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New Deal


Announced

Completed

Franklin Templeton led a $150m Series E funding round in Ironclad.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Productivity Software

Domestic

Private

Acquisition

Friendly

Minority

Venture Capital

United States

Completed

Software

Private Equity

Synopsis

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Franklin Templeton, an investment management firm, led a $150m Series E funding round in Ironclad, a developer of a contracting platform. Additional investors include BOND, YC Continuity, Emergence, Lux, Haystack, Accel, and Sequoia Capital. "We've been following the digital contracting space for years, and Ironclad is the clear leader. Other players have some components of the solution, but only Ironclad has the whole package. They are leading the field when it comes to vision, product innovation, and team, and we're excited to partner with them to build the dominant platform for all business-to-business contracting," Ryan Biggs, Franklin Templeton Managing Director.

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