Ironclad

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LegalTech?
Contract Management Tools?
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Contract management
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Ironclad is a leading provider of contract lifecycle management (CLM) software solutions. The company's platform enables businesses to create, manage, execute, and extract data-driven insights from various types of contracts. Ironclad's software utilizes a no-code Workflow Designer that allows users to customize approval workflows and handle complex contract variations at scale. The platform seamlessly integrates with existing tech stacks through APIs, ensuring a streamlined experience.

Ironclad's CLM solution offers several key features, including a browser-based DOCX-native editor, shared drafts, version tracking, commenting functionality, and AI-powered negotiation guidelines. These tools help companies streamline contract collaboration, reduce risks, and drive efficiencies. Ironclad's software is designed to be user-friendly, enabling widespread adoption across departments like legal, sales, procurement, and finance.

In April 2022, Ironclad announced a significant milestone, having powered over one billion contracts on its platform, with projections to process another one billion contracts within the same year. This accomplishment highlights Ironclad's ability to handle massive contract volumes, solidifying its position as a leading CLM provider in the digital age.

In April 2024, Ironclad secured a major partnership with Salesforce, the #1 AI CRM company. Ironclad's integration with Salesforce aims to streamline contracting processes, increase deal velocity, and provide valuable insights to Salesforce's legal, sales, and procurement teams.

Ironclad's customer base includes prominent companies across various industries, such as L'Oréal, Mastercard, Snap, Inc., and Demostack. These customers leverage Ironclad's platform to solve complex contracting challenges, manage high-volume contracts, and gain data-driven business insights.

Key customers and partnerships

Ironclad's customer base includes renowned companies like L'Oréal, Mastercard, Snap, Inc., and Demostack. Snap, Inc. utilizes Ironclad Clickwrap to handle massive volumes of commercial service agreements, reducing friction and speeding up high-volume contracting. Demostack, a company that enables revenue teams to create demo environments quickly, uses Ironclad CLM across the entire organization, including sales, finance, and procurement, allowing them to gain valuable business insights from the platform.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
71 Stevenson #600 San Francisco CA USA
Founded year:
2014
Employees:
251-500
IPO status:
Private
Total funding:
USD 334.0 mn
Last Funding:
USD 150.0 mn (Series E; Jan 2022)
Last valuation:
USD 3.2 bn (Jan 2022)
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