SpotDraft is an AI-powered contract lifecycle management (CLM) platform built for in-house legal teams. It manages the full contracting workflow including AI-assisted redlining, e-signatures, an intelligent searchable contract repository, third-party paper review, clickwrap agreements, and approval workflows. Founded in 2017 and headquartered in Bengaluru with an office in New York, SpotDraft serves legal and business teams who want to move contracts faster without losing control. After a $26M Series A in March 2023, the company closed a $54M Series B in February 2025 co-led by Vertex Growth Singapore and Trident Growth Partners, with participation from existing investors Prosus Ventures, Arkam Ventures, Premji Invest, and Xeed VC.