The Legal Tech Map › Contract management and contract AI software
SpotDraft
AI contract lifecycle management for corporate legal departments, started by an ex-White & Case lawyer
SpotDraft provides contract workflows, negotiation, e-signature, a repository and analytics for in-house legal departments, with AI review inside the editor. It was co-founded by CEO Shashank Bijapur, previously a corporate lawyer at White & Case in New York, and CTO Madhav Bhagat. Trident Partners and Vertex Ventures led its $54M Series B.
- Market
- Contracts & Transactions, In-house legal teams
- Based in
- New York, United States
- Founded
- 2017
- Stage
- Series B
- Total raised
- $92M
- Founders
- Shashank Bijapur, Madhav Bhagat
- Website
- spotdraft.com
Funding and deals
- 2026-01: Series B extension, $8m, led by Qualcomm Ventures
- 2025-02: Series B, $54m, led by Vertex Growth Singapore;Trident Partners
Investors
- Premji Invest
- Arkam Ventures
- Prosus Ventures
- Qualcomm Ventures
- Trident Partners
- Vertex Growth Singapore
- Xeed VC
Similar companies
- Chamelio: AI platform for corporate legal teams that learns from past negotiations to review and redline contracts (United States)
- LegalOn Technologies: AI contract review and legal workflow platform for in-house teams, started in Japan and now also run from San Francisco (Tokyo, Japan)
- Lexion: AI contract management and workflow tool for corporate legal departments, spun out of AI2 (Allen Institute) (United States)
- LinkSquares: Contract management and AI contract analytics software used by corporate legal departments (Boston, United States)
- Luminance: AI for contract negotiation, review and management, built on its own legal language model, for in-house and law firms (London, United Kingdom)
- Summize: CLM for corporate legal departments that works inside Teams, Slack, Word and email (Manchester, United Kingdom)
The Legal Tech Map is published by Eilla AI. Map criteria · What's new · Summary for AI tools