Icertis
Valuation
$5B
2024 Revenue
$250M
Customers
160
Funding
$516M
Avg ACV
$1.6M
Team · 2025
2.3K
Founded
2009
Icertis Revenue, Valuation & Funding (2024)
Icertis is a cloud-based contract lifecycle management (CLM) platform that enables businesses to manage their contracts across the enterprise. The platform provides a central repository for all contract-related data and documents, enabling businesses to manage their contracts from creation through to renewal or expiration. Icertis offers features such as contract authoring, collaboration, and negotiation, as well as compliance and risk management. The platform also includes artificial intelligence capabilities, including contract analytics and insights, to help businesses identify potential risks and opportunities within their contracts. Icertis aims to help businesses improve their contract management processes, reduce risk, and increase operational efficiency. The company was founded in 2009 and is headquartered in Bellevue, Washington, with additional offices in San Jose, London, Sydney, and Pune.
Last updated
Icertis Revenue
In 2024, Icertis's revenue reached $250M. The company previously reported $240.8M in 2022. Since its launch in 2009, Icertis has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Icertis Hit $250m revenue in March 2024 | |
| 2022 | Icertis Hit $240.8m revenue in November 2022 | |
| 2022 | Icertis Hit $240.8m revenue in February 2022 | |
| 2021 | Icertis Hit $165m revenue in November 2021 | |
| 2021 | Icertis Hit $165m revenue in March 2021 | |
| 2020 | Icertis Hit $158m revenue in August 2020 | |
| 2019 | Icertis Hit $100m revenue in July 2019 | |
| 2018 | Icertis Hit $50m revenue in August 2018 | |
| 2009 | Launched with $0 revenue |
Icertis Valuation, Funding Rounds
Icertis reached a $5B valuation in 2022, set during its Debt Financing round.
Icertis has raised $516M in total funding across 8 rounds, most recently a $150M Debt Financing round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Debt Financing | $150M | $2.8B | 5% | |
| 2021 | Secondary Market Round | $75M | - | - | |
| 2021 | Series F | $80M | $2.8B | 3% | |
| 2019 | Series E | $115M | $1.1B | 10% | |
| 2018 | Series D | $50M | $450M | 11% | |
| 2017 | Series C | $25M | $245M | 10% | |
| 2016 | Series B | $15M | - | - | |
| 2015 | Series A | $6M | $22M | 27% |
Founders
Samir Bodas
CEO
Samir is the CEO of Icertis Inc. A leading provider of contract management in the Microsoft Cloud.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Icertis serves 160 customers.
Icertis Employees & Team Size
Icertis employs approximately 2.3K people as of 2026, down from 2.4K in 2024, including 232 sales reps that carry a quota. It serves 160 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 2.3K employees (November 2025) | |
| 2024 | Reached 2.4K employees (September 2024) | |
| 2024 | Reached 2.3K employees (March 2024) | |
| 2023 | Reached 2.2K employees (November 2023) | |
| 2022 | Reached 2K employees (November 2022) | |
| 2022 | Reached 2K employees (February 2022) | |
| 2022 | Reached 1.8K employees (January 2022) | |
| 2021 | Reached 1.7K employees (November 2021) | |
| 2020 | Reached 1.3K employees (December 2020) | |
| 2020 | Reached 1.3K employees (November 2020) | |
| 2020 | Reached 1K employees (August 2020) | |
| 2020 | Reached 1.1K employees (June 2020) | |
| 2020 | Reached 1.2K employees (January 2020) | |
| 2019 | Reached 882 employees (December 2019) | |
| 2019 | Reached 1K employees (July 2019) | |
| 2018 | Reached 628 employees (December 2018) | |
| 2018 | Reached 450 employees (August 2018) | |
| 2017 | Reached 300 employees (March 2017) | |
| 2016 | Reached 135 employees (October 2016) |
Frequently Asked Questions about Icertis
What is Icertis's revenue?
Icertis generates $250M in revenue.
Who founded Icertis?
Icertis was founded by Monish Darda.
Who is the CEO of Icertis?
The CEO of Icertis is Samir Bodas.
How much funding does Icertis have?
Icertis raised $516M across 8 rounds.
How many employees does Icertis have?
Icertis has 2.3K employees.
Where is Icertis headquarters?
Icertis is headquartered in Bellevue, Washington, United States.
Compare Icertis to the industry
Icertis operates across multiple industries. Browse revenue, funding, and growth data for Icertis in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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