Prosus Ventures Participates in $54M Series B Funding of SpotDraft

Gunderson Dettmer represented client Prosus Ventures as an investor in the $54 million Series B funding of SpotDraft, an India-based AI-powered contract lifecycle management platform built for in-house legal teams. The new capital will be allocated to drive growth and leadership talent acquisition.

In the announcement of the transaction, co-founder & CEO at SpotDraft Shashank Bijapur said, “We believe 2025 will be an inflection point for team SpotDraft. Apart from market expansion and talent growth, we’re strongly committed to deepening the use of AI in the product to help legal teams unlock efficiencies and drive innovation.”

The Gunderson Dettmer deal team was led by Jonathan Pentzien and included Kamna Kumar.

Companies:
Prosus
SpotDraft