The CLM provider, which has offices in both India and the U.S. will leverage the investment towards product development and expansion in the North American market.
March 02, 2023 at 01:48 PM
2 minute read
On Thursday, CLM provider SpotDraft announced that it closed on a $26 million series A funding round led by Premji Invest, with participation from Prosus Ventures, 021 Capital, Arkam Ventures, Riverwalk Fund, and 100x Entrepreneur Fund.
The new capital infusion comes after the company raised $1.5 million in a 2019 pre-Series A funding round led by 021 Capital, and $550,000 in a 2017 seed round led by Hunch ventures.
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