Riverwalk Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Contract lifecycle management tools offer VCs great potential. Two years ago, contract-drafting, management, and review software startups raised over $70 million in venture equity. Contract lifecycle management, or CLM, is growing fast compared to customer relationship management ($44.9 billion in 2023). Legal tech spending—including CLM—will triple by 2025, according to Gartner. SpotDraft is one of …

SpotDraft, the leading AI-powered Contract Lifecycle Management (CLM) solution for high-growth startups and scaleups, today announced it closed $26 million in Series A funding. The round was led by Premji Invest, with participation from Prosus Ventures, 021 Capital, Arkam Ventures, Riverwalk Fund, and 100x Entrepreneur Fund. The cash infusion is…

SpotDraft is one of a growing number of CLM vendors trying to stand out in the increasingly crowded field.

The fund is anchored by Singapore-based Thakral Group and is backed by business houses across the country and Singapore.