Spotlight on: Icertis
HQ: Bellevue, WA
No. of Employees: 1,500
Institutional Investors:
- B Capital Group
- Greycroft
- Headline (San Francisco)
- Meritech Capital Partners
- Premji Invest
- PSP Partners
Twitter: @Icertis
URL: www.icertis.com/
Post Valuation: $2.98B
Summary: Developer of a contract intelligence platform designed to structure and connect every kind of contract. The company's platform uses artificial intelligence to read and analyze documents and third-party paper in order to provide authorized users with detailed risk reports, automatic obligations, as well as systematizes all types of contracts and associated documentation, enabling clients to increase compliance, improve governance, mitigate risk and enhance user productivity
e.ventures sold a stake in the company to an undisclosed buyer. Previously, the company raised $80.00 million of Series F venture
funding in a deal led by B Capital Group on March 11, 2021, putting the company's pre-money valuation at $2.9 billion. PSP Partners,
Greycroft, e.ventures, Meritech Capital Partners and Premji Invest also participated in the round. The company intends to use the fund
to invest in accelerating its AI and Blockchain development, expanding its sales and marketing footprint, and building out its global
partner network.
To learn more about Icertis, go to www.icertis.com/.
To nominate a startup to be featured, email Kristin Calve, Editor & Publisher, CCBJ, [email protected] and [email protected].
Source: Pitchbook, Jan 2022
Published February 1, 2022.
