Ironclad, a San Francisco CA-based leading digital contracting platform, announced that it raised $150 million in Series E financing, bringing total investment to $333 million.
The round was led by Franklin Templeton, a global investment management firm known for backing category-defining leaders like OneTrust and Gong, with participation from previous investors BOND, YC Continuity, Emergence, Lux, Haystack, Accel, and Sequoia Capital.
Ironclad will use the funding to fuel product innovation and scale its digital contracting platform, which is the standard of choice for innovative organizations around the world.
Company: Ironclad, Inc.
Raised: $150.0M
Round: Series E
Funding Month: January 2022
Lead Investors: Franklin Templeton
Additional Investors: BOND, YC Continuity, Emergence, Lux, Haystack, Accel, and Sequoia Capital
Company Website: https://ironcladapp.com/
Software Category: Digital contracting platform
About the Company: Founded in 2014, Ironclad is the #1 contract lifecycle management platform for innovative companies. L'Oréal, Staples, Mastercard, and other leading innovators use Ironclad to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. It's the only platform flexible enough to handle every type of contract workflow, whether a sales agreement, an HR agreement, or a complex NDA. The company is a Leader on the Forrester Wave for Contract Lifecycle Management and was named one of the 20 Rising Stars on the Forbes 2019 Cloud 100 list. Ironclad is the preferred contracting solution for innovators ranging from Fortune 500 companies, like L'Oréal and Mastercard, to industry vanguards like Texas Rangers Baseball Club and Snap.
Source: https://www.prnewswire.com/news-releases/ironclad-raises-150-million-series-e-funding-led-by-franklin-templeton-301462915.html