Ironclad has raised a total of $333 million across multiple rounds, including a $150 million Series E on January 18, 2022, led by Franklin Templeton Investments, which valued the company at $3.2 billion and secured unicorn status. Headquartered in San Francisco, California, Ironclad provides a contract lifecycle management platform featuring self-serve contract authoring, redlining, audit logs, advanced search, and centralized contract repositories. As of December 2022, Ironclad employed 239 people, helping legal and business teams automate contract workflows.
Keep reading to explore Ironclad’s funding journey, key investors, and what’s next for this legal-tech innovator.
What Is Ironclad and What Does It Do?
Founded in 2014, Ironclad provides contract lifecycle management (CLM) software that enables teams to create, negotiate, execute, and track contracts. The platform features collaboration tools, redlining, version control, and advanced reporting, enabling the centralization of contract data and reducing legal cycle times.
How Much Funding Has Ironclad Raised?
- Series E
- Amount Raised: $150M
- Date: January 18, 2022
- Lead Investors: Franklin Templeton Investments
- Motivation: To scale enterprise adoption, accelerate product innovation, and expand global sales.
Total Funding Raised: $333M
Latest Funding Date: January 18, 2022
Current Valuation: $3.2B
Key Investors
- Bond Capital
- Details: Growth-stage investor focused on enterprise software.
- Investment Focus Areas: SaaS, legal tech, B2B platforms.
- Proactive
- Details: Investment firm supporting high-growth technology companies.
- Investment Focus Areas: Workflow automation and contract systems.
Where Is Ironclad’s Headquarters?
Ironclad is headquartered in San Francisco, California, United States, a central hub for enterprise SaaS and legal technology innovation.
What’s Next for Ironclad?
With a $3.2 billion valuation, Ironclad is expected to expand its CLM capabilities, deepen integrations with CRM and legal systems, and further penetrate enterprise markets with AI-driven contract analytics and automation.
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