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

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.