Ironclad vs Relativity
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
Neck and neck — Ironclad ($3.2B) and Relativity ($3.6B) are valued within 20% of each other.
Head-to-Head Verdict
Ironclad
1 win
Relativity
3 wins
Key Numbers
🇺🇸 United States · Jason Boehmig
Valuation
$3.2B
Total Funding
$333M
400 employees
🇺🇸 United States · Andrew Sieja
Valuation
$3.6B
Total Funding
N/A
1750 employees
This is a head-to-head contest: both operate in AI Legal and share a home market in United States. Different stages (Series E vs Private) mean these companies face fundamentally different operational priorities.
Analyst Summary
Built from real data · Updated April 2026
Companies
In the AI Legal market, Ironclad and Relativity represent two distinct approaches. 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.
Funding & Valuation
The two trade at comparable valuations — Relativity at $3.6B versus Ironclad at $3.2B. Ironclad has raised $333M in disclosed funding.
Growth Stage
Relativity (est. 2001) predates Ironclad (est. 2014) by 13 years, a significant head start in building market presence. Growth stages differ: Ironclad (Series E) versus Relativity (Private), a distinction that matters for both deal structure and competitive positioning. Headcount tells a story too: Ironclad has 400 employees and Relativity has 1750.
Geography & Outlook
Both companies are headquartered in 🇺🇸 United States, competing for the same regional talent pool and customer base. On Awaira's 0-100 scale, the gap is minimal — Ironclad scores 80 and Relativity scores 75. Under Jason Boehmig and Andrew Sieja respectively, both companies continue to chart aggressive growth paths.
Funding Velocity
Ironclad
Relativity
Funding History
Ironclad has completed 5 funding rounds, while Relativity has gone through 1. Ironclad's most recent round was a Series E of $118M, compared to Relativity's Series A ($50M). Ironclad is at Series E while Relativity is at Private — different points in their growth trajectory.
Team & Scale
Relativity has the bigger team at roughly 1750 people — 4x the size of Ironclad's 400. Relativity has a 13-year head start, founded in 2001 vs Ironclad's 2014. Both are based in United States.
Metrics Comparison
| Metric | Ironclad | Relativity |
|---|---|---|
💰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
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
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
Series D
Apr 2021
Lead: Accel
Series C
Sep 2020
Lead: Accel
Series B
Jan 2019
Lead: Andreessen Horowitz
Series A
Jan 2018
Lead: Andreessen Horowitz
Relativity
Series A
Jan 2008
Lead: Thoma Bravo
Investor Comparison
No shared investors detected between these two companies.
Unique to Ironclad
Unique to Relativity
Users Also Compare
Explore Further
FAQ — Ironclad vs Relativity
Is Ironclad bigger than Relativity?▾
Which company raised more funding — Ironclad or Relativity?▾
Which company has a higher Awaira Score?▾
Who founded Ironclad vs Relativity?▾
What does Ironclad do vs Relativity?▾
Which company was founded first?▾
Which company has more employees?▾
Are Ironclad and Relativity competitors?▾
Bottom Line
It's close. Both Ironclad and Relativity are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.
Who Should You Watch?
This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.