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Icertisrevenue, valuation & funding

AI & Machine Learning Operationalization (MLOps) SoftwareBellevue, WashingtonFounded 2009

Icertis is a cloud-based contract lifecycle management (CLM) platform that enables businesses to manage their contracts across the enterprise.

icertis.comLinkedInUpdated Oct 12, 2026
Annual revenue
$250M
Mar 2024 · Forbes
Valuation
$5B
Total raised
$441M
7 rounds
Employees
2,340
Nov 2025

Icertis revenue

Icertis' annual revenue was $250M in March 2024, the most recent figure on record.

$0
$100M
$200M
$50M
$100M
$158M
$165M
$240.8M
–
$250M
2018201920202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 6 revenue readings, with sources
As ofRevenueSource
Aug 2018$50M–
Jul 2019$100M–
Aug 2020$158M–
Mar 2021$165M–
Feb 2022$240.8M–
Mar 2024$250MForbes

– source not recorded

Icertis valuation

Icertis is privately held, so there is no Icertis stock to buy. Investors valued it at $5B.

Valuation history$2.8B Debt Financing 2022$2.8B Series F 2021$1.1B Series E 2019$450M Series D 2018$245M Series C 2017$22M Series A 2015

Icertis funding rounds & investors

Icertis has raised $441M across seven rounds since 2015. The latest was a $150M Debt Financing in January 2022.

DateRoundRaisedValuation
Jan 2022Debt Financing$150M$2.8B
Mar 2021Series F$80M$2.8B
Jul 2019Series E$115M$1.1B
Aug 2018Series D$50M$450M
Mar 2017Series C$25M$245M
Oct 2016Series B$15M–
Apr 2015Series A$6M$22M
Total raised$441M

Not counted as funding

  • Secondary share sale (not new capital) $75M Oct 2021

Icertis competitors

Icertis competes most directly with Ironclad, Coupa and Business Online Services. It is the largest of the three by revenue.

CompanyRevenueFundingEmployeesCustomersFounded
Icertis$250M$441M2,3401602009
Ironclad$200M$334M7631K2014
Coupa$1.3M$302.2M3,4475302006
Business Online Services–$35M132.5K6.9K1972

Icertis founders & employees

Monish Darda founded Icertis in 2009. Icertis has 2,340 employees (November 2025, LinkedIn).

BoardJim Moffatt, Paul Madera, Mark Terbeek, John Connors, Vijay Vashee, Karyn Smith, Penny Pritzker, Kabir Narang

0
1,000
2,000
135
300
628
882
1,315
1,661
2,007
2,241
2,370
2,340
2016201720182019202020212022202320242025
ReportedOne figure per year; a reported figure wins over an estimate
All 19 headcount readings, with sources
As ofEmployeesSource
Nov 20252,340LinkedIn
Sep 20242,370Forbes
Mar 20242,269Latka Top 250 List
Nov 20232,241–
Nov 20222,007–
Feb 20222,007–
Jan 20221,833–
Nov 20211,661–
Dec 20201,315–
Nov 20201,315–
Aug 20201,000–
Jun 20201,128–
Jan 20201,200–
Dec 2019882–
Jul 20191,000–
Dec 2018628–
Aug 2018450–
Mar 2017300–
Oct 2016135–

Icertis FAQ

What is Icertis' revenue?

Icertis' annual revenue was $250M in March 2024, according to Forbes. No later figure is on record.

What is Icertis' valuation?

Investors valued Icertis at $5B.

How much funding has Icertis raised?

Icertis has raised $441M across seven funding rounds. The latest was a $150M Debt Financing in January 2022.

Is Icertis publicly traded?

No. Icertis is a private company, so its shares aren't traded on a stock exchange.

How many employees does Icertis have?

Icertis has 2,340 employees as of November 2025, according to LinkedIn.

Who founded Icertis?

Monish Darda founded Icertis in 2009.

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How this page is sourced

4 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 12, 2026Data disclaimerReport a correctionClaim this profileRun Icertis? Join the podcast