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Overall Winner: Ironclad·80/ 100

Everlaw vs Ironclad

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Two AI Legal companies going head to head.

Head-to-Head Verdict

Everlaw leads on 3 of 5 metrics

Everlaw

3 wins

-Valuation
+Funding
-Awaira Score
+Team Size
+Experience

Ironclad

2 wins

+Valuation
-Funding
+Awaira Score
-Team Size
-Experience
Everlaw logo
Everlaw

🇺🇸 United States · AJ Shankar

Series DAI LegalEst. 2010

Valuation

$2B

Total Funding

$517M

Awaira Score71/100

525 employees

Full Everlaw Profile →
Winner
Ironclad logo
Ironclad

🇺🇸 United States · Jason Boehmig

Series EAI LegalEst. 2014

Valuation

$3.2B

Total Funding

$333M

Awaira Score80/100

400 employees

Full Ironclad Profile →
Market Context

Everlaw and Ironclad are both AI Legal companies based in United States, making this a direct domestic rivalry. The stage gap — Everlaw at Series D vs Ironclad at Series E — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

The AI Legal sector features both Everlaw and Ironclad as key players. Everlaw is an AI-powered legal technology platform founded in 2010 that specializes in e-discovery, document review, and litigation support. Ironclad is a legal AI platform founded in 2014 that specializes in contract management and analysis.

Valuations are in a similar range: Ironclad at $3.2B and Everlaw at $2B. Funding totals are closer: Everlaw at $517M compared to Ironclad's $333M.

Everlaw was founded in 2010, 4 years before Ironclad arrived in 2014. Everlaw is at Series D while Ironclad stands at Series E, indicating different levels of maturity and investor risk. On headcount, Everlaw reports 525 employees and Ironclad reports 400.

Headquartered in 🇺🇸 United States, both Everlaw and Ironclad draw from the same local ecosystem of talent and capital. The Awaira Score gives Ironclad (80) a notable lead over Everlaw (71). Everlaw, led by AJ Shankar, and Ironclad, led by Jason Boehmig, each bring distinct leadership visions to the AI sector.

Key Numbers

Valuation
$2B
$3.2B
Total Funding
$517M
$333M
Awaira Score
71/100
80/100
Employees
525
400
Founded
2010
2014
Stage
Series D
Series E
EverlawIronclad

Funding Velocity

Everlaw

Total Rounds3
Avg. Round SizeN/A
Funding Span6 yrs

Ironclad

Total Rounds5
Avg. Round Size$66.6M
Funding Span4.2 yrs

Funding History

Everlaw has completed 3 funding rounds, while Ironclad has gone through 5. Everlaw's most recent round was a Series C, compared to Ironclad's Series E ($118M). Everlaw is at Series D while Ironclad is at Series E — different points in their growth trajectory.

Team & Scale

Team sizes are in the same ballpark: Everlaw has about 525 people and Ironclad has around 400. Everlaw has a 4-year head start, founded in 2010 vs Ironclad's 2014. Both are based in United States.

Metrics Comparison

MetricEverlawIronclad
💰Valuation
$2B
$3.2BWINS
📈Total Funding
$517MWINS
$333M
📅Founded
2010
2014WINS
🚀Stage
Series D
Series E
👥Employees
525
400
🌍Country
United States
United States
🏷️Category
AI Legal
AI Legal
Awaira Score
71
80WINS

Key Differences

💰

Valuation gap: Ironclad is valued 1.6x higher ($3.2B vs $2B)

📈

Funding gap: Everlaw has raised $184M more ($517M vs $333M)

📅

Market experience: Everlaw has 4 years more (founded 2010 vs 2014)

🚀

Growth stage: Everlaw is at Series D vs Ironclad at Series E

👥

Team size: Everlaw has 525 employees vs Ironclad's 400

⚔️

Direct competitors: Both operate in the AI Legal market segment

Awaira Score: Ironclad scores 80/100 vs Everlaw's 71/100

Which Should You Choose?

Use these signals to make the right call

Everlaw logo

Choose Everlaw if…

  • Stronger investor backing — raised $517M
  • More market experience — founded in 2010
  • Everlaw is an AI-powered legal technology platform founded in 2010 that specializes in e-discovery, document review, and litigation support
Ironclad logo

Choose Ironclad if…

Top Pick
  • Higher Awaira Score — 80/100 vs 71/100
  • More established by valuation ($3.2B)
  • Ironclad is a legal AI platform founded in 2014 that specializes in contract management and analysis

Funding History

Everlaw raised $517M across 3 rounds. Ironclad raised $333M across 5 rounds.

