SpotDraft

SpotDraft is a legal technology company based in Bengaluru, India, founded in 2017 by Shashank Bijapur, Madhav, and Rohith. The company aims to modernize contract management by leveraging AI to streamline the contracting process. SpotDraft's platform offers a comprehensive suite of tools for businesses, allowing them to create contracts using templates, automate workflows, manage electronic signatures, and analyze contract data. The platform supports the entire contract lifecycle, including handling third-party documents and providing an intelligent contract repository. SpotDraft serves various sectors, including legal, sales, finance, and procurement, and has been recognized for its innovation, being named in Fast Company's Most Innovative Companies list in 2024. With a total funding of $28.06 million, SpotDraft is focused on merging human insight with AI efficiency to help businesses save time, reduce costs, and minimize legal risks.