Icertis

Icertis is the contract intelligence company that pushes the boundaries of what's possible with Contract Lifecycle Management (CLM).

Icertis transforms contracts into strategic business assets, giving global enterprises powerful new capabilities to maximize revenue, control costs, and manage risk.

Icertis was formed in 2009 by Samir Bodas and Monish Darda. The company is headquartered in Bellevue, Washington with 12 offices and 3 support centers globally. 

 

Icertis' AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs.

 

Icertis, with unmatched technology and category-defining innovation, pushes the boundaries of what’s possible with contract lifecycle management (CLM). It's advanced analytics and real-time contract intelligence maximizes business impact.

 

Icertis' platform is used by companies like 3M, Airbus, Cognizant, Daimler, Microsoft and Roche to manage 10 million+ contracts worth more than $1 trillion, in 40+ languages and 90+ countries.

 

Icertis is backed by SoftBank, Greycroft, B Capital Group, Ignition Partners, SAP, Silicon Valley Bank, Eight Roads Ventures, Greycroft Partners, E.ventures, Meritech Capital Partners, PSP Growth, and others. The company secured $150M in credit facility and convertible financing on Oct 31, 2022. This brings Icertis' total funding to $521M to date. Icertis was valued at $5B from a financing in Oct 2021.

 

 

  • Year founded: 2009
  • Funding Info: $521M over 9 Rounds (Latest Funding Type: Convertible Debt)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $5B as of Oct 2021
  • City/Town: Bellevue
  • State: Washington
  • Country: United States
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