider of contract lifecycle management platform with AI and agentic workflows
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| domain | founded_year | HQ Location |
Contract lifecycle management software is developed using AI-powered intelligence.
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
AI-powered software for legal contract management is utilized.
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| domain | founded_year | HQ Location |
AI based platform for contract analytics and due diligence
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AxDraft
When was AxDraft founded?
AxDraft was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is AxDraft located?
AxDraft is headquartered in Kyiv, Ukraine.
Is AxDraft a funded company?
AxDraft is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Mar 11, 2019.
What does AxDraft do?
AxDraft was founded in 2016 in Kyiv, Ukraine, within the document automation sector. Cloud-based solutions for automated document management are offered, including project workflows tailored to specific transactions. Collaboration features are integrated into the platform, and access to subscription-based pricing modules is enabled for users. Operations focus on streamlining document processes through these tools.
Who are the top competitors of AxDraft?
What products or services does AxDraft offer?
AxDraft offers ContractWorks and AXDRAFT Integration.
Who are AxDraft's investors?
AxDraft has 8 investors. Key investors include FundersClub, Onit, FCVC, SCM Advisors, and Nick Bilogorskiy.
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