Ironclad
Ironclad provides an AI-powered contract lifecycle management (CLM) platform that automates workflows for creating, negotiating, and managing agreements.
Secondary Market Price
Secondary Market Price
How Ironclad Measures Up
To help you manage your Ironclad equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are still gathering data and evaluating our rating for Ironclad. Check back soon for our projection on the company's worth four years from now.
Exit Risk
TBD
We are still gathering data on Ironclad to train our machine learning model. Check back soon for our exit risk rating for Ironclad!
Funding Stage
Series E
Since Ironclad is at the Series E stage, it's a well-established company offering more stability than a brand-new startup. This means you'd be joining a company focused on scaling its successful product rather than one still trying to find its footing.
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Prospect Projected Future Ironclad Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Ironclad's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
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Company Description
Ironclad is a technology company that develops and provides an AI-powered contract lifecycle management (CLM) platform. The software is designed to help legal, sales, procurement, and finance teams automate workflows for creating, negotiating, and managing contracts. Its core offerings include the main CLM platform, an AI legal assistant named Jurist for drafting and research, and an integrated e-signature solution. Founded in 2014 by Jason Boehmig and Cai Wangwilt, the San Francisco-based company was originally known as Potrero Labs and participated in an accelerator program in 2015. Since then, Ironclad has raised over $330 million in funding and acquired the company PactSafe in 2021, growing to a staff of over 700 employees.
The company's recent activities indicate a strong focus on expanding the application of artificial intelligence in legal and procurement processes. Ironclad has been hosting and promoting industry events, including a virtual roundtable on the state of AI in procurement with leaders from Anthropic and Cloudflare, and a masterclass on using metrics to prove the strategic value of legal teams. These events, coupled with ongoing patent filings related to machine learning models for contract analysis, point toward continued innovation on its platform. The company has also gained recognition from industry analysts at Forrester, Gartner, and IDC as a leader in the CLM category.
- Sequoia Capital
- Accel
- Y Combinator
- Lux Capital
- Franklin Templeton
- BOND
- Emergence
- Haystack
- Co-Founder, Jason Boehmig
- Co-Founder, Cai GoGwilt
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Ironclad worth joining?
Determining if Ironclad is a good fit depends on its growth prospects, company culture, and your personal career goals. A platform like Prospect can help you evaluate the potential value of your equity by providing data-driven insights similar to those used by venture capitalists.
What should I do with my Ironclad stock?
Managing private stock like Ironclad's involves creating a strategy around your financial goals, tax implications, and potential liquidity events. Tools from Prospect can help you model different scenarios, optimize for taxes, and make informed decisions about exercising options or selling shares.
Can you sell Ironclad stock?
Selling stock in a private company like Ironclad is typically possible through company-sanctioned tender offers or on secondary markets, though it is less straightforward than selling public stock. Platforms like Prospect provide tools to navigate tender offers and access secondary market pricing to help you decide when and how much to sell.
How can I find the value of my Ironclad stock?
The value of private stock is typically based on the company's most recent 409A valuation, the price set in its latest funding round, or prices on secondary markets. You can use a platform like Prospect, which uses proprietary models and data similar to VCs to project the future value of your shares.
What is Ironclad's equity worth?
The precise worth of Ironclad's equity depends on its current valuation, which is influenced by factors like its performance, market conditions, and recent funding rounds. To get a clearer picture, you can use resources like Prospect, which analyzes company data to provide independent projections on what your equity is likely to be worth.
What is Ironclad's stock ticker symbol?
As a private company, Ironclad is not traded on a public stock exchange and therefore does not have a stock ticker symbol. Ticker symbols are only assigned to companies once they complete an Initial Public Offering (IPO).
Can I buy or sell Ironclad stock?
Buying or selling stock in a private company like Ironclad is restricted and not as simple as trading public shares. Opportunities to sell are typically limited to company-approved events like tender offers, while buying is usually reserved for accredited investors in funding rounds or on secondary markets.
What is the criteria to buy or invest in Ironclad stock?
Investing in a private company like Ironclad is typically restricted to accredited investors and venture capital firms during official fundraising rounds. Employees may also receive equity as part of their compensation, which is another primary way to hold stock in the company before an IPO.
