SaaS start-up Icertis aims at $50 billion valuation, global domination

The global market for Contract Lifecycle Management is estimated at $3 bn

Software as a Service (SaaS) start-up Icertis which has quietly come to dominate the contract contract lifecycle management market among Fortune 5000 companies is aiming even higher - it is looking at a $50 billion valuation in the next five to seven years.  

The company shot into the limelight recently when it raised funding from SoftBank. After that, Icertis raised money from SAP which helped its valuation to hit $5 billion.

Contract Lifecycle Management (CLM) helps companies by automating all the contracts that they enter into and providing intelligence to minimise risks, make more informed business decisions, improve accuracy, and