Icertis

Icertis is the leading provider of contract lifecycle management in the Cloud. It solves the hardest contract management problems on the easiest to use platform.

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, Eight Roads Ventures, Greycroft Partners, E.ventures, Meritech Capital Partners, PSP Growth, and others. The company raised an undisclosed amount in financing on Jan 25, 2022. This follows a $80M funding raised in Oct 2021, which valued the company at $5B post-money. Icertis has raised a total of $371M in funding to date.

 

 

  • Year founded: 2009
  • Funding Info: $371M over 8 Rounds (Latest Funding Type: Venture- Series Unknown)
  • 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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