About Spotdraft Legal
Spotdraft Legal is a Professional & Legal Services company based in India founded in 2017 by Rohith Salim, Madhav Bhagat, and Shashank Bijapur. AI-powered software for contract drafting and management is provided. It operates in the Professional & Legal Services and Technology sectors. Spotdraft Legal has raised $112.95 million across 12 funding rounds from investors including Angel List, Naspers and Prosus. The company has 162 employees. Spotdraft Legal was last valued at $136.47 million in December 2024. Its chief executive, as recorded, is Shashank Bijapur. Its website spotdraft.com draws about 117 thousand monthly visits. Its Indian entity Draftspotting Technologies Private Limited reported revenue of ₹121 Cr. Spotdraft Legal offers products and services including SpotDraft AI, Workflows, Templates, Contract Editor, and ESignatures. Its focus areas include Enterprise Applications, Legal Tech, Legal Contract Management and Contract Lifecycle Management.
Company details
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.
- Headquarters India
- Employees 162
- Founders Rohith Salim, Madhav Bhagat, Shashank Bijapur
- Stage Minicorn
- SectorsProfessional & Legal ServicesTechnology
- Email••••••••
- Website spotdraft.com
- Social LinkedIn X Facebook Instagram YouTube Threads
- Legal Name Draftspotting Technologies Private Limited
- Date of Incorporation 19 Apr, 2017
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹121 Cr
FY 2025 · +92% YoY
- Net Loss-₹121 Cr
FY 2025 · -100% margin
- EBITDA-₹120 Cr
FY 2025 · -99% margin
- Total Equity Funding$112.95M (USD)
in 12 rounds
- Latest Funding Round$8M (USD), Series B
Jan 2026
- InvestorsAngel List
& 34 more
- Employee Count162
Associated legal entities of Spotdraft Legal
Spotdraft Legal operates through Draftspotting Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Draftspotting Technologies Private Limited CIN U72200HR2017PTC068652 | Active | 19 Apr 2017 | Gurugram, Haryana | ₹121 Cr | 162 | 7 | View details |
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
Apps and channels of Spotdraft Legal
its YouTube channel SpotDraft has 487 subscribers and 30 videos.
Videos from Spotdraft Legal
The most watched videos on Spotdraft Legal's YouTube channel, SpotDraft (487 subscribers). Click a video to play it here.
More on SpotDraft.
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.
- Total Funding $112.95M
- Total Rounds 12
- Last Round Series B — $8M
- First Round $550,000
(Oct 2017)
- Investors Count 35
Latest 10 of 12 funding rounds of Spotdraft Legal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | $8M | Series B | – | – | |
| Feb 2025 | $54M | Series B | – | Vertex Growth, Trident Growth Partners | |
| Dec 2024 | $5.96M | Series A | $136.47M | – | |
| Jul 2024 | Grant | – | – | ||
| Dec 2023 | $555,400 | Series A | $147.32M | Angel List, Blume Ventures | – |
| Mar 2023 | $26M | Series A | $••••• | Premji Invest | |
| Aug 2022 | $7.72M | Series A | $••••• | – | |
| Jan 2022 | $6.6M | Series A | $••••• | Premji Invest, Arkam Ventures | – |
| Jun 2021 | Seed | – | – | ||
| Feb 2020 | $2.06M | Seed | $••••• | 021 Capital |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2024 | $136.47M | •••••••• |
| Dec 2023 | $147.32M | •••••••• |
| Mar 2023 | $••••• | •••••••• |
| Aug 2022 | $••••• | •••••••• |
| Jan 2022 | $••••• | •••••••• |
| Feb 2020 | $••••• | •••••••• |
| Feb 2019 | $••••• | •••••••• |
| Oct 2017 | $••••• | •••••••• |
Full valuation and stage history of Spotdraft Legal
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $136.47M (Dec 2024). 35 investors in total: 23 institutional and 12 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & late stage investments focused PE & VC firm | vertexgrowth.com | |||
Early-stage venture capital investment firm | xeed.vc | Bengaluru, India | ||
Tech-enabled sectors are invested in by the venture capital fund. | arkamvc.com | Bengaluru, India | ||
Tech companies are invested in by this venture capital firm. | 1997 | prosus.com | Amsterdam, Netherlands | |
Provides venture capital for technology startups and enterprise innovations worldwide. | premjiinvest.com | Bengaluru, India | ||
Private equity investments are directed toward growth-stage companies. | tridentgrowthpartners.tcc.mode | Bengaluru, India | ||
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture capital fund investing in multiple sectors | 2021 | riverwalkholdings.com | Gurugram, India | |
Investment in Enterprise AI startups is provided by Neon Fund. | neon.fund | Bengaluru, India | ||
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa |
Investor details for Spotdraft Legal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Draftspotting Technologies Private Limited (Spotdraft Legal)