Everlaw

Series C

Jan 2018

Series B

Jan 2014

Series A

Jan 2012

Ironclad

Series E

Mar 2022

Lead: Accel

$118M

Series D

Apr 2021

Lead: Accel

$100M

Series C

Sep 2020

Lead: Accel

$65M

Series B

Jan 2019

Lead: Andreessen Horowitz

$30M

Series A

Jan 2018

Lead: Andreessen Horowitz

$20M

Investor Comparison

No shared investors detected between these two companies.

Unique to Ironclad

AccelSequoia CapitalSalesforce VenturesCoatueNotion CapitalAndreessen Horowitz

Users Also Compare

FAQ — Everlaw vs Ironclad

Is Everlaw bigger than Ironclad?
By valuation, Ironclad is the larger company at $3.2B versus $2B — a 1.6x difference. Size can also be measured by team: Everlaw employs 525 people while Ironclad has 400 employees.
Which company raised more funding — Everlaw or Ironclad?
Everlaw has raised more in total funding at $517M, compared to Ironclad's $333M — a gap of $184M. Combined, the two companies have completed 8 known funding rounds.
Which company has a higher Awaira Score?
Ironclad leads with an Awaira Score of 80/100, while Everlaw sits at 71/100. That 9-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Everlaw vs Ironclad?
Everlaw was founded by AJ Shankar in 2010. Ironclad was founded by Jason Boehmig in 2014. Visit each company's profile on Awaira for a full founder biography.
What does Everlaw do vs Ironclad?
Everlaw: Everlaw is an AI-powered legal technology platform founded in 2010 that specializes in e-discovery, document review, and litigation support. The company provides software solutions that use artificial intelligence and machine learning to help legal teams manage large volumes of documents, identify relevant evidence, and streamline the discovery process in litigation and investigations. Everlaw's platform enables lawyers to conduct predictive coding, automated categorization, and advanced search across complex document repositories, reducing time and costs associated with traditional manual review. The company serves law firms, corporate legal departments, and government agencies handling complex litigation matters. Everlaw has achieved a $2.0 billion valuation following $517 million in total funding through Series D stage, positioning it as a significant player in the legal AI sector. The platform competes with established e-discovery providers and emerging legal tech companies offering AI-driven document analysis. Everlaw's growth trajectory reflects increasing demand for AI solutions in legal services, particularly as litigation volumes grow and cost pressures mount on legal departments. The company's focus on accessibility and user experience has contributed to its market traction among both large enterprises and mid-market legal organizations. Its continued funding rounds support product development and market expansion. Everlaw combines enterprise-grade e-discovery capabilities with accessible AI-driven document intelligence for diverse legal market segments. 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 across organizations. The platform serves enterprise customers across multiple industries including financial services, technology, and healthcare, helping legal teams reduce time spent on routine contract tasks. Ironclad has raised $333M in total funding and achieved a valuation of $3.2B, positioning it as a significant player in the legal tech space. The company operates at Series E stage, indicating substantial market validation and revenue generation. Ironclad competes with other contract management solutions and legal AI platforms, though it has differentiated itself through focus on enterprise-grade AI capabilities. The legal AI category has expanded significantly as organizations seek to optimize contract operations and reduce legal department bottlenecks. Ironclad's funding trajectory and valuation reflect growing market demand for AI-powered legal solutions. The company continues expanding its product capabilities and customer base as the legal tech sector matures and enterprises increasingly adopt automated contract workflows. Ironclad combines AI-powered contract analysis with enterprise workflow automation, addressing a core pain point in legal operations at scale.
Which company was founded first?
Everlaw got there first, launching in 2010 — that's 4 years of extra runway. Ironclad didn't arrive until 2014. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Everlaw has about 525 employees; Ironclad has about 400. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Everlaw and Ironclad competitors?
Yes — they're direct rivals. Both Everlaw and Ironclad compete in AI Legal, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Ironclad edges ahead with an Awaira Score of 80, but Everlaw (71) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Ironclad has a slight edge on paper, but Everlaw isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive