FundingApril 25, 2023Verified

Ironclad Raises $150M Series E (2023)

$150,000,000

Key Facts

Company
Ironclad
Sector
Enterprise AI
Country
United States
Round Type
Series E
Investors
Franklin Templeton, Sequoia, Accel, Y Combinator

Funding Round Overview

Ironclad announced a Series E round on April 25, 2023 totaling $150,000,000 led by Franklin Templeton. AI contract management platform Ironclad raised $150 million at $3 billion valuation. $150M at $3B valuation.

Deal Highlights

  • Capital involved: $150,000,000.
  • Round: Series E.
  • Investors: Franklin Templeton, Sequoia, Accel, Y Combinator.

Company and Sector Context

Ironclad builds in the enterprise ai sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $150M at $3B valuation. In enterprise ai, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in enterprise ai continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Ironclad for continued growth in the enterprise ai landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.

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