Vertex Growth and Trident led a $54m Series B round in SpotDraft.

Synopsis

Two private equity firms Vertex Growth and Trident, led a $54m Series B round in SpotDraft, a software development company, with participation from Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest. "We believe 2025 will be an inflection point for team SpotDraft. Apart from market expansion and talent growth, we're strongly committed to deepening the use of AI in the product to help legal teams unlock efficiencies and drive innovation," Shashank Bijapur, SpotDraft CEO.

Principals

target

SPOTDRAFT

bidder

Vertex Growth Fund

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Market Context

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Seller Team (3)

pankaj naik

Executive Director at Avendus

Financial Advisor

target

Deals

£ 992 M

Total Value

shashank bijapur

CEO at SPOTDRAFT

Manager

target

Deal

£ 44 M

Total Value

annapoorna ramanath

Media Contact at SPOTDRAFT

Manager

target

Deal

£ 44 M

Total Value

Bidder Team (1)

james lee

General Partner at VERTEX GROWTH FUND

Investor

bidder

Deals

£ 9.28 B

Total Value

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