Mumbai : SpotDraft, the AI-powered contract lifecycle management (CLM) platform, today announced the appointments of Alon Waks as Chief Marketing Officer and Amit Sharma as Chief Financial Officer, marking a significant step in the company’s global growth strategy. These leadership additions come as SpotDraft strengthens its expansion across the Americas, EMEA, and India, following its $54 million Series B funding round earlier this year.
The appointments follow a period of rapid scale for SpotDraft, which has achieved 100% year-over-year growth in customer acquisitions, serving global companies including Apollo.io, IPSY, Mixpanel, Oyster, and Panasonic. With adoption of AI-powered contract intelligence accelerating globally, both executives bring deep experience in scaling high-growth SaaS businesses.
Alon Waks Joins as Chief Marketing Officer
Waks brings over two decades of experience driving growth for leading B2B SaaS companies, having held leadership roles at Kustomer, Bizzabo, CreatorIQ, LivePerson, and ZoomInfo. His background spans enterprise demand generation, category creation, brand strategy, and international expansion.
As CMO, Waks will lead SpotDraft’s global marketing initiatives, focused on building brand visibility, scaling demand generation across key markets, and positioning the platform as the category leader in AI-powered CLM.
“I’ve spent my career helping B2B companies scale, and what impressed me most about SpotDraft is how fanatical the team is about customer outcomes,” said Waks. “The platform doesn’t just automate contracts, it fundamentally changes how legal teams operate and how they’re perceived within their organizations. That’s a story worth telling, and a market ready to listen.”
Amit Sharma Appointed as Chief Financial Officer
With more than 20 years of financial leadership experience in scaling technology companies, Amit Sharma joins SpotDraft to oversee financial operations, strategic planning, and investor relations. He has deep experience in financial structuring, acquisitions, and fundraising from his long career in startups since 2016.
“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,” said Sharma. “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’s platform processes over one million contracts annually, with contract volumes growing 173% year-over-year and nearly 50,000 monthly active users. The company was recognized among Fast Company’s Most Innovative Companies in 2024 and has raised $84 million to date from investors including Vertex Growth Singapore, Trident Growth Partners, Xeed VC, Arkam Ventures, and Prosus Ventures.
This momentum positions SpotDraft to capture a meaningful share of the global legal tech market, which is projected to exceed $63 billion by 2032, with CLM among the fastest-growing categories.
“These executive appointments represent a significant milestone in SpotDraft’s growth journey,” said Shashank Bijapur, co-founder and CEO of SpotDraft. “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. 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 enhanced leadership team will focus on:
- Scaling go-to-market efforts across the Americas to meet rising mid-market and enterprise demand
- Establishing category leadership in EMEA
- Accelerating AI product innovation for General Counsels and legal operations teams
