Ironclad

Ironclad
Ironclad
  • Headquarters

    San Francisco, CA
  • Founded

    2014
  • CEO / Founder

    Jason Boehmig
  • Employees

    501-1000
  • Funding

    Series D+ — $333M
  • Products

    1 product listed
  • Avg. AI Score

    7.9/10

Profile updated

Products
1
Avg AI Score
7.9/10
Founded
2014
Funding
$333M
About Ironclad

Ironclad is a contract lifecycle management (CLM) software company headquartered in San Francisco, California. It was founded in 2012 by Jason Boehmig and Cai GoGwilt with the goal of digitizing and automating the contract process for legal and business teams. The platform allows organizations to draft, negotiate, execute, and store contracts in a centralized system.

Ironclad's core product includes a workflow designer for building contract templates, a repository for storing and searching executed agreements, and tools for tracking contract obligations and extracting data from legal documents. The company serves customers across industries including technology, financial services, and healthcare, with clients such as L'Oréal, Dropbox, and Mastercard reported among its user base. It competes in the CLM market alongside companies such as Icertis, Conga, and DocuSign CLM.

Ironclad has raised approximately $333 million in total venture funding. Notable funding rounds include a $100 million Series D in 2021 led by BOND, and a $150 million Series E in 2022. The company has grown to several hundred employees and has made product investments in AI-assisted contract review and analytics capabilities.

Specialties
Contract Lifecycle ManagementLegal OperationsContract AutomationDocument WorkflowContract AnalyticsElectronic SignaturesLegal Technology
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$3.2B
siliconangle.com
ARR
$150M
prnewswire.com
Total Raised
$333M
prnewswire.com
Valuation over time
$950M(Dec 21, 2020, est.)$3.2B(Jan 18, 2022, est.)
Total Raised over time
$11M(Aug 2, 2017)$34M(Jan 30, 2019)$83M(Sep 17, 2019, est.)$183M(Jan 14, 2021)$333M(Jan 18, 2022)
Products by Ironclad

All products by Ironclad reviewed by our AI panel of experts.

How Our Review Panel Scores Ironclad

Six independent reviewer personalities assessed Ironclad's product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
8.4
The Domain Strategist
8.4
The Power User
8.2
The Domain Practitioner
8.1
The Skeptic
7.2
The Finance Lead
6.8

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Ironclad competes with, and how they differ.

DocuSign logo
DocuSign7.7/10

DocuSign built its CLM/Agreement Cloud on top of its dominant e-signature distribution (via the 2018 SpringCM acquisition), competing on breadth of adoption rather than a purpose-built legal workflow; notably, DocuSign's former CEO Dan Springer became Ironclad's CEO in April 2025.

1 product reviewed on TopReviewed
I
Icertis

Icertis targets large, heavily regulated global enterprises running SAP/Oracle backbones, with deeper multi-language and compliance tooling but higher implementation cost and complexity, versus Ironclad's faster-deployment, self-service approach for mid-market to large legal teams.

Thomson Reuters logo
Thomson Reuters7.9/10

Thomson Reuters' Contract Express is a document-assembly/automation tool bundled into its broader legal research suite (alongside Westlaw), aimed at law firms producing templated agreements, whereas Ironclad is a standalone end-to-end CLM platform for in-house legal and procurement teams managing negotiation through post-signature obligations.

5 products reviewed on TopReviewed
C
ContractPodAi (Leah)

ContractPodAi, rebranded Leah in 2026, layers agentic AI contract workflows on top of customers' existing Salesforce, SAP or Microsoft systems for large enterprises; Ironclad runs as an independent, workflow-first CLM platform, with both named Leaders in the 2025 Gartner Magic Quadrant for CLM.

Company Timeline

Key milestones in Ironclad's history, with sources.

  1. Milestone

    Dan Springer named CEO; Boehmig becomes Executive Chairman

    Founding CEO Jason Boehmig stepped down after roughly 11 years, moving to Executive Chairman; former DocuSign and Responsys CEO Dan Springer became CEO as Ironclad announced it had crossed $150M ARR and 2,000 customers.

    prnewswire.com
  2. Funding

    Series E -- $150M at $3.2B valuation, led by Franklin Templeton

    Franklin Templeton led an all-insider $150 million Series E round; Ironclad stated total funding reached $333 million. Press coverage (Reuters/SiliconANGLE) reported the round valued the company at $3.2 billion.

    siliconangle.com
  3. Acquisition

    Acquired PactSafe

    Ironclad acquired Indianapolis-based clickwrap/digital-acceptance platform PactSafe (founded 2012); deal terms were undisclosed and PactSafe's roughly 40-person team joined Ironclad.

    prnewswire.com
  4. Funding

    Series D -- $100M led by BOND

    BOND (Mary Meeker's firm) led a $100 million Series D with new investor Lux Capital; Ironclad stated total investment reached $183 million. Press reports (The Information, via SiliconANGLE) put the post-money valuation near $950M, described elsewhere as "around the unicorn mark."

    prnewswire.com
  5. Funding

    Series C -- $50M led by Y Combinator Continuity

    Y Combinator Continuity led a $50 million Series C with Emergence Capital, Accel and Sequoia Capital participating; TechCrunch reported total funding reaching $83 million.

    techcrunch.com
  6. Funding

    Series B -- $23M led by Sequoia Capital

    Sequoia Capital led a $23 million Series B, bringing total funding to $34 million; Sequoia partner Jess Lee joined Ironclad's board.

    globenewswire.com
  7. Funding

    Series A -- $8M led by Accel

    Accel led Ironclad's $8 million Series A, bringing total funding to over $11 million; Accel partner Steve Loughlin joined the board.

    fortune.com
  8. Founded

    Ironclad founded by Jason Boehmig and Cai GoGwilt

    Jason Boehmig, a corporate attorney at Fenwick & West, and Cai GoGwilt, a former Palantir software engineer, founded the contract lifecycle management company; it later went through Y Combinator's Summer 2015 batch.

    prnewswire.com

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Ironclad — Products & AI Reviews | TopReviewed.ai