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AI firm SirionLabs' valuation crosses $300 mn after fresh funding

The Gurugram-based company has raised $44 million in a funding round led by Tiger Global, Avatar Growth Capital.

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SirionLabs’ team consists of over 500 employees working across 8 locations in India, the US, the UK, Canada, the Netherlands, Denmark and Singapore

Peerzada Abrar Bengaluru
SirionLabs, which provides artificial intelligence technology to companies such as Vodafone, Unilever and Credit Suisse to manage millions of contracts, has raised $44 million in a Series C funding round led by Tiger Global and Avatar Growth Capital. The round brings the valuation of the Gurugram-based company to about $300 million, according to sources.
 
SirionLabs, an AI-powered contract lifecycle management (CLM) platform said the new capital would be used to enhance engineering capabilities to fuel technology innovation and grow sales. The company also announced the launch of its new Seattle-based Technology CentrE and the growth of its leadership team. SirionLabs