S
Awaira Score
63
Out of 100
Valuation
N/A
Post-money
Total Raised
$26M
All rounds
Awaira Score
63/100
Founded
2017
100-500 employees
What They Build
March 2026SpotDraft is a contract intelligence platform that uses AI to accelerate contract drafting, review, negotiation, and management for legal and business teams, offering a clause library, contract templates, automated redlining, and a centralized contract repository with AI-powered search and analytics. The platform is designed to reduce the time legal teams spend on routine contract tasks by automat…
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StageSeries B
Employees100-500
Country🇮🇳 India
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Funding Rounds
Series B · No public funding round data available yet.
Founded Same Year (2017)
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View all alternatives to SpotDraft →Frequently Asked Questions
What is SpotDraft's valuation?▾
SpotDraft's valuation is not publicly disclosed.
Who invested in SpotDraft?▾
Investor information for SpotDraft is not publicly available at this time.
When did SpotDraft last raise funding?▾
No public funding round data is currently available for SpotDraft.
How many employees does SpotDraft have?▾
SpotDraft has approximately 100-500 employees.
What does SpotDraft do?▾
SpotDraft is a contract intelligence platform that uses AI to accelerate contract drafting, review, negotiation, and management for legal and business teams, offering a clause library, contract templates, automated redlining, and a centralized contract repository with AI-powered search and analytics. The platform is designed to reduce the time legal teams spend on routine contract tasks by automating first-draft generation and flagging non-standard clauses during review.\n\nThe company raised approximately $26M in Series B funding from investors including Tiger Global and 8VC, and has built a customer base spanning technology companies, financial services firms, and enterprises in India and the United States. SpotDraft's VerifAI feature uses LLMs to analyze contracts against playbooks and flag deviations for legal team review.\n\nContract management is a high-frequency legal workflow that is well-suited to AI augmentation, and SpotDraft's dual focus on the Indian and US markets gives it exposure to two of the fastest-growing legal technology spending environments. The company's playbook-driven review approach addresses a recurring enterprise pain point — ensuring contract compliance at scale without proportionally increasing legal team headcount.