Ironclad
Everything you need to know about Ironclad — from their $333M in funding to who's backing them.
Awaira Score
Out of 100
HQ
United States
Founded
2014
Raised
$333M
Stage
Series E
Team
400
About Ironclad
Ironclad is a legal AI platform founded in 2014 that specializes in contract management and analysis. The company develops software designed to automate contract review, negotiation, and lifecycle management using artificial intelligence and machine learning. Ironclad's core technology focuses on natural language processing to extract key terms, identify risks, and accelerate contract workflows…
Key Facts
- Ironclad is valued at $3.2B as of March 2026.
- Ironclad has raised a total of $333M in disclosed funding across 5 funding rounds.
- Ironclad was founded in 2014 by Jason Boehmig and is headquartered in United States.
- Ironclad employs approximately 400 people.
- Ironclad operates in the AI Legal category and is currently at the Series E stage.
- Ironclad has an Awaira Score of 80/100, ranking it among the highly notable AI companies on Awaira.
- Ironclad's most recent funding round was a Series E of $118M closed in March 2022, led by Accel.
Source: Awaira · Updated Mar 15, 2026
Valuation
$3.2B
Post-money
Total Raised
$333M
All rounds
Awaira Score
80/100
Founded
2014
400 employees
Strengths & Risks
Strengths
Unicorn status with $3.2B valuation
Elite Awaira Score of 80/100
Growing team of 400 employees
Analysis based on publicly available data. Not investment advice.
Funding Velocity
5
Total Rounds
$66.6M
Avg Round Size
4.3yr
Funding Span
Ironclad raised 5 rounds over 4.3 years, averaging $66.6M per round — a pace of roughly one round every 10 months.
Awaira estimate based on public data. Not financial advice.
How does Ironclad stack up against competitors?
Competitor Comparison
| Metric | ★Ironclad | Harvey AI | Relativity | Casetext |
|---|---|---|---|---|
| Awaira Score | 80/100 | 78/100 | 75/100 | 75/100 |
| Total Raised | $333M | $806M | N/A | $64M |
| Valuation | $3.2B | $8B | $3.6B | $650M |
| Stage | Series E | Series F | Private | Acquired |
| Founded | 2014 | 2022 | 2001 | 2013 |
| Employees | 400 | 200 | 1750 | 120 |
| Country | 🇺🇸 | 🇺🇸 | 🇺🇸 | 🇺🇸 |
Investors in Ironclad
Funding Rounds
InactiveLed by Accel
$118M
Mar 2022
Led by Accel
$100M
Apr 2021
Led by Accel
$65M
Sep 2020
Led by Andreessen Horowitz
$30M
Jan 2019
Led by Andreessen Horowitz
$20M
Jan 2018
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