SpotDraft
AI-native contract lifecycle management (CLM) platform for in-house legal teams, covering AI-assisted redlining, e-signatures, an intelligent contract repository, third-party paper and clickwrap agreements. Founded 2017 as Draftspotting Technologies Pvt Ltd (CIN registered in Gurugram, Haryana), by Shashank Bijapur (Harvard Law, ex-White & Case) and Madhav Bhagat (Carnegie Mellon, ex-Microsoft/Google). Note on sources: some secondary aggregator profiles (Crunchbase-linked summaries) also list…
SpotDraft: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 26 Jan 2026 | Series B | $8M Series B Extension | Qualcomm Ventures Arkam Ventures Prosus Ventures Trident Growth Partners Vertex Growth Singapore Xeed VC | source |
| 12 Feb 2025 | Series B | $54M Series B | Trident Growth Partners Vertex Growth Singapore Arkam Ventures Premji Invest Prosus Ventures Xeed VC | source |
| 2 Mar 2023 | Series A | $26M Series A | Premji Invest 021 Capital 100X Entrepreneur Fund Arkam Ventures Prosus Ventures Riverwalk Fund | source |
| 25 Oct 2017 | Seed | $550K Seed | Hunch Ventures 500 Startups Satyen Kothari Singapore Angel Network Spiral Ventures | source |
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Who founded SpotDraft?
SpotDraft was founded by Shashank Bijapur, Madhav Bhagat in 2017.
How much funding has SpotDraft raised?
SpotDraft has raised $88.55 Mn across 4 tracked funding round(s), most recently on 2026-01-26. Figures are compiled from cited public sources.
Who are the investors in SpotDraft?
Investors in SpotDraft include Qualcomm Ventures, Arkam Ventures, Prosus Ventures, Trident Growth Partners, Vertex Growth Singapore, Xeed VC, Premji Invest, 021 Capital.
What does SpotDraft do?
AI-native contract lifecycle management (CLM) platform for in-house legal teams, covering AI-assisted redlining, e-signatures, an intelligent contract repository, third-party paper and clickwrap agreements. Founded 2017 as Draftspotting Technologies Pvt Ltd (CIN registered in Gurugram, Haryana), by Shashank Bijapur (Harvard Law, ex-White & Case) and Madhav…
Where is SpotDraft headquartered?
SpotDraft is headquartered in Bengaluru, Karnataka, India.
What is SpotDraft's business model?
SpotDraft's core value proposition centers on AI-native CLM without giving up control, Fast time-to-value, Agility versus legacy enterprise CLM incumbents.
How does SpotDraft make money?
SpotDraft's cited revenue streams include Custom-quoted subscription (seat- or volume-based).