Diligence memo · auto-generated · as of July 2, 2026
Ironclad, Inc.
Ironclad, Inc. has raised $23M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Ironclad, Inc. operates in Legaltech, based in SAN FRANCISCO, CA, USA. AI-powered contract management
Sub-sector tags: LegalTech, SaaS, ai/ml, legaltech.
Capital & rounds (filed)filed
Ironclad, Inc. has raised $23M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $23M on 2018-09-18.
Most recent recorded round closed around 2018-09-18.
Valuation (modeled)modeled
Provath models Ironclad, Inc. at approximately $531M (range $56M–$2.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 7.8 yr ago; this sector typically re-raises about every 5 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 95% of Legaltech peers (43 compared).
Modeled value ranks above 95% of those peers.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.