Ironclad was founded in 2015 by Cai GoGwilt and Jason Boehmig. Following a $150 million fundraising round in 2022, CEO Boehmig told Forbes that the company had hired its first CFO in preparation for an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Ironclad is a contract lifecycle management platform. The software allows businesses to create and execute contracts while continuously ensuring that they meet compliance requirements. In 2019, Ironclad was named to Forbes' Cloud 100 Rising Stars list. The company acquired PactSafe in 2021, a digital signature platform. Ironclad has raised more than $330 million in venture capital funding from investors including Franklin Templeton, Accel, Sequoia, Emergence Capital, Bond Capital, Y Combinator, Lux Capital Management, and Haystack. As of January 2022, the company is valued at $3.2 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/18/2022 | Series E | $150MM | $xx.xx | $3.29B | Accel, Bond, Emergence, Franklin Templeton, Haystack, Lux, Sequoia Capital, Yc Continuity | |
Price per Share
$xx.xx
Shares Outstanding
65,772,161
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Bond, Emergence, Franklin Templeton, Haystack, Lux, Sequoia Capital, Yc Continuity
|
||||||
01/14/2021 | Series D | $100MM | $xx.xx | $1.03B | Accel, Bond Capital, Emergence Capital, Lux Capital, Sequoia Capital, Y Combinator Continuity | |
Price per Share
$xx.xx
Shares Outstanding
125,502,003
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Bond Capital, Emergence Capital, Lux Capital, Sequoia Capital, Y Combinator Continuity
|
||||||
09/17/2019 | Series C | $50MM | $xx.xx | $398.48MM | Accel, Emergence Capital, Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
129,366,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Emergence Capital, Sequoia Capital, Y Combinator
|
||||||
01/30/2019 | Series B | $22.75MM | $xx.xx | $112.75MM | Accel, Polymath Capital Partners, Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
171,957,672
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Polymath Capital Partners, Sequoia Capital, Y Combinator
|
||||||
08/02/2017 | Series A | $12.88MM | $xx.xx | $27MM | 500 Startups, Accel, Greylock Partners, Seven Seas Partners, Soma Capital, Uphonest Capital | |
Price per Share
$xx.xx
Shares Outstanding
282,413,849
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Accel, Greylock Partners, Seven Seas Partners, Soma Capital, Uphonest Capital
|