SpotDraft raises $54 million from Vertex Growth, Trident Partners, others

Existing investors, such as Flipkart cofounder Binny Bansal’s Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest, also participated in this round. SpotDraft provides an AI-driven contract automation platform aimed at helping in-house legal teams manage different aspects of the contracting process.