AI-powered contract lifecycle management for legal teams
Ironclad is the contract lifecycle management leader for legal teams at enterprises like Salesforce, Mastercard, and L'Oréal. Sacra estimates the company hit $150 million in ARR in January 2025, up 39% year-over-year, on its 2022 Series E valuation of $3.2 billion. Ironclad has aggressively layered generative-AI clause review, drafting, and metadata extraction into its workflow product and is widely seen as a 2026 IPO candidate.
Software📍 San Francisco, CAFounded 2014
Current Valuation
$3.2B
as of 2022-Q1
UNICORN
QL Price
$1.8B
-43% vs last round
QuantLogix's current estimate for Ironclad, published 2026-10-07 — below the last disclosed round of $3.2B (2022-Q1).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$3.2B
2022-Q1
weight 0.04
Secondary market print
$1.7B
2026-06-27
weight 0.54
How this price has held up
No round has priced for Ironclad since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Ironclad, 2026-10-07 (1db3b67c55d8b68a).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookrumored
Is Ironclad going public in 2026?
An IPO is rumored for 2026, with nothing filed. Ironclad remains private and the date is not the company's.
What is Ironclad's valuation in 2026?
Ironclad is valued at $3.2B as of 2022-Q1, set by its Series E ($150M, Jan 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Ironclad filed an S-1?
No public S-1 is on file for Ironclad as of 10/07/2026; the IPO is rumored.
Who are Ironclad's investors?
Ironclad's investors include Franklin Templeton, BOND, Accel, Sequoia Capital, Y Combinator, Emergence Capital.
How much has Ironclad raised?
Ironclad has raised $334M in total, most recently a Series E of $150M in Jan 2022.
Is Ironclad publicly traded — can you buy Ironclad stock?
No. Ironclad is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Ironclad on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Jason Boehmig
Founded
2014
HQ
San Francisco, CA
Employees
~600
Total Raised
$334M
Est. Revenue
$150M (2025-Q1)
Growth
~39% YoY
Last Round
Series E — $150M (Jan 2022) · Lead: Franklin Templeton
IPO Status
rumored
Fundraising Status
Series E · $150M · 4y 9mo ago
rumoredTotal raised $334M
Secondary Market
Implied price / share
$1.21
Last round price / share
$2.28
vs last round
-46.9%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series E
$150M
Jan 2022
Franklin Templeton
—
Talent Signal
Hiring trend
▶ Hiring steady
+3% vs 2026-08
Open roles
35
via ashby
Product-build share
54%
engineering, research, product, design
Trajectory
steady
product-led hiring — 54% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Demo EngineerSenior Staff Product Manager, Workflow EfficiencyStaff Data Scientist - Product AnalyticsStaff IAM EngineerStaff Application Security EngineerPrincipal Engineer
Counted from Ironclad's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Jason BoehmigCai GoGwilt
Investors
Franklin Templeton · BOND · Accel · Sequoia Capital · Y Combinator · Emergence Capital
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q1. Refreshed quarterly.