Icertis
Valuation
$5B
2024 Revenue
$250M
Customers
160
Funding
$516M
Avg ACV
$1.6M
Team · 2025
2.3K
Founded
2009
Icertis Revenue, Valuation & Funding (2024)
Icertis generated $250M in revenue in 2024.
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
Icertis Revenue
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Icertis Hit $250m revenue in March 2024 | Not recorded |
| 2022 | Icertis Hit $240.8m revenue in February 2022 | Not recorded |
| 2021 | Icertis Hit $165m revenue in March 2021 | Not recorded |
| 2020 | Icertis Hit $158m revenue in August 2020 | Not recorded |
| 2019 | Icertis Hit $100m revenue in July 2019 | Not recorded |
| 2018 | Icertis Hit $50m revenue in August 2018 | Not recorded |
| 2009 | Launched with $0 revenue |
Icertis Valuation, Funding Rounds
Icertis's most recent disclosed valuation is $5B.
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 |
|---|---|---|---|---|---|
| 2022 | Debt Financing | $150M | $2.8B | 5% | Not recorded |
| 2021 | Secondary Market | $75M | - | - | Not recorded |
| 2021 | Series F | $80M | $2.8B | 3% | Not recorded |
| 2019 | Series E | $115M | $1.1B | 10% | Not recorded |
| 2018 | Series D | $50M | $450M | 11% | Not recorded |
| 2017 | Series C | $25M | $245M | 10% | Not recorded |
| 2016 | Series B | $15M | - | - | Not recorded |
| 2015 | Series A | $6M | $22M | 27% | Not recorded |
Founders
Samir Bodas
CEO
Samir is the CEO of Icertis Inc. A leading provider of contract management in the Microsoft Cloud.
Customers
Icertis serves 160 customers.
Icertis Employees & Team Size
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.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 2.3K employees (November 2025) | Not recorded |
| 2024 | Reached 2.4K employees (September 2024) | Not recorded |
| 2024 | Reached 2.3K employees (March 2024) | Latka Top 250 List |
| 2023 | Reached 2.2K employees (November 2023) | Not recorded |
| 2022 | Reached 2K employees (November 2022) | Not recorded |
| 2022 | Reached 2K employees (February 2022) | Not recorded |
| 2022 | Reached 1.8K employees (January 2022) | Not recorded |
| 2021 | Reached 1.7K employees (November 2021) | Not recorded |
| 2020 | Reached 1.3K employees (December 2020) | Not recorded |
| 2020 | Reached 1.3K employees (November 2020) | Not recorded |
| 2020 | Reached 1K employees (August 2020) | Not recorded |
| 2020 | Reached 1.1K employees (June 2020) | Not recorded |
| 2020 | Reached 1.2K employees (January 2020) | Not recorded |
| 2019 | Reached 882 employees (December 2019) | Not recorded |
| 2019 | Reached 1K employees (July 2019) | Not recorded |
| 2018 | Reached 628 employees (December 2018) | Not recorded |
| 2018 | Reached 450 employees (August 2018) | Not recorded |
| 2017 | Reached 300 employees (March 2017) | Not recorded |
| 2016 | Reached 135 employees (October 2016) | Not recorded |
Frequently Asked Questions about Icertis
What is Icertis's revenue?
As of 2024, Icertis generated $250M in revenue.
What is Icertis's valuation?
Icertis's last reported valuation is $5B.
Who founded Icertis?
Icertis was founded by Monish Darda.
When was Icertis founded?
Icertis was founded in 2009.
How much funding does Icertis have?
Icertis raised $516M across 8 rounds.
How many employees does Icertis have?
As of 2025, Icertis had 2.3K employees.
Where is Icertis headquartered?
Icertis is headquartered in Bellevue, Washington, United States.
Compare Icertis to the industry
Icertis operates across multiple industries. Browse revenue, funding, and growth data for Icertis in each sector below.
Data and Sources
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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