SIRION-LABS

AI-first CLM India, ~$245M raised.

Definition

SirionLabs Platform: Pre-Signature (authoring, redlining, negotiation), Post-Signature (obligation management, performance, compliance, risk). AI Native automatic Performance Score on every contract. Adopted by BP, Vodafone, Unilever, Munich Re. Series D $110M raised September 2022 (total ~$245M) ; majority PE Avatar Holdings.

Origin

SirionLabs founded 2012 in Faridabad, India by Ajay Agrawal ; HQ Bellevue WA and Pune.

Example in context

Vodafone Group uses SirionLabs for 250000+ cross-Europe supplier contracts ; automatic SLA penalty tracking via AI.

Related terms

• Icertis CLM — direct competitor.