Search company, investor...

Founded Year

2014

Stage

Series E | Alive

Total Raised

$331.12M

Valuation

$0000 

Last Raised

$150M | 2 yrs ago

Revenue

$0000 

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

+20 points in the past 30 days

About Ironclad

Ironclad provides a contract lifecycle management (CLM) platform. It offers digital contracting for legal teams, allowing financial control over contract data, analysis, and reporting. It also helps to control, manage, close deals, and more. The company was founded in 2014 and is based in San Francisco, California.

Headquarters Location

71 Stevenson Street Suite 600

San Francisco, California, 94105,

United States

916-445-1254

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

ESPs containing Ironclad

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

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The contract lifecycle management (CLM) market is a space that involves the management of contracts from creation to renewal or termination. CLM solutions help organizations to streamline and automate the contract process, from drafting and negotiation to signature and compliance. The market has seen significant growth in recent years, driven by the increasing complexity of contracts, the need for…

Ironclad named as Leader among 15 other companies, including Icertis, Ivalua, and Conga.

You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together.
Click Now. Join a live demo
Join a demo

Expert Collections containing Ironclad

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

Ironclad is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,227 items

F

Future Unicorns 2019

50 items

Ironclad Patents

Ironclad has filed 9 patents.

The 3 most popular patent topics include:

  • Cryptography
  • Block ciphers
  • Computer network security
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/27/2022

2/28/2023

Grant

Application Date

4/27/2022

Grant Date

2/28/2023

Title

Related Topics

Status

Grant

Latest Ironclad News

Introducing Ironclad Contract AI, A Paradigm Shift for Contract Analysis

Sep 7, 2023

News provided by Share this article Share toX Also known as Ironclad CAI, the product allows teams across the organization to generate complex contract analysis and data visualizations using an AI-powered chat interface SAN FRANCISCO, Sept. 7, 2023 /PRNewswire/ -- Today, Ironclad , the leading digital contracting platform for modern legal teams, announced the beta launch of Ironclad Contract AI  (CAI), a first-of-its-kind product that allows users to complete complex contract analysis across their contract database through an easy-to-use chat interface. The product introduces to the market the use of AI agents to handle complex multi-step analyses by breaking down tasks into subtasks, completing those subtasks, and then evaluating the results to inform the next set of tasks, and is the only legal product that allows users to see the exact steps it took to come to a certain conclusion. "Ironclad Contract AI is a quantum leap for contracts," said Ironclad CEO and co-founder Jason Boehmig. "The most legal chatbots have been able to do is return a raw list of results, which still require in-depth analysis by a lawyer. CAI is able to comb through a corpus of contracts and actually do the reasoning required to answer almost any contract-related question—showing you the steps it took to reach that conclusion—and handing that analysis back to your legal team. Where most generative AI is a black box, CAI is an open book." Ironclad CAI helps teams in any organization locate and analyze contracts faster by simply describing the contracts needed or asking questions—without needing filters, advanced keyword logic, or even training. Fully integrated with Ironclad's full stack analytics platform, Insights, CAI generates charts to visualize data for relevant questions. Users are granted almost unlimited flexibility in the types of questions they can ask, for example: "I feel like my workload is bigger than normal. Have I been working on more contract workflows recently?" "What contracts are my sales team on track to close this quarter?" "Have we ever agreed to unlimited liability?" "Contract analysts can spend months reading and analyzing contracts. It's really important work, but also incredibly time consuming," said Ironclad co-founder and Chief Architect, Cai GoGwilt. "CAI can handle very standard questions, like identifying the total value of contracts in a certain jurisdiction, but can also answer the tough, more creative contracting questions in a matter of minutes—in many cases providing answers you may have thought were not possible. For instance, our team asked CAI to justify a pay raise—and it was able to not only comprehend the question, but deliver a compelling argument based on contract turnaround times, TCV metrics, number of contract terms, and more." Click here  to learn more about Ironclad CAI. Introducing Rivet: an open-source visual programming environment for building with generative AI Ironclad also announced the launch of Rivet , a collaborative, open-source visual programming environment for building generative AI products—which was built, in part, to expedite the development of Ironclad CAI and enable step-by-step visibility into its process and analysis within the tool. Rivet allows developers to visualize and collaborate on building complex chains of logic, test and iterate on those products, and display the execution of the chain in real-time—all in a fully remote environment. Today, Ironclad has made Rivet available to the public, after beta testing the tool for five months with partners like AssemblyAI , Attentive , Bento , Willow , and Sourcegraph . "Rivet's visual programming environment is a game changer," said Todd Berman, CTO of SMS marketing platform Attentive. "The visual nature of the tool, paired with how collaborative it is, allows us to create complex chains for AI agents in drastically less time than it would take in other environments. It completely opens up the black box on complex prompting – we've tried other graph-based prompt tools, and they don't hold a candle to Rivet. It's the best tool out there." To learn more about Rivet, please visit rivet.ironcladapp.com . New AI features for seamless contract upload and rigorous data extraction Ironclad today also announced a number of new AI features, product updates and upcoming releases focused on uploading contracts to the repository quickly and easily, and extracting more data from those contracts. These improvements include: Import contracts via email: simply forward contracts via email to a designated email address and Ironclad's AI-powered Smart Import will automatically tag, index, and store those contracts in the repository. Extract data from legacy contracts: users will be able to tag and extract metadata from contracts that were uploaded to the repository without Smart Import. Automatically identify discrepancies between metadata and contracts: Ironclad AI will detect whether metadata needs to be updated to reflect changes to a contract, whether from you or your counterparty. Users no longer need to manually track and compare metadata to contract text, so your process can be faster than ever. With responsible use being a tentpole of Ironclad's AI strategy, the company has developed an industry-leading security framework for its AI solutions, focusing on data governance, sophisticated user access management and advanced data encryption to enable the privacy and security infrastructure that modern organizations require. Click here to learn more about Ironclad's approach on secure AI development. About Ironclad Ironclad is the #1 contract lifecycle management platform for innovative companies, powering billions of contracts every year. L'Oréal, Salesforce, OpenAI and other leading innovators use Ironclad to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. It's the only platform flexible enough to handle every type of contract workflow, whether a sales agreement, an HR agreement or a complex NDA. In April Ironclad was named to the Forbes AI 50 2023 list , and was named a Top Company to Bet Your Career On by Business Insider in 2023. The company is backed by leading investors like Accel, Sequoia, Y Combinator, and BOND. For more information, visit www.ironcladapp.com or follow us on LinkedIn and Twitter . Media Contact:

