What Does SpotDraft Do?

Total employees303
HeadquartersNew York
Founded2017

SpotDraft is an advanced, AI-powered Contract Lifecycle Management (CLM) platform designed to empower legal and business teams to manage contracts with greater speed, intelligence, and control. Founded by legal and technology experts, SpotDraft automates and streamlines the entire contract lifecycle, from drafting and negotiation to execution, storage, and post-execution management. It helps organizations reduce risk, accelerate deal closures, improve compliance, and gain valuable insights from their contractual agreements. By leveraging artificial intelligence, SpotDraft offers features like automated contract review, smart repository searching, and data extraction, making contract processes more efficient and less error-prone for companies globally.

Where Is SpotDraft's Headquarters?

SpotDraft officeSpotDraft officeSpotDraft officeSpotDraft office
*Images sourced via web search. Rights belong to original owners

HQ Function

The New York headquarters serves as a strategic hub for global operations, sales, marketing, customer success, and business development, particularly focusing on the North American and European markets.

Notable Features:

Likely a modern office space designed for collaboration and innovation, situated in a prime business district offering access to talent and clients. Amenities would focus on productivity and employee well-being.

Work Culture:

Fast-paced, innovative, and customer-centric. The culture emphasizes collaboration, problem-solving, and leveraging cutting-edge technology to address client needs. It fosters an environment of continuous learning and growth.

HQ Significance:

The New York HQ signifies SpotDraft's commitment to serving the large North American market, providing access to a vast pool of enterprise clients, talent, and investment opportunities. It solidifies its position as a global CLM player.

Values Reflected in HQ: The headquarters' location and design likely reflect SpotDraft's values of innovation, global ambition, customer focus, and operational excellence.

Location:

SpotDraft supports its global customer base through strategically located offices in North America (New York) and Asia (Gurugram, Singapore), along with remote teams. This network enables comprehensive coverage for sales, customer support, engineering, product development, and marketing functions across key international markets, ensuring localized support and global innovation.

Street Address:

1 Liberty St

City:

New York

State/Province:

NY

Country:

USA

Where Else Does SpotDraft Operate Around the World?

Gurugram, Haryana/India

Address: Plot No. 48, Udyog Vihar, Phase IV, Gurugram, Haryana 122015, India

Serves as the core R&D and product engineering center, leveraging India's strong tech talent pool. It's also pivotal for SpotDraft's operations and growth in the Asia-Pacific market.

Singapore

Address: Undisclosed (Regional Sales/Support Office)

Facilitates market penetration and customer support in the key ASEAN region, capitalizing on Singapore's status as a major business hub.

Buying Intent Signals for SpotDraft

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading SpotDraft? Meet the Executive Team

As of April 2025, SpotDraft' leadership includes:

Shashank Bijapur - Co-founder & CEO
Madhav Bhagat - Co-founder & Chief Product Officer
Rohit Duke - Chief Customer Officer
Karen Sivan - VP, Global Marketing

Who's Investing in SpotDraft?

SpotDraft has been backed by several prominent investors over the years, including:

PremjiInvest
Prosus Ventures
Accel
Nexus Venture Partners
021 Capital
Arkray
Paradigm Shift Capital

What Leadership Changes Has SpotDraft Seen Recently?

Hire1
Exits0

SpotDraft has been actively strengthening its leadership team to support its rapid growth and international expansion. Key appointments have focused on enhancing customer success, global marketing, and sales capabilities to drive market penetration and product adoption.

New Appointments:

Karen Sivan, Karen Sivan appointed as VP, Global Marketing, bringing extensive experience in SaaS marketing to scale SpotDraft's global presence.

What Technology (Tech Stack) Is Used bySpotDraft?

Discover the tools SpotDraft uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

SpotDraft Email Formats and Examples

SpotDraft primarily uses the [first].[last]@spotdraft.com email format for its employees. This is a common and professional format in the technology industry, facilitating easy communication.

[first].[last]@spotdraft.com

Format

shashank.bijapur@spotdraft.com

Example

90%

Success rate

What's the Latest News About SpotDraft?

TechCrunch • June 22, 2022

SpotDraft raises $26M to bring its AI-powered contract automation tool to more lawyers

SpotDraft, an AI-powered end-to-end contract lifecycle management platform, today announced that it has raised $26 million in Series B funding. The round was led by PremjiInvest, with participation from existing investors Prosus Ventures, Accel, Nexus Venture Partners and 021 Capital. SpotDraft plans to use the new capital to further invest in its AI technology, expand its product offerings and grow its sales and marketing teams, especially in North America....more

SpotDraft Blog / G2 Crowd • April 5, 2024

SpotDraft Recognized as High Performer in G2 Spring 2024 Reports

SpotDraft has once again been recognized as a 'High Performer' in G2's Spring 2024 Grid Reports for Contract Management, Contract Lifecycle Management (CLM), and Contract Analytics. This recognition is based on high customer satisfaction scores and a strong market presence, underscoring SpotDraft's commitment to delivering value to its users....more

SpotDraft Press Release • November 15, 2023

SpotDraft Unveils Next-Generation Generative AI Capabilities to Revolutionize Contract Drafting and Review

SpotDraft announced the launch of new generative AI features integrated into its CLM platform. These enhancements leverage advanced AI models to assist users with intelligent contract drafting suggestions, automated summarization of complex clauses, and proactive risk identification, further streamlining the contract management process for legal and business professionals....more

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