The company intends to use the funds to continue expanding its leadership position in the enterprise CLM market, scaling operations, which includes adding up to 200 employees to its global workforce, product innovation in AI and user experience (UX).
Founded in 2012 by entrepreneurs Ajay Agrawal, Kanti Prabha, Aditya Gupta and Claude Marais, SirionLabs provides businesses with an AI based configurable Smarter Contracting platform which brings legal, procurement, sales, and business teams together to author contracts, improve risk management and strengthen counterparty relationships. Core capabilities for contracting professionals across a range of industries include: SirionLabs is used by over 250 organizations to manage 5+ million contracts worth more than $450 billion across 70+ countries.11/05/2022
