Ironclad Raises $150M Series E (2023)
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.