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..
2009
Founded
$240.8M
2022 Revenue
YOY
$371M
Funding
Icertis Revenue
In 2022, Icertis revenue run rate hit $240.8M in revenue.
2022
Icertis hit $240.8M in revenue in 2022
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
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 DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
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
DISTRIBUTION | QTY |
---|---|
Total team size | 2007 |
Engineer | 541(27%) |
Sales | 232(12%) |
Marketing | 48(2%) |
CEO/Founder
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
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Acquisition Cost
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Average Annual Price
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Churn
Icertis has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Icertis
Monthly Revenue
$20.1M
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
45.96%
=
Rule of 40
46
Icertis Board of Directors
Name | Position |
---|
Icertis Executives
Name | Position |
---|---|
Samir Bodas | CEO |
Icertis Employees
Name | Position |
---|---|
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