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SirionLabs
Contract management and automation software
- 501-1000 employees
- B2B
- Enterprise
- Legal
- SaaS
- Automation
- West Bellevue, Bellevue, WA
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Company mission
SirionLabs is on a mission to change the way enterprises manage contracts.
7% employee growth in 12 months
Our take
Companies used to (and often still do) spend hundreds of thousands of dollars on lawyers, and people who can not only manage the contracts better, but also see to their compliance, renewal, and more. Now with Contract Lifecycle Management software, that process is both more streamlined and cheaper.
SirionLabs has been a pioneer in the space and is known for its impressive use of AI technologies like natural language processing to import and organize contracts, negotiations and contract review. The company is focused on developing a suite of products that continue to make legal teams’ lives easier. Recently that strategy has seen the welcome introduction of ‘draft risk scores’ based on clause selection and refined boilerplate commercial contracts.
The CEO, Agrawal, sees Ironclad, Conga and DocuSign CLM as SirionLabs’ chief rivals. However, the executive has claimed that the company is gaining momentum, with more than 250 customers including Qantas and Vodafone. Despite this the SirionLabs has not been immune to market turmoil. Following significant Series D funding, the company cut a large number of jobs to ensure long term sustainability, a move which has seen the company swiftly return to growth despite tough economic conditions
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Comprehensive health benefits for employees
- An Employee Stock Options Program (ESOPs)
- Flexible work environment
Company values
- One world. One team | Our teams are geographically dispersed across New York, Toronto, London, Frankfurt and New Delhi – but we are all connected through technology, creativity and spirit
- Work does not mean 9 to 5 | We believe in flexible schedules and open spaces. We go by individual tastes and customer needs, not by the clock. Work should always be amazing, 9 to 5 or 5 to 9
- We believe in what we do | Our team is geeky and quirky, authentic and intelligent, funny and focused. We come from different places but have a common purpose. We believe in the power of technology to simplify and to transform
Funding (last 2 of 5 rounds)
Jan 2023
$25m
SERIES D
Apr 2022
$85m
SERIES D
Total funding: $171m
Leadership
Aditya Gupta
(CTO)Prior to SirionLabs, worked as the VP of Engineering at Elevate Services. Also held senior positions at technology company, UnitedLex Corporation.
Kanti Prabha
(President)Previously worked as the Director of Software Development at UnitedLex where they were a founding employee in 2006. Graduated from the Indian Institute of Technology with an M.Sc in Chemistry.
Ajay Agrawal
(CEO)Previously co-founded successful technology company, UnitedLex generating $100M+ in enterprise value. Before that, was trained in law at Columbia and Cambridge universities and worked at law firm Simpson Thatcher & Bartlett.