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Ironclad

Enterprise Software
Ironclad is a San Francisco-based contract lifecycle management company providing software that helps businesses create, negotiate, sign, and manage contracts, with particular strength among fast-growing technology companies.
$1.44B
+$0.87
556.51%
30 days ago
$0.16
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Ironclad was founded in 2014 by Jason Boehmig and Cai GoGwilt, with Boehmig previously working as a corporate attorney who experienced firsthand how much manual, repetitive work traditional contract processes required, particularly at growing companies that needed to execute large volumes of relatively standardized contracts, such as sales agreements, non-disclosure agreements, and vendor contracts, using processes still often built around emailing Word documents back and forth for review and manual redlining, a workflow that scales poorly as a company's contract volume grows. Ironclad's platform provides tools for building digital contract workflows, letting legal and business teams create templated contracts with pre-approved language and configurable variables that other parts of the business, such as sales teams generating standard customer contracts, can use to quickly generate properly formatted contracts without needing to involve the legal team in reviewing every single routine agreement individually, while more complex or non-standard contracts can be routed through appropriate review and negotiation workflows. The company has built particular strength among fast-growing technology and venture-backed companies, whose rapid growth often creates contract volume that quickly outpaces what a typically lean in-house legal team can handle using traditional manual contract review processes, making Ironclad's workflow automation and self-service contract generation capabilities particularly valuable for scaling legal operations efficiently as a company grows. Ironclad has expanded its platform to include AI-assisted contract review and negotiation features, using AI to help identify unusual or risky contract language and suggest appropriate redlines or responses more quickly than manual attorney review alone. The company's customers span technology companies and other businesses seeking to modernize and scale their contract management processes beyond manual, email-based workflows. Ironclad has raised substantial venture funding from investors including Accel, Y Combinator, and Sequoia Capital, reaching a valuation exceeding $3.2 billion, competing with other contract lifecycle management platforms including DocuSign CLM and Icertis.
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