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Icertis raises $75 million as a SaaS Unicorn.

Anand

Anand

Icertis funding

Icertis, the market leader in contract management software as a service (SaaS), has raised $75 million in debt financing, according to documents filed with the US Securities and Exchange Commission. After Icertis raised an undisclosed amount from German software giant SAP SE in January, the debt materialised.

Icertis funding


Icertisis is a cloud-based enterprise contract management tool that offers simple solutions to complex contract administration issues. B Capital Group, Greycroft, and Premji Invest are other investors in Icertis.


The company will enhance net revenue retention and expand its market share in the US, UK, and other markets, including India, over the next three years. The US and UK account for more than 90% of the company’s business.


Japan’s SoftBank Vision Fund purchased shares from Eight Roads, an existing Icertis investor, in September 2022 for about $5 billion.


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Anand

Anand

In my role at TBC Consulting in Jaipur, I implemented SEO strategies, managed teams, and ensured project success. Concurrently, at Digiperform in Gorakhpur, I've trained over 60 students in digital marketing, focusing on practical applications in SEO, SMO, SMM, PPC, and Email Marketing. My expertise lies in creating effective web solutions and guiding digital marketing learners.

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