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Icertis

From EverybodyWiki Bios & Wiki


Icertis
Founded2009[1][2]
HeadquartersBellevue, Washington
United States
Key people
IndustryInternet Software and Services
Websitewww.icertis.com

Icertis is a software company, providing contract management software to enterprise businesses. The company is headquartered in Bellevue, Washington[5][6][7] with 12 offices globally; including an engineering office in Pune, India,[3][8] new offices in Singapore and Sydney, and 3 support centers (the most recent support center opened in Sofia, Bulgaria[9]).

Icertis[10] was founded in 2009 by Samir Bodas[11][12] and Monish Darda.[3][13][14]

The Icertis Contract Lifecycle Management (ICLM) product has been built on the Microsoft Azure cloud-computing platform and is aimed at improving contract management efficiency and compliance, providing access to contract lifecycle information across many device types including smartphones and tablets.[3][15][16][17] According to Microsoft, whch has deployed ICLM globally, the system can assist in the management of "hundreds of thousands of contracts".[3]

Icertis claims to provide intelligent contract authoring. In the future, they intend to use blockchain technologies to enable basic contract management functions through a shared ledger, which would offer universal performance tracking and ratings.[18]

Funding

Funding Round Date Net received References
Series A April 2015 US$6 million [19][20][21]
Series B March 2016 US$15 million [22][23][24]
Series C March 2017 US$25 million [25][26][27][28]
Series D February 2018 US$50 million [29]

Icertis key investors are B Capital Group, Ignition Partners, Eight Roads Ventures, Greycroft Partners, E.ventures, Meritech Capital Partners, PSP Growth, and Cross Creek Advisors

The Series C funding was led by B Capital Group with super pro-rate participation from existing investors Ignition Partners, Greycroft in partnership with e.ventures and Eight Roads Ventures.

The Series D funding was led by Meritech Capital Partners with participation from PSP Growth and Cross Creek Advisors.

Awards

  • Forrester: Leader in Contract Lifecycle Management, 2016[30], 2019[31]
  • Gartner Cool Vendor, 2015[32][33]
  • Technology Innovation on cloud award – Feb 24, 2014
  • Procurement Software Solution Provider of the Year – Sep 29, 2014[34]
  • Best software solution in contract management award - Sep 27, 2013[35][36]
  • Microsoft US Partner of the Year 2018, and Manufacturing Partner of the Year 2018 finalist[37]
  • Seattle Business Magazine Best Place to Work 2017, 2018[38]
  • 50 Highest Rated Private Cloud Computing Companies to Work For by Glassdoor and Battery Ventures[39]

