# SpotDraft funding: rounds and investors

> SpotDraft has raised $9.5M across 2 rounds since 2018. Investors include Qualcomm Ventures, 021 Capital/ Girish Mathrubootham and Peeyush Ranjan.

Source: https://millionrounds.com/company/spotdraft (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *SpotDraft*

2 rounds we have observed, with the 3 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.

AI Enterprise Software Legaltech

Raised 9 months ago

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Funding summary Updated 7 Nov 2026

**$9.5M** raised across 2 rounds since 2018, from 2 sources

**$1.5M** Series A **$8.0M** Series B

- **Latest round:** Series B, $8.0M Jan 2026
- **Led by:** Qualcomm Ventures
- **Step-up i:** 5.3×
- **Investors:** 3 (1 led)

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.

2018 2020 2022 2024 2026

**$1.5M** Series A

**$8.0M** Series B

- **First round:** Series A, $1.5M
- **Biggest round:** $8.0M
- **Between rounds:** 7.9 years

## The rounds

- **Jan 2026** Series B **$8.0M** *1 new* [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Lead Reported by TechCrunch
- **Feb 2018** Series A **$1.5M** *2 new* 021 Capital/ Girish Mathrubootham Peeyush Ranjan Reported by Tech

## Founders and team

From SpotDraft's own website: 2 founders, 5 on the team.

**Shashank Bijapur** CEO and Co-Founder

**Madhav Bhagat** CTO and Co-Founder

- **Akshay Verma** COO
- **Amit Sharma** CFO
- **Alon Waks** VP, Customer Success
- **Mohammad Moiz** VP, Customer Success
- **Shreya Gupta** VP, Strategy

## 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.

**Series A** 2018 **Series B** 2026 [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) L 021 Capital/ Girish Mathrubootham Peeyush Ranjan

## Everyone who backed them

[Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) Corporate VC **1** round, led 1

021 Capital/ Girish Mathrubootham no record of our own yet **1** round

Peeyush Ranjan no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=spotdraft).

## Also claim to have backed them

These 2 firms list SpotDraft 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.

[Neon Fund](https://millionrounds.com/fund/neon-fund) VC firm Per its own site

[Xeed Ventures](https://millionrounds.com/fund/xeed-ventures) VC firm Per its own site

## Quick answers about SpotDraft

### Who invested in SpotDraft?

SpotDraft's investors include Qualcomm Ventures, 021 Capital/ Girish Mathrubootham and Peeyush Ranjan. Qualcomm Ventures led its latest round.

### How much has SpotDraft raised?

SpotDraft has raised $9.5M across 2 rounds since 2018.

### When did SpotDraft last raise?

SpotDraft's most recent round was a Series B of $8.0M in Jan 2026, led by Qualcomm Ventures.

### What was SpotDraft's biggest round?

Its most recent round, $8.0M in Jan 2026, is also its largest on record.

### Who backed SpotDraft first?

SpotDraft's first round on record, in Feb 2018, was backed by 021 Capital/ Girish Mathrubootham and Peeyush Ranjan.

### What stage is SpotDraft at?

SpotDraft's latest named round is a Series B, in Jan 2026.

### Where is SpotDraft based?

SpotDraft is based in the United States.

### Who led SpotDraft's rounds?

Qualcomm Ventures led the Series B in 2026.

## Companies like SpotDraft

In the same sector, and raised in the last eighteen months.

[**Uncovr** $12M · Nov 2026](https://millionrounds.com/company/uncovr)[**Ocient** $200M · Nov 2026](https://millionrounds.com/company/ocient)[**Shield AI** $6.0B · Nov 2026](https://millionrounds.com/company/shield-ai)[**Thinking Machines Lab** $9.0B · Nov 2026](https://millionrounds.com/company/thinking-machines-lab)[**firmly** $15M · Nov 2026](https://millionrounds.com/company/firmly)[**Siggy** $6.0M · Nov 2026](https://millionrounds.com/company/siggy)

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