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SaaS · Bengaluru, Karnataka

SpotDraft

AI-driven contract-lifecycle-management platform for in-house legal teams.

Founded by Riddhi Kanoi

Snapshot

Founded
2017
Industry
SaaS
Business model
B2B SaaS (legal tech)
Funding stage
Series B
Markets
India, Global
Last updated
26 June 2026

About SpotDraft

Founded in 2017, SpotDraft is a women-led B2B software (SaaS) company headquartered in Bengaluru, Karnataka. SpotDraft was founded by Riddhi Kanoi. It operates on a B2B SaaS model, serving businesses. The company has reached the Series B stage.

Founder

Riddhi Kanoi

Woman Founder

Co-founder

Co-founders: Shashank Bijapur — Co-founder & CEO; Rohith Salim and Madhav Bhagat — Co-founders.

Industry classification

SaaS Contract Management

Funding

Total raised~$113M (Series B)Latest roundSeries B

Investors: Vertex Growth, Premji Invest, Prosus Ventures, Arkam Ventures

Ideal customers

Businesses (B2B)

Typical customer segments for a saas company.

Website, social

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Frequently asked questions

What does SpotDraft do?
Founded in 2017, SpotDraft is a women-led B2B software (SaaS) company headquartered in Bengaluru, Karnataka. SpotDraft was founded by Riddhi Kanoi. It operates on a B2B SaaS model, serving businesses. The company has reached the Series B stage.
Who founded SpotDraft?
SpotDraft was founded by Riddhi Kanoi.
Where is SpotDraft headquartered?
SpotDraft is headquartered in Bengaluru, Karnataka, India.
Is SpotDraft funded?
Yes — SpotDraft is venture-funded and has reached the Series B stage.
When was SpotDraft founded?
SpotDraft was founded in 2017.