Contract life cycle management platform Ironclad is kicking off 2022 with extra capital in its coffers. The company today announced that it raised $150 million in a Series E funding round led by investment management firm Franklin Templeton.
In addition to Franklin Templeton, previous Ironclad investors BOND, YC Continuity, Emergence, Lux, Haystack, Accel and Sequoia Capital also participated in the round. Lead investor Franklin Templeton is also no stranger to the legal tech market, having previously participated in LegalZoom.com Inc.’s 2018 record-setting $500 million investment round.
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