Icertis Overview
- Year Founded
-
2009

- Status
-
Private
- Employees
-
2,357

- Latest Deal Type
-
2ndary - Private
- (In Progress)
- Latest Deal Amount
-
$150M
- Investors
-
16
Icertis General Information
Description
Developer of a contract intelligence platform designed to structure and connect every kind of contract. The company's platform uses artificial intelligence to read and analyze documents and third-party papers to provide authorized users with detailed risk reports, and automatic obligations, as well as systematizes all types of contracts and associated documentation, enabling clients to increase compliance, improve governance, mitigate risk and enhance user productivity.
Contact Information
Website
www.icertis.comCorporate Office
- 14711 North East 29th Place
- Suite 100
- Bellevue, WA 98007
- United States
Corporate Office
- 14711 North East 29th Place
- Suite 100
- Bellevue, WA 98007
- United States
Icertis Timeline
Icertis Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Secondary Transaction - Private | 09-May-2024 | $150M | In Progress | Profitable | ||
10. Secondary Transaction - Private | 01-Aug-2023 | Completed | Profitable | |||
9. Later Stage VC | 24-Oct-2022 | Completed | Profitable | |||
8. Later Stage VC | 04-Feb-2022 | Completed | Profitable | |||
7. Later Stage VC (Series F) | 11-Mar-2021 | Completed | Profitable | |||
6. Later Stage VC (Series E) | 17-Jul-2019 | Completed | Profitable | |||
5. Later Stage VC (Series D) | 08-Feb-2018 | Completed | Profitable | |||
4. Later Stage VC (Series C) | 10-Mar-2017 | Completed | Profitable | |||
3. Later Stage VC (Series B1) | 10-Mar-2016 | $15M | $21.5M | Completed | Profitable | |
2. Later Stage VC (Series B) | 28-Apr-2015 | $6M | $6.5M | Completed | Generating Revenue |
Icertis Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series F | ||||||||
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
Series B1 | ||||||||
Series B | 3,340,877 | $0.000100 | $0.14 | $1.75 | $1.75 | 1x | $1.75 | 9.26% |
Series A | 605,252 | $0.000100 | $0.07 | $0.83 | $0.83 | 1x | $0.83 | 1.68% |
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.
Icertis Comparisons
Industry
Financing
Details
Icertis Competitors (34)
One of Icertis’s 34 competitors is Gatekeeper (VCLM), a Private Equity-Backed company based in Jersey, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Gatekeeper (VCLM) | Private Equity-Backed | Jersey, United Kingdom | ||||
SpringCM | Formerly VC-backed | Chicago, IL | ||||
Kira Systems | Private Equity-Backed | Toronto, Canada | ||||
SirionLabs | Venture Capital-Backed | Lehi, UT | ||||
ElectrifAI | Formerly VC-backed | Miami, FL |
Icertis Patents
Icertis Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-11361034-B1 | Representing documents using document keys | Active | 30-Nov-2021 | ||
US-11593440-B1 | Representing documents using document keys | Active | 30-Nov-2021 | ||
DE-112020000860-T5 | Risk forecast based on automated document analysis | Pending | 19-Feb-2019 | ||
US-20200356922-A1 | Risk prediction based on automated analysis of documents | Active | 19-Feb-2019 | ||
US-20200265355-A1 | Risk prediction based on automated analysis of documents | Active | 19-Feb-2019 | G06Q10/0635 |
Icertis Signals
Icertis Investors (16)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Irving Investors | Growth/Expansion | Minority | ||
Karmel Capital | PE/Buyout | Minority | ||
SVB Financial Group | Corporation | Minority | ||
HDS Capital | Venture Capital | Minority | ||
SAP | Corporation | Minority |
Icertis Investments (1)
Icertis’s most recent deal was a Joint Venture with Joint Venture (Icertis / SAP). The deal was made on 28-Feb-2022.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Joint Venture (Icertis / SAP) | 28-Feb-2022 | Joint Venture | Business/Productivity Software |
Icertis FAQs
-
When was Icertis founded?
Icertis was founded in 2009.
-
Where is Icertis headquartered?
Icertis is headquartered in Bellevue, WA.
-
What is the size of Icertis?
Icertis has 2,357 total employees.
-
What industry is Icertis in?
Icertis’s primary industry is Business/Productivity Software.
-
Is Icertis a private or public company?
Icertis is a Private company.
-
What is Icertis’s current revenue?
The current revenue for Icertis is
. -
How much funding has Icertis raised over time?
Icertis has raised $481M.
-
Who are Icertis’s investors?
Irving Investors, Karmel Capital, SVB Financial Group, HDS Capital, and SAP are 5 of 16 investors who have invested in Icertis.
-
Who are Icertis’s competitors?
Gatekeeper (VCLM), SpringCM, Kira Systems, SirionLabs, and ElectrifAI are some of the 34 competitors of Icertis.
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