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Madhav Bhagat
Co-founder & CTO @ SpotDraft. Building tech that supercharges your contracts. @CMU CS Alum.
Madhav Bhagat is the Co-Founder and Chief Technology Officer (CTO) of SpotDraft, a company that specializes in contract lifecycle management solutions. He has been with SpotDraft since its inception in November 2016, playing a pivotal role in developing technology that enhances contract management for businesses, including notable clients like Airbnb and Notion.12
Background and Education
Madhav graduated from Carnegie Mellon University with a Bachelor's degree in Computer Science in 2011. His educational background laid a strong foundation for his career in technology and software development.12
Professional Experience
Before co-founding SpotDraft, Madhav worked at Google as a Senior Software Engineer from 2011 to 2015, where he led various projects, including Google Classroom. His experience at Google involved significant contributions to web applications and machine learning projects, showcasing his expertise in software engineering and product development.12
He also served as the CEO of CoderBhai from 2015 to 2018, where he led a tech team and developed custom solutions utilizing machine learning and AI technologies.1
Contributions at SpotDraft
At SpotDraft, Madhav focuses on product innovation and design, contributing to the platform's mission to streamline legal processes through automation. The company aims to reduce contract review times significantly and enhance overall efficiency for legal teams.15 Under his leadership, SpotDraft has achieved substantial milestones, including a successful funding round and recognition as an innovative player in the legal tech space.34
Personal Insights
Madhav is passionate about building technology that simplifies complex processes. He frequently shares insights about his journey and the evolution of SpotDraft on social media platforms, reflecting on the challenges and successes encountered along the way.36
Highlights
Excited to introduce the launch of Contract Analytics on SpotDraft, a game-changer for in-house legal teams.
This new feature is designed to empower legal teams with data-driven insights, transforming contract workflows and showcasing their true value as business enablers.
With SpotDraft's Contract Analytics, legal teams can:
- Track 30+ Contract Metrics: Get a comprehensive view of the entire contract lifecycle.
- Pinpoint Bottlenecks: Identify delays and streamline approval processes.
- Visualize Insights: Use built-in charts for informed decision-making.
- Customize Data Views: Tailor data by date ranges, contract types, or users.
Find out more here: spotdraft(.)com/contract-analytics
Seven years ago, I quit my job at Google to jump on the startup bandwagon and build something from scratch.
It took two years to finally start SpotDraft with Shashank and Rohith. The origin of SpotDraft was at a bar when Shashank asked a simple question: why are lawyers still stuck copy-pasting words on contracts when cars have started driving themselves!? Now in 2023, SpotDraft is helping 100s of businesses around the world save time on contracts.
But I won't sugarcoat it: the early days were tough, and some days are still as tough. However, seeing our customers save time and money makes it all worth it. Thinking back to what it took to get to that first million in revenue and close that first big logo still gives me chills. It's amazing to think how far we've come since then.
Fast forward to today, and I'm thrilled to announce that we have raised $26 Million in Series A funding to continue to transform the world of contract management with cutting-edge technology and AI.
Find out more about what we’re building here: https://bit.ly/3KXWlRg
Premji Invest, 021 Capital, Riverwalk Holdings, 100x Entrepreneur, Prosus Ventures, Arkam Ventures, BoldCap.
