Icertis logo
Founded 2009

Icertis

2021 Revenue

$165.0M

YOY

4.43%

Funding

$291.0M

How Icertis hit $165.0M in Revenue with 160 Customers in 2021.

About Icertis

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|.

Monthly Revenue

$13.8M

+ $583.3K (4.43%)
Total Expenses

$13.8M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

4.43%

=
Rule of 40

4


Headquarters

BellevueWashingtonUnited States
$Funding$Revenue

Icertis Revenue

In 2021, Icertis revenue run rate hit $165.0M in revenue.

100.00%▲58.00%▲4.00%▲$50.0M$100.0M$158.0M$165.0M

Icertis Valuation and Funding History

Icertis has raised a total of $291.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
03/10/2021$80.0M$2.8B
07/17/2019$115.0M$1.1B
08/02/2018$50.0M$500.0M
03/29/2017$25.0M$245.0M
10/03/2016$15.0M
04/28/2015$6.0M$22.0M

Customers

Icertis has 160 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Icertis has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Icertis has 1,315 employees. They have 169 sales reps that carry a quota They have an engineering team of 367. and a marketing team of 29.

20162017201820192020122.00%▲50.00%▲122.00%▲20.00%▲
DistributionQty

Total Team Size

1315

Engineers

367 (28%)

Sales

169 (13%)

Marketing

29 (2%)

CEO/Founder

Samir Bodas


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Icertis

When was Icertis founded?

Icertis was founded in 2009.


Who is the CEO of Icertis?

The CEO of Icertis is Samir Bodas


How many employees does Icertis have?

Icertis has 1,315 employees.

How much revenue does Icertis generate?

Icertis generates $165.0M in revenue.


How much funding does Icertis have?

Icertis has raised $291.0M.


Where is Icertis headquarters?

Icertis is headquartered at BellevueWashingtonUnited States

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