SpotDraft Names Amit Sharma as CFO as AI Contract Management Demand Accelerates

• SpotDraft has named Amit Sharma as Chief Financial Officer as the AI-powered CLM platform accelerates global expansion efforts.
• Sharma will oversee financial operations and strategic planning following SpotDraft’s year of 100 percent customer growth.
• The company says rising enterprise demand for AI-driven contract automation is shaping its expansion across the US, EMEA and India.

SpotDraft has appointed Amit Sharma as its new Chief Financial Officer as the AI-powered contract lifecycle management platform pushes into its next phase of global expansion. The move follows a year of rapid customer growth and comes alongside the hiring of Alon Waks as Chief Marketing Officer.

The appointments arrive less than a year after SpotDraft closed its $54 million Series B round. According to the company, it has recorded 100% year-over-year growth in customer acquisition and is now serving clients across the United States, Europe, the Middle East, and India. Its customer list includes Apollo.io, IPSY, Mixpanel, Oyste,r and Panasonic.

Sharma, who has spent more than two decades in finance roles within scaling technology companies, will oversee financial operations, strategic planning and investor relations. He has been involved in startups since 2016, working across financial structuring, acquisitions and fundraising.

In a statement, Sharma said,

“SpotDraft has built a rare combination of strong unit economics, an expanding customer base, and a massive addressable market that’s just beginning to embrace AI-powered solutions. The fundamentals are exceptional, and my focus will be on ensuring we have the financial infrastructure and strategic framework to capture this opportunity at scale.”

SpotDraft says its platform now processes more than one million contracts annually, with volumes growing 173% year-over-year and nearly 50,000 monthly active users. The company has raised $84 million to date from investors including Vertex Growth Singapore, Trident Growth Partners, Xeed VC, Arkam Ventures, and Prosus Ventures.

CEO Shashank Bijapur said the new executive hires mark an important stage in the company’s growth.

“As SpotDraft scales across the Americas, EMEA and India, Alon and Amit bring the strategic expertise and operational rigor needed to capitalize on the massive opportunity ahead,” Bijapur said. “Their leadership will be instrumental as we continue building the future of contract management, one where AI genuinely transforms how legal teams work, not just adds complexity.”

The company says it will focus on three priorities over the coming year: strengthening go-to-market efforts in the Americas to meet growing enterprise demand, expanding its position in EMEA and accelerating development of AI capabilities for legal teams.

Editorial Note: This news article has been written with assistance from AI. Edited & fact-checked by the Editorial Team.

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