Spotdraft Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 250

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $54M

  • Investors
  • 36

Spotdraft General Information

Description

Developer of an artificial intelligence-driven contract management platform designed to draft and execute legal contracts. The company's platform advises businesses about existing contracts without additional costs or fees and sends customized reminders and invoices, enabling businesses to procure payment to avoid all the confusing paperwork.

Contact Information

Website
www.spotdraft.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4th Floor, UrbanVault, 97
  • 17th Cross Road, Sector 4, HSR Layout
  • Bengaluru, Karnataka 560102
  • India
Primary Industry
Business/Productivity Software
Other Industries
Automation/Workflow Software
Legal Services (B2C)
Vertical(s)
Legal Tech, Big Data, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 4th Floor, UrbanVault, 97
  • 17th Cross Road, Sector 4, HSR Layout
  • Bengaluru, Karnataka 560102
  • India

Spotdraft Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Spotdraft Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Later Stage VC (Series B) 12-Feb-2025 $54M Completed Generating Revenue
12. Accelerator/Incubator 18-Jul-2024 Completed Generating Revenue
11. Later Stage VC (Series A) 02-Mar-2023 Completed Generating Revenue
10. Later Stage VC 25-Nov-2022 Completed Generating Revenue
9. Later Stage VC 05-Apr-2022 Completed Generating Revenue
8. Early Stage VC 25-Jun-2020 Completed Generating Revenue
7. Early Stage VC 22-Feb-2019 Completed Generating Revenue
6. Accelerator/Incubator 31-Jul-2018 Completed Startup
5. Accelerator/Incubator $550K Completed Startup
4. Grant 07-Jan-2018 $6K $550K Completed Startup
To view Spotdraft’s complete valuation and funding history, request access »

Spotdraft Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A2 CCPS
Series A
Ordinary Shares
Preference
Preference 4,159 $1.223632 $390.69 $390.69 1x $390.69 13.96%
Preference 3,530 $1.223632 $118.95 $118.95 1x $118.95 11.85%
To view Spotdraft’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Spotdraft Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an artificial intelligence-driven contract management platform designed to draft and execute legal contract
Business/Productivity Software
Bengaluru, India
250 As of 2025

Palo Alto, CA
 

Monroeville, PA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Spotdraft Competitors (3)

One of Spotdraft’s 3 competitors is RecVue, a Venture Capital-Backed company based in Palo Alto, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
RecVue Venture Capital-Backed Palo Alto, CA
ExpenseAnywhere Corporation Monroeville, PA
Juro Venture Capital-Backed London, United Kingdom
You’re viewing 3 of 3 competitors. Get the full list »

Spotdraft Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Spotdraft Investors (36)

Investor Name Investor Type Holding Investor Since Participating Rounds
Trident Growth Partners Growth/Expansion Minority
Vertex Growth Venture Capital Minority
Xeed Ventures Venture Capital Minority
Google for Startups Accelerator/Incubator
Addition Venture Capital Minority
You’re viewing 5 of 36 investors. Get the full list »

Ready to get started?

Request a free trial

Spotdraft FAQs

  • When was Spotdraft founded?

    Spotdraft was founded in 2017.

  • Where is Spotdraft headquartered?

    Spotdraft is headquartered in Bengaluru, India.

  • What is the size of Spotdraft?

    Spotdraft has 250 total employees.

  • What industry is Spotdraft in?

    Spotdraft’s primary industry is Business/Productivity Software.

  • Is Spotdraft a private or public company?

    Spotdraft is a Private company.

  • What is Spotdraft’s current revenue?

    The current revenue for Spotdraft is .

  • How much funding has Spotdraft raised over time?

    Spotdraft has raised $98.3M.

  • Who are Spotdraft’s investors?

    Trident Growth Partners, Vertex Growth, Xeed Ventures, Google for Startups, and Addition are 5 of 36 investors who have invested in Spotdraft.

  • Who are Spotdraft’s competitors?

    RecVue, ExpenseAnywhere, and Juro are competitors of Spotdraft.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »