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How SpotDraft CEO Shashank Bijapur grew SpotDraft to $22.8M revenue with a 260 person team in 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.

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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.

SpotDraft Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M20172018201920202021202220232024$0$5M$14M$23MSource: GetLatka.com
YearMilestone
2024SpotDraft Hit $22.8m revenue in October 2024
2023SpotDraft Hit $14.4m revenue in December 2023
2021SpotDraft Hit $4.6m revenue in April 2021
2017Launched 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.

SpotDraft Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$500K$1M$2M$2M$3M2017201820192017 cumulative: $550K • 2017 Funding round: $550K2019 cumulative: $2M • 2017 Funding round: $550K • 2019 Funding round: $2M$2MSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$1.5M--
2017Funding round$550K--

SpotDraft Employees & Team Size

SpotDraft employs approximately 260 people as of 2026, up from 176 in 2023.

SpotDraft has 260 total employees in different roles and functions.

SpotDraft Team GrowthReported headcount over time0601201802403002017201820192020202120222023202400260260Source: GetLatka.com
YearMilestone
2024Reached 260 employees (December 2024)
2024Reached 176 employees (October 2024)
2023Reached 176 employees (December 2023)
2023Reached 176 employees (July 2023)
2022Reached 164 employees (December 2022)
2021Reached 68 employees (December 2021)
2021Reached 55 employees (April 2021)

Founder / CEO

Shashank Bijapur

Shashank Bijapur is listed as Founder / CEO at SpotDraft.

Q&A

QuestionAnswer
What's your age?-
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Advice for 20 year old self-

Customers

We do not have customer count information for SpotDraft yet.

Frequently Asked Questions about SpotDraft

What is SpotDraft's revenue?

SpotDraft generates $22.8M in 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.

How many employees does SpotDraft have?

SpotDraft has 260 employees.

Where is SpotDraft headquarters?

SpotDraft is headquartered in New York, New York, United States.

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Compare SpotDraft to the industry

SpotDraft operates across multiple industries. Browse revenue, funding, and growth data for SpotDraft in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

SpotDraft Revenue 2024: $22.8M ARR, $2.1M Raised