Ironclad
Ironclad Raises $150M in Series E
Quick Facts
Ironclad Raises $150M in Series E
Ironclad has successfully raised $150M in a Series E at a $3.2B valuation led by Sequoia Capital, Accel, Y Combinator, BOND, Lux Capital.
Company Overview
Ironclad is a LegalTech company headquartered in 1 Bush Street, San Francisco, CA 94104, founded in 2014 with 500+ employees.
Digital contract management
Fundraising Details
- Amount Raised: $150M
- Round Type: Series E
- Valuation: $3.2B
- Date: 2024-07-24
- Investors: Sequoia Capital, Accel, Y Combinator, BOND, Lux Capital
About Ironclad
Digital contract management The company is positioned in the LegalTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 1 Bush Street, San Francisco, CA 94104
- Founded: 2014
- Team Size: 500+
- Industry: LegalTech
What This Means
This funding round demonstrates strong investor confidence in Ironclad's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The LegalTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Ironclad's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3.2B valuation marks an important milestone for Ironclad, positioning the company among notable players in the LegalTech industry.
Looking Ahead
With this new capital, Ironclad is well-positioned to execute on its growth strategy and continue building innovative solutions in the LegalTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-07-24. For more information about Ironclad, visit their headquarters at 1 Bush Street, San Francisco, CA 94104.
About the Author
Related Company Reports
Harvey AI Raises $160 million in Series F
Harvey AI, a AI Software company based in San Francisco CA, has raised $160 million in Series F at a $8 billion valuation led by Andreessen Horowitz.
7AI Raises $130 million in Series A
7AI, a Cybersecurity company based in Boston MA, has raised $130 million in Series A at a $700 million valuation led by Index Ventures.
TRIANA Biomedicines Raises $120 million in Series B
TRIANA Biomedicines, a Biotechnology company based in Lexington MA, has raised $120 million in Series B at a Undisclosed led by Ascenta Capital.