SirionLabs, the global leader in artificial intelligence (AI)-powered contract lifecycle management (CLM), today announced a fresh round of $85 million in Series D funding led by Partners Group, a leading global private markets firm, acting on behalf of its clients, with participation from existing investors Avatar Capital, Sequoia Capital and Tiger Global. This brings the total raised by SirionLabs to $157 million – a significant milestone for the company since it was founded in 2012 by entrepreneurs Ajay Agrawal, Kanti Prabha, Aditya Gupta and Claude Marais as it more than doubles the company’s capitalization. The investment will enable SirionLabs to continue expanding its leadership position in the rapidly growing enterprise CLM market, which is projected to reach $3.3 billion by 2027.
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