Icertis

Contract lifecycle management and intelligence solutions

Bellevue, Washington, United States

About Icertis

Icertis specializes in contract lifecycle management (CLM), focusing on contract intelligence to help businesses gain better visibility and insights into their contracts. Its platform automates contract processes and provides deep analysis, which helps improve business performance. Icertis manages over 10 million contracts worth more than $1 trillion across 93 countries and supports multiple languages, showcasing its extensive global reach. The company differentiates itself through its Contract Intelligence platform, which is built on Microsoft Azure, ensuring data security while offering seamless integration with other enterprise software. Icertis aims to enhance how businesses handle contracts, making contract data more accessible and actionable.

Bellevue, WashingtonHeadquarters
2009Year Founded
$356MTotal Funding
DEBTCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
1,001-5,000Employees

Risks

Increased competition from emerging CLM platforms like Ironclad and Agiloft.
Potential challenges in scaling AI integrations with partners like Harvey.
Over-reliance on strategic partnerships with companies like Microsoft and Salesforce.

Differentiation

Icertis offers a cloud-based platform for comprehensive contract lifecycle management.
The platform integrates seamlessly with major enterprise software like Microsoft, SAP, and Salesforce.
Icertis provides advanced contract intelligence with deep analysis and actionable insights.

Upsides

Icertis is recognized as a leader in the 2024 Gartner Magic Quadrant for CLM.
The partnership with Harvey enhances contract analysis speed and accuracy for users.
Winning the 2024 AI Breakthrough Award highlights Icertis' AI innovation.

Funding

Total raised$356.02 M
Latest valuation$2.80 B
StageDEBT