About Spotdraft Legal
Spotdraft Legal is a company based in India founded in 2017 by Rohith Salim, Madhav Bhagat, and Shashank Bijapur. Spotdraft Legal has raised $112.95 million across 12 funding rounds from investors including Angel List, Naspers and Prosus. The company has 162 employees as of April 05, 2024. Spotdraft Legal offers products and services including SpotDraft AI, Workflows, Templates, Contract Editor, and ESignatures. Spotdraft Legal operates in a competitive market with competitors including DocuSign, Icertis, PandaDoc, Evisort and Conga, among others.
- Headquarter India
- Employees 162 as on 05 Apr, 2024
- Founders Rohith Salim, Madhav Bhagat, Shashank Bijapur
- Stage Minicorn
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Sectors
Professional & Legal ServicesTechnology
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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 Draftspotting Technologies Private Limited
- Date of Incorporation 19 Apr, 2017
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$2.43 M (USD)89.28as on Mar 31, 2023
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Net Profit
-$8.1 M (USD)-733.5as on Mar 31, 2023
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EBITDA
-$7.92 M (USD)-857.49as on Mar 31, 2023
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Total Equity Funding
$112.95 M (USD)
in 12 rounds
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Latest Funding Round
$8 M (USD), Series B
Jan 27, 2026
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Investors
Angel List
& 34 more
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Employee Count
162
as on Apr 05, 2024
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Products & Services of Spotdraft Legal
Spotdraft Legal offers a comprehensive portfolio of products and services, including SpotDraft AI, Workflows, Templates, Contract Editor, and ESignatures.
AI for faster contract review and risk detection
Automates contract approval and processes
Creates high-volume contracts efficiently
Enables editing and redlining of contracts
Provides legally binding digital signatures
People of Spotdraft Legal
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Funding Insights of Spotdraft Legal
Spotdraft Legal has successfully raised a total of $112.95M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in January 2026. 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.
Investors in Spotdraft Legal
Spotdraft Legal has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Naspers and Prosus.
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Investor details for Spotdraft Legal
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Investments & Acquisitions by Spotdraft Legal
Investment portfolio details for Spotdraft Legal
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- Transaction dates
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Financial Statements - Spotdraft Legal
Detailed financials for Spotdraft Legal
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Spotdraft Legal Comparisons
Peer comparison for Spotdraft Legal
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Competitors of Spotdraft Legal
Spotdraft Legal 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, PandaDoc, Evisort and Conga, among others.
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Cloud and AI-based electronic signatures and contract management are provided.
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Provider of contract lifecycle management platform with AI and agentic workflows
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Document workflows are automated and managed for sales teams.
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Contract lifecycle management software is developed using AI-powered intelligence.
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Contract lifecycle management is facilitated via a cloud-based platform.
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Product, order management, and network provisioning solutions are provided.
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Detailed competitors of Spotdraft Legal
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Latest news on Spotdraft Legal
Complete news archive for Spotdraft Legal
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Frequently Asked Questions about Spotdraft Legal
Spotdraft Legal was founded in 2017.
Spotdraft Legal is headquartered in India.
Shashank Bijapur is the current CEO of Spotdraft Legal. They have also founded this company.
Spotdraft Legal is a funded company, having raised a total of $112.95M across 12 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Spotdraft Legal is 162.
Annual revenue of Spotdraft Legal is $2.43M as on Mar 31, 2023.
Spotdraft Legal was founded in 2017 in India as a provider of AI-powered contract management software. The platform is utilized by businesses to streamline contract drafting, signing, and ongoing management. A collaborative space is enabled for contract review, redlining, and finalization. Contracts are consolidated and stored in a centralized repository. Analytics tools are integrated to offer insights into contracting workflows and aid decision-making processes.
Spotdraft Legal offers SpotDraft AI, Workflows, Templates, Contract Editor, and ESignatures.
Spotdraft Legal has 35 investors. Key investors include Angel List, Naspers, Prosus, BoldCap, and Riverwalk Holdings.
The valuation of Spotdraft Legal is $136.47M as of Dec 2024.