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Icertis revenue is $240.8 million

Icertis is worth $2.8 billion valuation

Icertis team size is 2007 employees


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Icertis

- Bellevue, Washington, United States

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How Icertis hit $240.8M Revenue with 160 customers in 2022.

Icertis is an enterprise contract management platform in the cloud that solves hard contract management problems on an easy to use platform. With Icertis, companies can accelerate business by increasing contract velocity, protect against risk by ensuring regulatory and policy compliance, and optimize the commercial relationships by maximizing revenue and reducing costs. The AI-infused Icertis Contract Management (ICM) platform is used by companies like 3M, Airbus, Cognizant, Daimler, Microsoft, and Roche to manage 5.7 million contracts in 40+ languages across 90+ countries. Icertis was founded on 2009 and is headquartered in Bellevue, Washington..Icertis is an AI-powered contract management platform that ensures compliance and minimizes risk..

Founded

2009

Founded

Revenue

$240.8M

2022 Revenue

YOY
-----

YOY

Funding

$371M

Funding


Icertis Revenue

In 2022, Icertis revenue run rate hit $240.8M in revenue.

  • 2022

    Icertis hit $240.8M in revenue this year

  • 2021

    Icertis hit $165M in revenue in 2021

  • 2020

    Icertis hit $158M in revenue in 2020

  • 2019

    Icertis hit $100M in revenue in 2019

  • 2018

    Icertis hit $50M in revenue in 2018

  • 2009

    Icertis launched in 2009 with $0 revenue

100.00% ▲58.00% ▲4.00% ▲46.00% ▲$50M$100M$158M$165M$240.8M

Icertis Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2022 Venture Round

    Icertis raised a Venture Round of $80M

  • 2021 Series F

    Icertis raised a Series F of $80M at a $2.8B valuation in March 2021

  • 2019 Series E

    Icertis raised a Series E of $115M at a $1.1B valuation in July 2019

  • 2018 Series D

    Icertis raised a Series D of $50M at a $450M valuation in August 2018

  • 2017 Series C

    Icertis raised a Series C of $25M at a $245M valuation in March 2017

  • 2016 Series B

    Icertis raised a Series B of $15M

  • 2015 Series A

    Icertis raised a Series A of $6M at a $22M valuation in April 2015

FUNDING DATEROUNDAMOUNTVALUATION
02/04/2022 Venture Round $80M
03/10/2021 Series F $80M $2.8B
07/17/2019 Series E $115M $1.1B
08/02/2018 Series D $50M $450M
03/29/2017 Series C $25M $245M
10/03/2016 Series B $15M
04/28/2015 Series A $6M $22M

Team

Icertis has 2007 total employees and 232 sales reps that carry a quota. They have 160 customers an engineering team of 541 and a marketing team of 48

201620172018201920202022122▲50▲122▲20▲53▲
DISTRIBUTIONQTY
Total team size
2007
Engineer
541(27%)
Sales
232(12%)
Marketing
48(2%)

CEO/Founder

Samir Bodas

Samir is the CEO of Icertis Inc. A leading provider of contract management in the Microsoft Cloud.

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Customers

Icertis has 160 customers.

Lifetime Months

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x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Icertis has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Icertis

Monthly Revenue

$20.1M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

45.96%

=

Rule of 40

46


Icertis Board of Directors

NamePosition

Icertis Executives

NamePosition
Samir Bodas CEO

Icertis Employees

NamePosition
Samir Bodas CEO

Frequently Asked Questions about Icertis

When was Icertis founded?

Icertis was founded in 2009.

How much revenue does Icertis generate?

Icertis generates $240.8M in revenue.

Who is the CEO of Icertis?

The CEO of Icertis is Samir Bodas.

How much funding does Icertis have?

Icertis was raised $371M.

How many employees does Icertis have?

Icertis has raised 2007 employees.

Where is Icertis headquarters?

Icertis headquater is at United States