Ironclad — Funding & Company Data
Financial overview and investor data for Ironclad.
Founded
2014
Stage
Late stage
Total Raised
$334.2M
HQ
San Francisco, California
Team
501-1000
Model
sales-led
Analyst Take
Ironclad's funding history demonstrates a consistent and impressive trajectory, attracting premier venture capital at each stage. The progression from a seed round to a $150 million Series E highlights sustained investor confidence in the company's vision and execution in the competitive contract lifecycle management (CLM) space. The caliber of investors, including Sequoia, Accel, BOND, and Franklin Templeton, is a strong signal of the company's market leadership and potential. These are not just financial backers; they are experienced partners known for guiding category-defining companies.
The valuation jump to $3.2 billion in the Series E round, a more than threefold increase from its previous round, underscores the high growth expectations for the CLM market and Ironclad's position within it. The fact that the Series E was a 100% insider round further signals deep conviction from existing investors. This level of funding provides a substantial competitive advantage, enabling Ironclad to invest heavily in R&D, particularly in AI, and to scale its go-to-market functions globally. For a potential user, this financial strength translates to a lower risk of the platform becoming unsupported and a higher likelihood of continued innovation and feature enhancement.
Stability
Ironclad appears to be a very stable company. With over $334 million in total funding from elite investors and a recent valuation of $3.2 billion, it has a strong financial foundation and is likely to be a dominant player for the foreseeable future.
Growth
The company is on a strong growth trajectory. Its significant, successive funding rounds, rapidly increasing valuation, and reported revenue growth indicate aggressive expansion and successful market penetration in the enterprise software space.
For Buyers
For a potential buyer, Ironclad represents a stable, well-funded choice in the CLM market. The significant financial backing reduces the risk of the service disappearing and suggests a long-term commitment to product development and customer support.
Funding Timeline
Investors: Franklin Templeton, BOND, YC Continuity, Emergence, Lux Capital, Haystack, Accel, Sequoia Capital
Valuation: $3.2B
Investors: BOND, Lux Capital, Accel, Sequoia Capital, Y Combinator Continuity, Emergence Capital
Valuation: $950M
Investors: Y Combinator Continuity, Emergence Capital, Accel, Sequoia Capital
Investors: Sequoia Capital, Accel, Y Combinator
Investors: Accel
Investors: Formation 8, Greylock, SV Angel
Notable Investors
Sources
- prnewswire.com (vertexaisearch.cloud.google.com)
- forbes.com (vertexaisearch.cloud.google.com)
- wikipedia.org (vertexaisearch.cloud.google.com)
- globenewswire.com (vertexaisearch.cloud.google.com)
- prnewswire.com (vertexaisearch.cloud.google.com)
- crunchbase.com (vertexaisearch.cloud.google.com)
- prnewswire.com (vertexaisearch.cloud.google.com)
- lawnext.com (vertexaisearch.cloud.google.com)
- siliconangle.com (vertexaisearch.cloud.google.com)