Archive · 1 Sep 2025
Hunch Ventures Exits SpotDraft After Series B Fundraise
Hunch Ventures, an investment company, sold its shares in SpotDraft, an AI company that helps with managing contracts.
This happened after SpotDraft raised a lot of money in its Series B funding round.
Hunch Ventures was one of the first to invest in SpotDraft, and this move shows they made a good return on their investment.
SpotDraft helps businesses manage their contracts using AI.
It's used by over 400 companies worldwide.
The founder of Hunch Ventures said they are pleased to have been part of SpotDraft's journey.
Hunch Ventures has exited its investment in SpotDraft.
The exit follows SpotDraft's Series B funding round.
Hunch Ventures was a seed investor in SpotDraft since 2017.
SpotDraft is an AI-powered contract lifecycle management platform.
SpotDraft has been recognized by Fast Company and Forbes Asia.
- Who
- Hunch Ventures and SpotDraft
- What
- Hunch Ventures announced its successful exit from SpotDraft following SpotDraft’s Series B fundraise.
- When
- September 2024
- Where
- New Delhi, India; Bengaluru, India; and New York, USA
- Why
- To realize a return on investment from an early-stage investment in SpotDraft.
- Investor
- Hunch Ventures
- Company
- SpotDraft
- Exit Announced
- September 2024
- SpotDraft Series B Funding
- $54 million
- SpotDraft's CLM clients
- 400+ organizations worldwide
- SpotDraft HQ
- Bengaluru, India