Sirion just inked a deal that reads less like a funding announcement and more like a thesis on where enterprisesoftware is finally growing up. A majority investment from Haveli Investments, valuing Sirion at roughly $1B. Not hype math. Grown-up math. The kind that only shows up after a decade of building, breaking, fixing, and scaling inside the parts of the enterprise most people pretend are “handled.” Contracts rarely are.
Ajay Agrawal did not wake up one morning chasing AI headlines. Ajay Agrawal lived inside the mess at UnitedLex and saw contracts treated like static PDFs instead of economic engines. Sirion came out of that friction, sharpened by Kanti Prabha’s operational discipline, Aditya Gupta’s engineering instincts, and Claude Marais’ global sourcing scar tissue. Four founders who understood contracts are not paperwork. They are performance, risk, margin, and trust hiding in plain sight.
Fast forward and Sirion manages 7M+ contracts worth nearly $800B across 250 global enterprises. Vodafone. Unilever. BP. IBM. BNY Mellon. Not logos for slides, but customers cutting disputes by 80% and manual effort by 60%. That is what happens when contracts stop sitting still and start talking back to the business.
agentOS and AskSirion are not branding exercises. They are why legal, procurement, sales, and finance teams can interrogate obligations instead of guessing. Search, draft, redline, extract, reconcile. Performance data meets invoice data meets the contract itself, and suddenly 6–12% of value leaks back into the P&L. Quietly. Reliably. At scale.
Haveli Investments does not write checks like this on vibes. Brian Sheth built that instinct at Vista, and Sumit Pande has seen enough global capital to recognize operational gravity when it shows up. Sirion is profitable, growing 40%+ annually, and sitting exactly where AI-native software meets enterprise accountability. That is why this is a majority investment, not a date.
The Eigen Technologies acquisition and Lewis Z. Liu stepping in as Chief AI Officer pushed Sirion beyond contracts into full document intelligence, creating one of the largest labeled contract datasets on the planet. London and New York research hubs are not vanity. They are signal. This is about moving from knowing what was signed to knowing what is actually happening.
This is how categories harden. Analysts notice. Gartner. Forrester. Deloitte. Spend Matters. But the real tell is simpler. Contracts finally behave like the source of truth they were always supposed to be. Sirion did not chase noise. Sirion chased clarity, and clarity just got backed by ~$900M of conviction.
Startups Startup Funding Venture Capital AI Legal Legal Tech Procurement Enterprise Enterprise Tech Enterprise AI SaaS Data Data Driven Technology Innovation Tech Ecosystem Startup Ecosystem DCTalks
