He Leading Ai Powered Contract Lifecycle Management Clm Solution For High Growth Startups And Scaleups News Today : Breaking News, Live Updates & Top Stories | Vimarsana
New York [US], March 3 (ANI/BusinessWire India): SpotDraft, the leading AI-powered Contract Lifecycle Management (CLM) solution for high-growth startups and scaleups, today announced it closed USD 26 million in Series A funding. The round was led by Premji Invest, with participation from Prosus Ventures, 021 Capital, Arkam Ventures, Riverwalk Holdings, and 100x Entrepreneur Fund. The cash infusion is earmarked for further product development and aggressive growth in North America, identified as a key market by the company. SpotDraft's intuitive platform is built to be utilized not just by legal teams but also sales, marketing, human resources, business operations, and procurement. It leverages the legal team's expertise without creating bottlenecks or wasting time on repetitive tasks. Teams can easily create, manage, review, and execute contracts, seamlessly store and organize agreements, submit legal requests and approvals, and generate risk reports automatically from a modern