About SpringCM
SpringCM is a company based in Chicago (United States) founded in 2005 by Jeff Piper was acquired by DocuSign in July 2018.. SpringCM has raised $97.59 million across 15 funding rounds from investors including DocuSign, Comerica and Crestline. The company has 161 employees as of December 31, 2022. SpringCM offers products and services including SpringCM and Authenticator Integration. SpringCM operates in a competitive market with competitors including DocuSign, Box, Acquia, PandaDoc and Sirion, among others.
- Headquarter Chicago, United States
- Employees 161 as on 31 Dec, 2022
- Founders Jeff Piper
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Sectors
Professional & Legal ServicesTechnology
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Phone
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Website
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Social
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Products & Services of SpringCM
SpringCM offers a comprehensive portfolio of products and services, including SpringCM and Authenticator 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.
Software for secure contract lifecycle and authentication processes.
Feature enabling two-step verification with apps for account access.
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Software Development Team
157 people
Leadership Team
132 people
Sales and Marketing
128 people
Product Management Team
82 people
Senior Team
51 people
Finance and Accounting
48 people
Operations Team
43 people
Lead Team
34 people
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Funding Insights of SpringCM
SpringCM has successfully raised a total of $97.59M across 15 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10.5 million completed in June 2018. 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 15
- Last Round Debt – Conventional — $10.5M
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First Round
First Round
(01 Jun 2006)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Debt – Conventional - SpringCM | Valuation |
investors |
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| Feb, 2017 | Amount | Series E - SpringCM | Valuation | Crestline |
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| Jun, 2016 | Amount | Series D - SpringCM | Valuation | Foundation Capital , North Bridge Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 SpringCM
SpringCM has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include DocuSign, Comerica and Crestline. 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 early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Founded Year | Domain | Location | |
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US focused seed to growth stage VC firm
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Founded Year | Domain | Location | |
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Bluestem is recognized as a Midwest private equity company.
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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 SpringCM
| 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 - SpringCM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Springcm Comparisons
Competitors of SpringCM
SpringCM 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, Box, Acquia, PandaDoc 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 |
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| 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Document workflows are automated and managed for sales teams.
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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 |
Contract lifecycle management is facilitated via a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Springcm
Frequently Asked Questions about SpringCM
When was SpringCM founded?
SpringCM was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is SpringCM located?
SpringCM is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is SpringCM a funded company?
SpringCM is a funded company, having raised a total of $97.59M across 15 funding rounds to date. The company's 1st funding round was a Series D of $17.5M, raised on Jun 01, 2006.
How many employees does SpringCM have?
As of Dec 31, 2022, the latest employee count at SpringCM is 161.
What does SpringCM do?
SpringCM provides cloud enterprise content and contract management solutions for businesses. It features on-demand workflow automation and document management for the legal and sales team in a web-based environment. The platform manages the contract lifecycle from contract creation through negotiation, approvals, signature, archiving, and renewals. The product includes workflow, mobile, and security features that eliminate time-consuming manual steps in critical business processes. It integrates with Salesforce and provides visibility into the status of contracts. Its major clients are ADP, Aetna, AthenaHealth, and CableOne.
Who are the top competitors of SpringCM?
What products or services does SpringCM offer?
SpringCM offers SpringCM and Authenticator Integration.
Who are SpringCM's investors?
SpringCM has 12 investors. Key investors include DocuSign, Comerica, Crestline, Square 1 Bank, and Trinity Cap.
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