Ironclad, a San Francisco, CA-based provider of a SaaS platform that turns contracts into code, raised $8M in Series A funding.
The round, which brings total funding to over $11m, was led by Accel. As part of the funding, Accel’s Steve Loughlin will join Ironclad’s Board of Directors.
Led by Jason Boehmig, CEO and co-founder, and co-founder and CTO Cai GoGwilt, Ironclad provides legal, sales, and operations teams with a SaaS-based platform that turns contracts into templates that anyone—marketers, salespeople, human resource professionals—can use to start a contract and see it through to completion.
The system also identifies key terms and entities, turning “contracts into code” and allowing users to search, tag, and manage their contracts as they would other pieces of business data.
Today, Ironclad powers contracts workflows at hundreds of companies including Gusto, HotelTonight, GoFundMe, Glassdoor, and Procore.
Other investors in the company include Greylock, SV Angel, and Formation 8.