SpotDraft

SpotDraft

Award winning, AI-driven, end-to-end contract automation platform for companies of all sizes

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Industry
Software Development
Company size
350 people
Headquarters
New York +1 more
Founded
2017
Type
Privately Held
Total funding
$88.5M

SpotDraft is on a mission to build the future of how legal works. The way we do that is to make contracts feel a lot less like paperwork and a lot more like progress. Founded by Madhav Bhagat and Shashank Bijapur, SpotDraft reflects the founders’ own cross-continental journeys into law and technology. Shashank trained as a lawyer at Harvard Law School and worked in New York as a corporate lawyer. Madhav, a computer science graduate from Carnegie Mellon University, built his career as a software engineer in the U.S. That combination of a lawyer who lived the pain of contracting and an engineer who knows how to build for scale became the foundation of SpotDraft’s product philosophy. The platform is built for teams working under real pressure. Tight timelines, real risk, and real business impact. Its AI supports legal judgment, not replaces it, helping teams draft faster, review smarter, surface key clauses and obligations, and free up time to focus on what truly matters: advising the business, shaping decisions, managing risk with confidence, and collaborating better as true business enablers. But SpotDraft isn’t only for legal teams. Sales, procurement, HR, finance, and operations all work inside the same contract ecosystem; so collaboration becomes simpler, handoffs become cleaner, and deals move without friction. Everyone stays aligned, without needing another tool or another process. Simply put: SpotDraft doesn’t just manage contracts. It helps teams move with confidence. One well-designed agreement at a time.

SaaS Legal Technology Software Development Contract Automation Contract Management e-Signature Legal Operations Legal Tech Contract Process Automation Legal Task Management Workflow Automation Contract Management Software

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