2024 Revenue
$22.8M(Est.)
Funding
$2.1M
Team
260
Founded
2017
SpotDraft Revenue & Funding (2024)
Provider of an artificial intelligence-powered platform designed to draft and execute legal contracts. The company's platform advices businesses about their existing contracts, without any additional cost or fees and sends customized reminders and invoices, enabling businesses to get payment faster and avoid all the confusing paperwork.
Last updated
SpotDraft Revenue
In 2024, SpotDraft's revenue reached $22.8M. The company previously reported $14.4M in 2023. Since its launch in 2017, SpotDraft has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | SpotDraft Hit $22.8m revenue in October 2024 | Estimated |
| 2023 | SpotDraft Hit $14.4m revenue in December 2023 | Estimated |
| 2021 | SpotDraft Hit $4.6m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
SpotDraft Valuation, Funding Rounds
SpotDraft has not publicly disclosed its valuation. The company has raised $2.1M in total funding to date.
SpotDraft has raised $2.1M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $1.5M | - | - | |
| 2017 | Funding round | $550K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for SpotDraft yet.
SpotDraft Employees & Team Size
SpotDraft employs approximately 260 people as of 2026, up from 176 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 260 employees (December 2024) | |
| 2024 | Reached 176 employees (October 2024) | |
| 2023 | Reached 176 employees (December 2023) | |
| 2023 | Reached 176 employees (July 2023) | |
| 2022 | Reached 164 employees (December 2022) | |
| 2021 | Reached 68 employees (December 2021) | |
| 2021 | Reached 55 employees (April 2021) |
Frequently Asked Questions about SpotDraft
What is SpotDraft's revenue?
SpotDraft generates an estimated $22.8M in annual revenue.
Who founded SpotDraft?
SpotDraft was founded by Shashank Bijapur.
Who is the CEO of SpotDraft?
The CEO of SpotDraft is Shashank Bijapur.
How much funding does SpotDraft have?
SpotDraft raised $2.1M across 2 rounds.
How many employees does SpotDraft have?
SpotDraft has 260 employees.
Where is SpotDraft headquarters?
SpotDraft is headquartered in New York, New York, United States.
Compare SpotDraft to the industry
SpotDraft operates across multiple industries. Browse revenue, funding, and growth data for SpotDraft 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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