Software Startup Ironclad Secures $11 Million

Ironclad announced the close of $11 million in Series A financing. Two investors contributed to the round, including Accel Partners.

Ironclad provides software that performs administrative work better left for a robot, freeing legal teams to do more substantive work and drive business strategy. By automating contracting processes and extracting intelligence from contracts, Ironclad allows legal teams to focus on legal work rather than paperwork. Legal teams at companies like Gusto, HotelTonight, GoFundMe, Glassdoor, and Procore use Ironclad to get their contracts done more efficiently and accurately, and to maintain a single repository for content.