Ironclad

Ironclad, a prominent player in the End-to-end Contract Lifecycle Management (CLM) space, has been delivering cutting-edge solutions since its inception in 2014. With nearly a decade in the market, the company has made significant strides in transforming the legal landscape, particularly for in-house legal teams and large enterprises. By focusing on this segment of the legal market, Ironclad has enabled organizations to streamline their contract management processes, leading to increased efficiency and reduced risks.

Ironclad's technical capabilities are what set it apart from its competitors. The platform's robust artificial intelligence (AI) and machine learning (ML) algorithms offer a seamless experience in contract automation, review, and analysis, ensuring accuracy and compliance with various legal requirements. Ironclad's Digital Contracting Platform enables users to create, negotiate, and manage contracts with ease, while its customizable Workflow Designer allows for the creation of tailored workflows that can adapt to an organization's specific needs. The company's dedication to integration with other legal technology systems and popular enterprise tools further differentiates it from other CLM products in the market, making it a comprehensive and flexible solution for legal professionals seeking a more efficient way to manage contracts.

Ironclad’s end-to-end CLM solution consolidates all contract-related tasks into one platform, offering workflows, editing, AI-powered redlining, storage, reporting, and e-signatures—all designed for efficiency. It provides complete visibility with version control through a threaded view, allowing users to track every change in contract history without searching through emails. Additionally, Ironclad ensures contracts meet high security and compliance standards, integrating smoothly with existing tools to reduce risk and maintain legal compliance.

Funding Information:
Ironclad has raised a total of $334M in funding over 9 rounds. Their latest funding was raised on Jan 18, 2022 from a Series E round from Accel, Arrive, Bond, Emergence, Franklin Templeton, Haystack, Lux Capital, Sequoia Capital, and Y Combinator Continuity Fund.