Overall Winner: Ironclad·80/ 100

Ironclad vs Relativity

In-depth comparison — valuation, funding, investors, founders & more

Winner
I
Ironclad

🇺🇸 United States · Jason Boehmig

Series EAI LegalEst. 2014

Valuation

$3.2B

Total Funding

$333M

80
Awaira Score80/100

400 employees

Full Ironclad Profile →
R
Relativity

🇺🇸 United States · Andrew Sieja

PrivateAI LegalEst. 2001

Valuation

$3.6B

Total Funding

N/A

75
Awaira Score75/100

1750 employees

Full Relativity Profile →
🔬

Analyst Summary

Generated from real data · No AI hallucinations

Both Ironclad and Relativity compete directly in the AI Legal space, making this a head-to-head matchup within the same market segment. Ironclad is a legal AI platform founded in 2014 that specializes in contract management and analysis. Relativity is a cloud-based legal technology platform founded in 2001 that provides software solutions for legal discovery, case management, and document review.

Relativity ($3.6B) is valued slightly higher than Ironclad ($3.2B). Ironclad has raised $333M in disclosed funding.

Relativity has 13 years more market experience, having been founded in 2001 compared to Ironclad's 2014 founding. In terms of growth stage, Ironclad is at Series E while Relativity is at Private — a meaningful difference for investors evaluating risk and upside.

Both companies are headquartered in 🇺🇸 United States, competing for the same regional talent and customer base. On Awaira's 0–100 composite score, both companies are closely matched — Ironclad scores 80 and Relativity scores 75.

Metrics Comparison

MetricIroncladRelativity
💰Valuation
$3.2B
$3.6BWINS
📈Total Funding
$333M
N/A
📅Founded
2014WINS
2001
🚀Stage
Series E
Private
👥Employees
400
1750
🌍Country
United States
United States
🏷️Category
AI Legal
AI Legal
Awaira Score
80WINS
75

Key Differences

💰

Valuation gap: Relativity is valued 1.1x higher ($3.6B vs $3.2B)

📅

Market experience: Relativity has 13 years more (founded 2001 vs 2014)

🚀

Growth stage: Ironclad is at Series E vs Relativity at Private

👥

Team size: Ironclad has 400 employees vs Relativity's 1750

⚔️

Direct competitors: Both operate in the AI Legal market segment

Awaira Score: Ironclad scores 80/100 vs Relativity's 75/100

Which Should You Choose?

Use these signals to make the right call

I

Choose Ironclad if…

Top Pick
  • Higher Awaira Score — 80/100 vs 75/100
  • Stronger investor backing — raised $333M
  • Ironclad is a legal AI platform founded in 2014 that specializes in contract management and analysis
R

Choose Relativity if…

  • More established by valuation ($3.6B)
  • More market experience — founded in 2001
  • Relativity is a cloud-based legal technology platform founded in 2001 that provides software solutions for legal discovery, case management, and document review

Funding History

Ironclad raised $333M across 5 rounds. Relativity raised N/A across 1 round.

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

Relativity

Series A

Jan 2008

Lead: Thoma Bravo

$50M

Investor Comparison

No shared investors detected between these two companies.

Unique to Ironclad

AccelSequoia CapitalSalesforce VenturesCoatueNotion CapitalAndreessen Horowitz

Unique to Relativity

Thoma Bravo

Users Also Compare

FAQ — Ironclad vs Relativity

Is Ironclad bigger than Relativity?
By valuation, Relativity is the larger company at $3.6B versus $3.2B — a 1.1x difference. Size can also be measured by team: Ironclad employs 400 people while Relativity has 1750 employees.
Which company raised more funding — Ironclad or Relativity?
Ironclad has raised $333M in disclosed funding across 5 known rounds. Relativity's funding history is not publicly available.
Which company has a higher Awaira Score?
Ironclad holds the higher Awaira Score at 80/100, compared to Relativity's 75/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 5-point gap that reflects meaningful differences in scale or traction.
Who founded Ironclad vs Relativity?
Ironclad was founded by Jason Boehmig in 2014. Relativity was founded by Andrew Sieja in 2001. Visit each company's profile on Awaira for a full founder biography.
What does Ironclad do vs Relativity?
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. Relativity: Relativity is a cloud-based legal technology platform founded in 2001 that provides software solutions for legal discovery, case management, and document review. The company's core product, Relativity One, is a SaaS platform that enables law firms, corporations, and government agencies to manage large-scale document collections during litigation and investigations. The platform uses artificial intelligence and machine learning to automate document review, predict document relevance, and identify patterns across unstructured data. Relativity's RelativityAssist AI suite incorporates generative AI capabilities for legal workflows, including document summarization and contract analysis. The company serves major law firms, Fortune 500 companies, and government organizations globally. With a valuation of $3.6 billion as a private company, Relativity has established significant market presence in the legal tech sector. The platform processes billions of documents annually and handles complex eDiscovery workflows. Relativity competes against platforms like Everlaw, LexisNexis, and Thomson Reuters' legal solutions. The company has expanded beyond traditional eDiscovery into contract lifecycle management and legal operations. Growth has been driven by increasing demand for AI-assisted legal work and digital transformation in law departments. Relativity's ecosystem includes integrations with third-party applications and a developer community supporting customization and extension of platform capabilities. Relativity dominates the legal tech AI space by processing billions of documents annually through its cloud-native platform, making it essential infrastructure for large-scale legal operations.
Which company was founded first?
Relativity was founded first in 2001, giving it 13 years of additional market experience. Ironclad was founded later in 2014. In AI, even a year or two of head start can translate into significantly more training data, customer relationships, and institutional knowledge.
Which company has more employees?
Ironclad has approximately 400 employees, while Relativity has approximately 1750. A larger team often signals higher revenue or venture backing, but in AI, smaller teams are increasingly capable of building at scale.
Are Ironclad and Relativity competitors?
Yes, Ironclad and Relativity are direct competitors — both operate in the AI Legal space and likely target overlapping customer segments. This comparison is especially relevant for buyers evaluating both platforms.