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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
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.
Icertis reached a $5B valuation in 2025.
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 |
|---|---|---|---|---|---|
| 2025 | Funding round | - | $5B | - | |
| 2022 | Debt Financing | $150M | $2.8B | 5% |
CEO
Samir is the CEO of Icertis Inc. A leading provider of contract management in the Microsoft Cloud.
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Icertis serves 160 customers.
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.
Icertis generates $250M in revenue.
Icertis was founded by Monish Darda.
The CEO of Icertis is Samir Bodas.
Icertis raised $516M across 8 rounds.
Icertis has 2.3K employees.
Icertis is headquartered in Bellevue, Washington, United States.
Icertis operates across multiple industries. Browse revenue, funding, and growth data for Icertis in each sector below.
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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Valuation
$5B
2024 Revenue
$250M
Customers
160
Funding
$516M
Avg ACV
$1.6M
Team · 2025
2.3K
Founded
2009
| 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 |
| 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% |
| 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) |
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