Icertis
Enterprise contract lifecycle management software using AI to extract obligations and risks from contracts
SaaS
📍 Bellevue, WA
Founded 2009
Current Valuation
$5.0B
as of 2025-Q1
UNICORN
Icertis is the largest pure-play enterprise CLM (contract lifecycle management) vendor with ~$350M ARR, +25% YoY growth, and global enterprise customers including Microsoft, Johnson & Johnson, and Daimler. Last private valuation $5B. As of early 2025 the company has reportedly engaged Goldman Sachs to explore a sale or IPO. Competes with Ironclad and DocuSign CLM in the AI-powered CLM category.
Company Profile
Est. Revenue
$350M (2025-FY)
Last Round
Series F (potential sale process) — $50M (Mar 2025) · Lead: Goldman Sachs (sale advisor)
Founders & Key People
Samir BodasMonish Darda
Investors
B Capital Group · Greycroft · Premji Invest · SoftBank · Meritech Capital
Products
- Icertis Contract Intelligence
- AI-powered clause extraction
- Obligation management
- Risk and compliance
- Sourcing contracts
Competitors
DocuSign CLM · Ironclad · SirionLabs · ContractPodAi · Conga
SaaSCLMLegal TechEnterpriseAI
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.