Icertis is a global leader in contract lifecycle management (CLM), offering an AI-driven platform that transforms contracts into structured, actionable intelligence. Its technology helps enterprises manage obligations, risks, entitlements, compliance, and performance through deep analytics and workflow automation. Trusted by major organizations across healthcare, technology, manufacturing, retail, and financial services, Icertis integrates with ERP, CRM, and procurement systems to enable complete contract governance. With strong backing from leading investors and continuous innovation, the company remains at the forefront of intelligent contract systems and enterprise digital transformation.
What Is Icertis and What Does It Do?
Icertis, founded in 2009 by Monish Darda and Samir Bodas, is a Bellevue–based (United States) contract lifecycle management platform. Icertis employs 1,649 people and provides AI-powered CLM solutions that structure, analyze, and operationalize contract data across the enterprise. The platform enhances compliance, automates workflows, and provides insights that influence financial, legal, procurement, and sales decisions. Designed for security and scalability, Icertis helps organizations reduce risk, improve efficiency, and unify contracting processes across global operations.
How Much Funding Has Icertis Raised?
1. Series F
- Amount Raised: $50M
- Date: Mar 04, 2025
- Motivation: Strengthen AI capabilities and expand global enterprise adoption.
2. Series F
- Amount Raised: $75M
- Date: Oct 31, 2022
- Lead Investors: SVB
- Motivation: Accelerate product development and expand enterprise-grade CLM features.
3. Venture Debt
- Amount Raised: $75M
- Date: Oct 31, 2022
- Lead Investors: SVB
- Motivation: Support operational scale and cloud infrastructure growth.
Total Funding Raised: $497M
Current Valuation: $5B (as of Jan 2022)
Latest Funding Date: March 2025
Key Investors
1. Greycroft
- Details: A global venture firm backing enterprise SaaS and digital platforms.
- Investment Focus Areas: SaaS, fintech, enterprise tools, marketplaces.
- Notable Investments: Venmo, Bumble, Miro, Scopely, GoPuff.
2. B Capital
- Details: Multi-stage investment firm founded by Bain & Company leadership.
- Investment Focus Areas: Enterprise software, healthcare, AI, SaaS.
- Notable Investments: ServiceTitan, FalconX, Innovaccer, Icertis, Evidation Health.
3. SAP
- Details: Enterprise software giant investing in strategic technology partners.
- Investment Focus Areas: ERP extensions, AI, procurement, enterprise applications.
- Notable Investments: WalkMe, Tractable, Taulia, Celonis, Signavio.
Where Is Icertis’ Headquarters?
Icertis is headquartered in Bellevue, Washington, a major technology hub supporting enterprise software innovation and global operations.
What’s Next for Icertis?
Icertis plans to expand its AI-driven contract intelligence engine, deepen integrations with ERP and procurement platforms, and enhance agentic workflow automation. With growing enterprise adoption and global scaling efforts, the company is positioning itself as the backbone of intelligent contracting worldwide.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Icertis. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.