Ironclad Frequently Asked Questions (FAQ)

  • When was Ironclad founded?

    Ironclad was founded in 2014.

  • Where is Ironclad's headquarters?

    Ironclad's headquarters is located at 71 Stevenson Street, San Francisco.

  • What is Ironclad's latest funding round?

    Ironclad's latest funding round is Series E.

  • How much did Ironclad raise?

    Ironclad raised a total of $331.12M.

  • Who are the investors of Ironclad?

    Investors of Ironclad include Y Combinator, Accel, Sequoia Capital, Lux Capital, Emergence Capital and 11 more.

  • Who are Ironclad's competitors?

    Competitors of Ironclad include ContractPodAi, Docugami, SpotDraft, Contract Safe, Googdlegal, Summize, Evisort, LinkSquares, Juro, Bounsel and 20 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare Ironclad to Competitors

Juro Logo
Juro

Juro is a contract automation platform. It allows legal and business teams to execute and monitor contracts from one unified workspace. It offers contract creation and e-signing capabilities while also enabling a newer set of features powered by machine learning techniques such as negotiation heatmaps and contract analytics to help users identify recurring sticking points in contract negotiations. The company was formerly known as TERMSCLOUD. It was founded in 2016 and is based in London, United Kingdom.

Icertis Logo
Icertis

Icertis operates as a cloud-based enterprise contract management platform. It 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. The company was founded in 2009 and is based in Bellevue, Washington.

ContractPodAi Logo
ContractPodAi

ContractPodAi offers an end-to-end solution offering contract management services including contract generation, contract repository, and third-party review. Its contract management software provides advanced contract lifecycle management solutions. The company was founded in 2012 and is based in London, United Kingdom.

SirionLabs Logo
SirionLabs

SirionLabs provides contract lifecycle management solutions. The company offers a configurable smarter contracting platform to bring legal, procurement, sales, and business teams together to author stronger contracts, improve risk management, and strengthen counterparty relationships. The company was founded in 2012 and is based in Bellevue, Washington.

LinkSquares Logo
LinkSquares

LinkSquares provides artificial intelligence contract analytics software designed to help legal and finance teams. It offers solutions such as crisis management, contract review, contract storage, data privacy and compliance, deal acceleration, and more. The company was founded in 2015 and is based in Boston, Massachusetts.

Agiloft Logo
Agiloft

Agiloft offers enterprise software for contract management, service desk, and custom workflows.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.