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Spot Draft Appoints Alon Waks As Chief Marketing Officer and Amit Sharma As Chief Financial Officer

PRIVATEDec 03, 2025•7 months ago

Position

Chief Financial Officer

Company

SpotDraft

Amit Sharma

Bengaluru

Description

SpotDraft has announced the appointments of Alon Waks as Chief Marketing Officer and Amit Sharma as Chief Financial Officer to strengthen its leadership team. These strategic hires are aimed at accelerating the company's growth across the Americas, EMEA, and India following a successful funding round.

Company Information

Company

SpotDraft

Location

Bengaluru, Karnataka, India

About

Launched in 2017 by Shashank Bijapur, Madhav Bhagat and Rohith Salim, the company today closed a $26 million Series A funding round led by Premji Invest, which also had participation from Prosus Ventures, 021 Capital, Arkam Ventures, Riverwalk Fund and 100x Entrepreneur Fund. Bijapur claims that SpotDraft’s AI has processed over 1 million contracts to date — data that the company’s using (anonymously) to improve its algorithms. “Not all companies out there require a full-fledged CLM yet. With $30.5 million in the bank, SpotDraft says that it’ll invest in product development and “aggressive growth” in North America, aiming to double its 170-person headcount within the next 18 months. SpotDraft currently has “hundreds of customers” and tens of thousands of daily active users, Bijapur added. SpotDraft is one of a growing number of CLM vendors trying to stand out in the increasingly crowded field.

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