Draftspotting Technologies Private Limited is the primary company behind Spotdraft Legal. The board of Draftspotting Technologies Private Limited currently have 7 directors; the longest-serving is Shashank Umakant Bijapur, appointed in 2017. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashank Umakant Bijapur DIN 07702463 | Director | 19 Apr 2017 | 9 yrs 6 mo | Draftspotting Technologies Private Limited |
| Madhav Bhagat DIN 01649614 | Director | 10 Jul 2017 | 9 yrs 3 mo | Draftspotting Technologies Private Limited |
| Sailesh Tulshan DIN 07309300 | Director | 09 Apr 2019 | 7 yrs 6 mo | Draftspotting Technologies Private Limited |
| Balaji Srinivasa DIN 07169578 | Nominee Director | 18 Dec 2021 | 4 yrs 10 mo | Draftspotting Technologies Private Limited |
| Akshay Ullal Kini DIN 10799146 | Nominee Director | 31 Oct 2024 | 1 yr 11 mo | Draftspotting Technologies Private Limited |
| James Tze Wei Lee DIN 08682099 | Nominee Director | 02 May 2025 | 1 yr 5 mo | Draftspotting Technologies Private Limited |
| Atul Gupta DIN 06940578 | Nominee Director | 02 May 2025 | 1 yr 5 mo | Draftspotting Technologies Private Limited |
People of Spotdraft Legal
78 people are tracked at Spotdraft Legal (11 in leadership, 4 in board & advisors, 63 in team); the tracked headcount is 162.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CPO | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Nikhil Singh | Vice President Of Engineering | Leadership |
Nakta Alaghebandan | Chief Of Staff To The COO | Leadership |
Meghna Raghunathan | VP Of Design And Experience | Leadership |
Tyler Finn | Head of Community & Growth | Leadership |
Akshay Verma | COO | Leadership |
Husnaa B. | Head Of Human Resources | Leadership |
Shreya Gupta | Vice President Strategy | Leadership |
Udit Misra | Director Of Growth & Product Marketing | Leadership |
Tommie Tavares-Ferreira | Advisor | Board & advisors |
Joe Green | Advisor | Board & advisors |
Vineet Shahani | Advisor | Board & advisors |
Jose Lopez | Advisor | Board & advisors |
Karthikeyan J | Software Engineer | Team |
Chetan Khunti | Senior Product Manager (technical) | Team |
Abhijeet Vyas | Product Manager III | Team |
Akshay Vinod | Software Engineer | Team |
Harsha Kashinath | Lead QA Engineer | Team |
58 more people are available in the full profile.
Complete people profiles for Spotdraft Legal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Spotdraft Legal
Figures of Draftspotting Technologies Private Limited, the primary company behind Spotdraft Legal, for FY 2025. Revenue was ₹121 Cr (+92% year on year). Net loss was -₹121 Cr (-100% margin). EBITDA was -₹120 Cr (-99% margin). Revenue has grown at a compounded annual rate of +125% over three years and +117% over five years.
- ₹121 CrRevenue · FY 2025 · +92% YoY
- -₹121 CrNet loss · -100% margin
- -₹120 CrEBITDA · -99% margin
- ₹2.01 CrPaid-up capital
- 162Employees (provident fund records)
- +125%Revenue CAGR, 3 years
- +117%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Draftspotting Technologies Private Limited are on its company page.
Detailed financial statements for Spotdraft Legal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Spotdraft Legal
4 dated milestones of Spotdraft Legal across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Spotdraft Legal is founded.
- Funding First funding round of $550K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $8.0M.
Web traffic of Spotdraft Legal
The website of Spotdraft Legal (spotdraft.com) receives about 117.1K visits a month.
- Monthly visits117.1K
▼ 17.3% vs previous month
Websites whose visitors overlap most with Spotdraft Legal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| juro.com | 100% | 288K | #148,036 | View details | |
| lex.page | 96% | 89.5K | #437,262 | View details | |
| figma.com | 92% | 84.7M | #221 | View details | |
| zoom.us | 92% | 563.4M | #82 | View details | |
| agileengine.com | 89% | 680.7K | #395,518 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spotdraft Legal
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- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Spotdraft Legal
Complete news archive for Spotdraft Legal
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Articles about Spotdraft Legal on our blog
Frequently Asked Questions about Spotdraft Legal
Spotdraft Legal was founded in 2017.
Spotdraft Legal is headquartered in India.
Shashank Bijapur is the CEO of Spotdraft Legal, as recorded in our data. 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. The company's 1st funding round was a Seed of $2.06M, raised on Oct 2017.
Spotdraft Legal has 162 employees.
The primary company behind Spotdraft Legal, Draftspotting Technologies Private Limited, reported revenue of ₹121 Cr for FY 2025, up 92% year on year.
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.
Spotdraft Legal operates through Draftspotting Technologies Private Limited.
The legal entities of Spotdraft Legal currently have 7 directors, including Madhav Bhagat, Balaji Srinivasa, James Tze Wei Lee and others.