References

  1. ↑ "Startup Amsterdam Company Portfolio - Icertis".
  2. ↑ "Icertis Applied Cloud: Contract management services for ITRoadMap".
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Staff (May 5, 2012). "Icertis develops contract lifecycle management product for Microsoft". Business Standard. India. Retrieved 2 Dec 2019.
  4. ↑ 4.0 4.1 4.2 4.3 "Leadership - Icertis".
  5. ↑ "Contact Us - Icertis".
  6. ↑ "Icertis: Number 2119 on the 2015 Inc. 5000". Inc.com. Retrieved 2016-12-19.
  7. ↑ "Company Icertis News, Employees and Funding Information, Bellevue, WA". www.vbprofiles.com. Retrieved 2016-12-19.
  8. ↑ "Icertis Solution Pvt Ltd, Pune | Company & Contact Details | datapark.co.in". www.datapark.co.in. Retrieved 2016-12-19. Unknown parameter |url-status= ignored (help)[permanent dead link]
  9. ↑ "Icertis Launches Sofia Customer Support Center to Serve Fast Growing Region". Contract Lifecycle Management - Icertis. 2018-06-28. Retrieved 2018-11-09.
  10. ↑ "Icertis Inc: Company Profile". Bloomberg. Retrieved 2016-12-19.
  11. ↑ "Samir Bodas: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2016-12-19.
  12. ↑ ""We are at the forefront of innovation with born-in-the-cloud enterprise applications"- Mr. Samir Bodas, CEO & Co-Founder, Icertis | Technuter". Technuter. Retrieved 2016-12-19.
  13. ↑ "Monish Darda: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2016-12-19.
  14. ↑ "Interview with Monish Darda, Founder of Contract Management Software Product Company ICERTIS | punetech.com". punetech.com. Retrieved 2016-12-19.
  15. ↑ "Icertis, Microsoft Ally For CityNext Initiative - Firstpost". Firstpost. 2013-08-20. Retrieved 2016-12-19.
  16. ↑ Forrest, Conner. "Ex-Microsoft employee's contract management startup Icertis raises $6 million | ZDNet". ZDNet. Retrieved 2016-12-19.
  17. ↑ "Technology Firm Transforms Business with Scalable Cloud Solution".
  18. ↑ "Blockchain and the Future of P2P Networks". Spend Matters. 2016-11-09. Retrieved 2016-12-19.
  19. ↑ Staff (April 29, 2015). "Icertis raises $6 million; to go for $20 million funding in 12–18 months". The Economic Times. New Delhi, India: Bennett, Coleman & Co. Ltd. Retrieved 2 Dec 2019. Icertis will utilise the funding scale up its sales, marketing and technology team across the US, India and Europe. (sub-title)
  20. ↑ "Icertis, Thomson Reuters partnership provides compliance screening | Compliance Week". www.complianceweek.com. Retrieved 2016-12-19.
  21. ↑ "Cloud-based enterprise software startup Icertis secures $6M from Greycroft, Fidelity". Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding. 2015-04-28. Retrieved 2016-12-19.
  22. ↑ Shu, Catherine. "Contract management software maker Icertis raises $15M Series B". TechCrunch. Retrieved 2016-12-19.
  23. ↑ "Bellevue software-maker Icertis pulls in $15 million in funding". The Seattle Times. 2016-03-10. Retrieved 2016-12-19.
  24. ↑ "Enterprise SaaS company Icertis raises $15M in latest fundraise - Times of India". The Times of India. Retrieved 2016-12-19.
  25. ↑ "Enterprise SaaS firm Icertis raises $25 million led by Facebook co-founder's VC fund- Times of India". The Times of India. Retrieved 2017-03-29.
  26. ↑ Sangani, Priyanka. "Icertis raises ₹175 cr in series c funding". ET Tech. Retrieved 2017-03-29.
  27. ↑ Toms, Manu. "Facebook co-founder Saverin's VC firm B Capital leads $25 mn round in Icertis". VCCiRCLE. Retrieved 2017-03-29.
  28. ↑ Cook, John. "Cloud-based enterprise contract management company Icertis scores $25M". GeekWire. Retrieved 2017-03-29.
  29. ↑ "Icertis raises $50M, looks to become the Salesforce of contract management". GeekWire. 2018-02-08. Retrieved 2018-11-09.
  30. ↑ "The Forrester Wave™: Contract Life-Cycle Management, Q3 2016". www.forrester.com. Retrieved 2016-12-19.
  31. ↑ https://www.forrester.com/report/The+Forrester+Wave+Contract+Lifecycle+Management+For+All+Contracts+Q1+2019/-/E-RES143011#. Missing or empty |title= (help)
  32. ↑ "Icertis Named a "Cool Vendor" by Gartner - Microsoft Enterprise". English (en-ca). Retrieved 2016-12-19.
  33. ↑ "Icertis Named a "Cool Vendor" by Gartner". www.pocketnewsalert.com. Retrieved 2016-12-19.
  34. ↑ "Icertis wins Procurement Software Solution Provider of the Year Award". businesswireindia.com. Retrieved 2016-12-19.
  35. ↑ "7th Express, Logistics & Supply Chain Leadership Awards,2013 -- Best Software Solution in Contract Management".
  36. ↑ "Icertis' Cloud Product Earns Best Contract Management Solution Award". 2013-10-02. Archived from the original on 2018-05-28. Unknown parameter |url-status= ignored (help)
  37. ↑ "Awards". partner.microsoft.com. Retrieved 2018-11-09.
  38. ↑ "100 Best Companies to Work For 2018 | Seattle Business Magazine". www.seattlebusinessmag.com. 2018-06-28. Retrieved 2018-11-09.
  39. ↑ "Behind the "50 Highest Rated Private Cloud Companies to Work For" List - Powered by Battery". www.battery.com. Retrieved 2018-11-09.

External links


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