United States · Series E startup

Who invested in Ironclad

3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AILegaltech

Valuation: $3.2B, Mar 2026Y Combinator: S15

Funding summaryUpdated 26 Oct 2026

$181Mraised across 3 rounds since 2017, from 3 sources

$8.0MSeries A$23MSeries B$150MSeries E
Latest round
Series E, $150MJan 2022
Step-upi
6.5×
Investors
5
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019202020212022
$8.0MSeries A$23MSeries B$150MSeries E
First round
Series A, $8.0M
Aug 2017
Biggest round
$150M
Series E · Jan 2022
Usual gap between rounds
2.9 years
the median of 2

The rounds

  1. Jan 2022
  2. Jan 2019
    Series B$23M1 new

    Reported by BlogSEC filing: $23M sold, first sale Sept 2018

  3. Aug 2017
    Series A$8.0M1 new

    Reported by FinSMEs

Founders and team

From Ironclad's own website and the SEC filings it signed: 11 on the team.

  • Dan SpringerChief Executive Officer
  • David SimonSenior Vice President, Americas
  • Eduardo CrespoGeneral Manager and Senior Vice President, EMEA
  • Dimitry DukhovnyChief Information Security Officer
  • Elise BergeronChief Marketing and Strategy Officer
  • Helen WangChief Financial Officer
  • Herman ManChief Product Officer
  • Mike JordanChief People Officer
  • Sunita VermaChief Technology Officer
  • Jasmine SinghGeneral Counsel
  • Jason BoehmigExecutive Officer, Directori

On the board, as filediCai GoGwiltJess LeeSteve Loughlin

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Sequoia CapitalVC firm2rounds
AccelVC firm2rounds
Y CombinatorAccelerator1round
Franklin TempletonPrivate equity1round
Emergence CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 8 firms list Ironclad as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Mercury FundVC firmPer its own site
Webb Investment NetworkFamily officePer its own site
Elevate VenturesAngel networkPer its own site
Peak State VenturesVC firmPer its own site
Locus VenturesVC firmPer its own site
One Planet VCVC firmPer its own site
One Planet GroupAngel networkPer its own site
Urban Capital NetworkVC firmPer its own site

Quick answers about Ironclad

Who invested in Ironclad?

Ironclad's investors include Sequoia Capital, Accel, Y Combinator, Franklin Templeton and Emergence Capital.

How much has Ironclad raised?

Ironclad has raised $181M across 3 rounds since 2017.

When did Ironclad last raise?

Ironclad's most recent round was a Series E of $150M in Jan 2022.

What was Ironclad's biggest round?

Its most recent round, $150M in Jan 2022, is also its largest on record.

Who backed Ironclad first?

Ironclad's first round on record, in Aug 2017, was backed by Accel.

What stage is Ironclad at?

Ironclad's latest named round is a Series E, in Jan 2022.

Where is Ironclad based?

Ironclad is based in the United States.

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