Insights

Growing Market Share With a recent Series B extension of 8 million dollars led by Qualcomm Ventures and a total funding of 54 million dollars, SpotDraft demonstrates strong investor confidence and expanding financial capacity, indicating potential for scaling sales efforts within enterprise legal and contract management markets.

Enterprise Adoption SpotDraft's target clients include organizations with legal, sales, procurement, HR, finance, and operations teams, training their platform for complex, high-pressure environments—presenting opportunities to target large enterprises seeking integrated contract lifecycle management solutions.

Innovation and AI Leadership The company’s use of privacy-centric, on-device AI technology validated at Qualcomm's Snapdragon Summit suggests a competitive edge that appeals to security-conscious organizations in highly regulated industries likely to invest in secure, AI-powered contract tools.

Market Penetration Potential Given similarities with players like DocuSign and LinkSquares, and a revenue range between 25 and 50 million dollars, SpotDraft has clear growth avenues in the fast-expanding contract management sector, offering prospects to target mid-sized to large enterprises looking to enhance efficiency and collaboration.

Strategic Partnerships Participation in high-profile industry events like Snapdragon Summit and recent executive hires signal a focus on strategic alliances and leadership strengthening, creating sales opportunities through expanding brand visibility and fostering relationships with technology partners and enterprise clients.

SpotDraft Tech Stack

SpotDraft uses 8 technology products and services including Pendo, Microsoft Clarity, iCIMS, and more. Explore SpotDraft's tech stack below.

  • Pendo
    Analytics
  • Microsoft Clarity
    Analytics
  • iCIMS
    Applicant Tracking Systems
  • Metabase
    Business Intelligence
  • CrewAI
    Generative Ai
  • Underscore.js
    Javascript Libraries
  • Piwik
    System Analytics & Monitoring
  • Gatsby
    Web Frameworks

Media & News

SpotDraft's Email Address Formats

SpotDraft uses at least 1 format(s):
SpotDraft Email FormatsExamplePercentage
First@spotdraft.comJohn@spotdraft.com
83%
First.Last@spotdraft.comJohn.Doe@spotdraft.com
13%
First.L@spotdraft.comJohn.D@spotdraft.com
3%
Last@spotdraft.comDoe@spotdraft.com
1%

Frequently Asked Questions

Where is SpotDraft's headquarters located?

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SpotDraft's main headquarters is located at New York United States. The company has employees across 5 continents, including AsiaNorth AmericaEurope.

What is SpotDraft's official website and social media links?

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SpotDraft's official website is spotdraft.com and has social profiles on LinkedInCrunchbase.

What is SpotDraft's NAICS code?

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SpotDraft's NAICS code is 5112 - Software Publishers.

How many employees does SpotDraft have currently?

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As of May 2026, SpotDraft has approximately 360 employees across 5 continents, including AsiaNorth AmericaEurope. Key team members include Ceo: S. B.Chief Of Staff (ceo): R. N.Chief Of Staff, Sales: N. S.. Explore SpotDraft's employee directory with LeadIQ.

What industry does SpotDraft belong to?

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SpotDraft operates in the Software Development industry.

What technology does SpotDraft use?

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SpotDraft's tech stack includes PendoMicrosoft ClarityiCIMSMetabaseCrewAIUnderscore.jsPiwikGatsby.

What is SpotDraft's email format?

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SpotDraft's email format typically follows the pattern of First@spotdraft.com. Find more SpotDraft email formats with LeadIQ.

How much funding has SpotDraft raised to date?

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As of May 2026, SpotDraft has raised $54M in funding. The last funding round occurred on Feb 12, 2025 for $54M.

When was SpotDraft founded?

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SpotDraft was founded in 2017.

SpotDraft

Software DevelopmentNew York, United States201-500 Employees

SpotDraft develops an AI-powered contract lifecycle management platform designed to reduce contract friction and support business progress. The platform assists with drafting and reviewing contracts, surfaces key clauses, and enables collaboration across legal, sales, procurement, HR, finance, and operations.

Based in New York, United States, the company was founded by Madhav Bhagat and Shashank Bijapur, drawing on both legal and software engineering backgrounds. It positions itself in the software development and legal tech space as a tool that preserves human judgment while speeding up workflows and managing risk. A recent development highlighted in industry coverage is its showcase at the Snapdragon Summit 2025, demonstrating on-device contract review on Snapdragon X Elite laptops without cloud connectivity, underscoring a privacy-first AI approach for enterprise legal operations.

Section iconCompany Overview

Headquarters
New York United States
NAICS Code
5112 - Software Publishers
Founded
2017
Employees
201-500

Section iconFunding & Financials

  • $54M

    SpotDraft has raised a total of $54M of funding over 6 rounds. Their latest funding round was raised on Feb 12, 2025 in the amount of $54M.

  • $25M$50M

    SpotDraft's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $54M

    SpotDraft has raised a total of $54M of funding over 6 rounds. Their latest funding round was raised on Feb 12, 2025 in the amount of $54M.

  • $25M$50M

    SpotDraft's revenue is estimated to be in the range of $25M$50M

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