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icertis.com

Founded Year

2009

Stage

Corporate Minority | Alive

Total Raised

$371.5M

Valuation

$0000 

Last Raised

$80M | 8 mos ago

Mosaic Score

+70 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Icertis

Icertis is a cloud-based enterprise contract management platform that enables companies to accelerate their business by increasing contract velocity, protect against risk by ensuring regulatory and policy compliance and optimize commercial relationships by maximizing revenue and reducing costs.

Icertis Headquarters Location

14711 NE 29th Place Suite 100

Bellevue, Washington, 98007,

United States

425-869-7649

ESPs containing Icertis

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Healthcare Payers Tech

Companies in this market offer software to help payers and providers execute value-based care arrangements through the contract lifecycle, from design to payment. While these tools are generally associated with accountable care organizations (ACOs), many of the functions are relevant to primarily fee-for-service (FFS) organizations as well.

Icertis named as Leader among 14 other companies, including Aledade, Stellar Health, and Yuvo Health.

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Expert Collections containing Icertis

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Icertis is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,190 items

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

V

Value-Based Care & Population Health

193 items

H

Health IT

166 items

Icertis Patents

Icertis has filed 6 patents.

The 3 most popular patent topics include:

  • Software design patterns
  • Conflict of laws
  • Information technology management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/30/2021

6/14/2022

Classification algorithms, Software design patterns, Disability sport classifications, Free computer libraries, Statistical classification

Grant

Application Date

11/30/2021

Grant Date

6/14/2022

Title

Related Topics

Classification algorithms, Software design patterns, Disability sport classifications, Free computer libraries, Statistical classification

Status

Grant

Latest Icertis News

09:00 EDT Lufthansa Technik Selects Icertis to Transform Contract Management

Aug 30, 2022

News provided by Share this article Share this article Aviation Technology and Maintenance Market Leader Chooses AI-Powered Contract Intelligence to Improve Contracting Efficiency and Transparency BELLEVUE, Wash., Aug. 30, 2022 /PRNewswire/ -- Contract intelligence company Icertis  announced that Lufthansa Technik AG, the aircraft maintenance business of the Lufthansa Group, has selected Icertis Contract Intelligence  (ICI) as its enterprise-wide contract lifecycle management (CLM) solution. The company plans to integrate the Icertis platform with its existing SAP CX solution to strengthen sales and improve compliance, risk management, and efficiency. Lufthansa Technik joins a growing list of companies in the aviation space, including several of the world's top manufacturers and airlines, using Icertis to transform contract management. Lufthansa Technik is one of the world's leading providers of aircraft maintenance, repair and overhaul, and modification services, managing more than 4,500 aircraft under an exclusive contract. Like many companies, Lufthansa Technik is challenged with increasing uncertainty and competition, particularly as the aviation industry recovers from the effects of the COVID-19 pandemic. As a result, Lufthansa Technik sought solutions to accelerate business transactions and reduce process complexity. "The Icertis Contract Intelligence platform and the company's deep partnership with SAP will deliver new insights and automated processes for our sales team to speed the drafting and negotiation of contracts. These efficiencies and insights are particularly valuable during economic fluctuations and will help to drive revenue, reduce risk exposure, and gain transparency into the performance of contracts," said Kai-Stefan Roepke, Vice President Corporate Sales EMEA, Lufthansa Technik AG. Using the AI capabilities in Icertis Contract Intelligence, Lufthansa Technik will digitize the entire contracting process, structure the data in contracts, and connect this critical business data with operational systems. ICI will integrate directly into Lufthansa Technik's SAP CX system, providing enterprise efficiencies and operational intelligence. The initiatives will extend business insights to more than 1,300 users and help ensure that the intent of every contract is correctly memorialized and fully realized. "By choosing Icertis' CLM solution, Lufthansa Technik can have continuous information flow throughout sales opportunities, providing teams with better information, improving forecast accuracy, and achieving more efficient customer management. This contract management transformation will both advance the organization's business and benefit the travel industry ecosystem overall," explained Roman Howe, Icertis Vice President of Customer Advocacy, Europe. About Lufthansa Technik AG With some 35 subsidiaries and affiliates, the Lufthansa Technik Group is one of the leading providers of technical aircraft services in the world. Certified internationally as maintenance, production, and design organization, the company has a workforce of more than 22,000 employees. Lufthansa Technik's portfolio covers the entire range of services for commercial and VIP/special mission aircraft, engines, components and landing gear in the areas of digital fleet support, maintenance, repair, overhaul, modification, completion and conversion as well as the manufacture of innovative cabin products. About Icertis With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what's possible with contract lifecycle management (CLM). The 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. Today, the world's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million+ contracts worth more than $1 trillion in 40+ languages and 90+ countries. Media Contacts

Icertis Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Icertis Rank

  • When was Icertis founded?

    Icertis was founded in 2009.

  • Where is Icertis's headquarters?

    Icertis's headquarters is located at 14711 NE 29th Place, Bellevue.

  • What is Icertis's latest funding round?

    Icertis's latest funding round is Corporate Minority.

  • How much did Icertis raise?

    Icertis raised a total of $371.5M.

  • Who are the investors of Icertis?

    Investors of Icertis include SAP, SoftBank Group, Greycroft, B Capital Group, Meritech Capital Partners and 9 more.

  • Who are Icertis's competitors?

    Competitors of Icertis include Pergamin, Hyperlex, Rivet, Arteria AI, Evisort, SirionLabs, Reveleer, App Orchid, LinkSquares, Apervita and 21 more.

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