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Icertis provides a contract lifecycle management platform focused on contract intelligence for large enterprises to create, store, analyze, and govern contracts and improve business performance. The product runs in the cloud on Microsoft Azure, offering a single source of truth, extensive analytics, automation, and native integrations with other enterprise software, while supporting multiple languages and countries and handling millions of contracts. It differentiates itself through scale (10+ million contracts across 93 countries and 40 languages) and strategic partnerships with Microsoft, SAP, and Salesforce that enable seamless integrations and enterprise-grade automation. The goal is to help enterprises increase visibility, control, and speed across the contract lifecycle to drive better contract performance.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$491M
Headquarters
Bellevue, Washington
Founded
2009
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Total Funding
$491M
Above
Industry Average
Funded Over
9 Rounds
Five9 appoints Jay Lee as Chief Marketing and Growth Officer. Five9, Inc., provider of the Intelligent CX Platform, announced the appointment of Jay Lee as Chief Marketing and Growth Officer, effective April 6, 2026. This new role unites global marketing with revenue strategy and operations to create a more powerfully aligned go-to-market (GTM) engine for a more cohesive, insights-driven, and streamlined experience for customers and partners at every stage of their journey with Five9. Lee brings extensive experience driving business transformation, growth, and measurable financial outcomes across enterprise technology and payments industries. His appointment reflects Five9's continued investment in integrating marketing, operations, data, and analytics to accelerate innovation and deliver more personalized, intelligent customer experiences. "Jay's appointment comes at a defining moment for Five9 as we continue to accelerate our leadership in AI-powered customer experience," said Amit Mathradas, CEO, Five9. "His ability to connect sales and customer-facing teams with underlying data and analytics to influence how we market is exactly what companies need in this next era of CX. Jay brings a rare combination of strategic marketing vision, creativity, and operational rigor, with a deep understanding of how to translate customer insight into meaningful business outcomes. As we advance our CX vision, where human expertise and AI work seamlessly together, Jay will be instrumental in helping our customers unlock greater value from their customer experience investments." "I'm thrilled to join Five9 at such a pivotal moment," said Jay Lee, Chief Marketing and Growth Officer, Five9. "Customer experience, data, and commerce are converging faster than ever, and Five9 is uniquely positioned to lead that transformation. I look forward to working with the team to strengthen our brand further, deepen customer relationships, and drive measurable business impact through innovative, data-driven marketing and GTM strategies." Lee joins Five9 from Icertis, where he served as Chief Marketing Officer, leading a global marketing and sales development organization driving brand, demand generation, and GTM planning and execution. Prior to Icertis, he served as Chief Marketing Officer at Avalara, where he led global demand generation and communications strategies to support commercial growth across markets and customer segments. Earlier in his career, Lee held senior leadership roles across B2B and B2C organizations, including GE Capital, American Express, and PayPal. His background across consulting, finance, marketing, and enterprise technology has shaped a disciplined, data-first approach to go-to-market strategy, with deep expertise in revenue operations and execution. Lee is known for his collaborative leadership style, emphasizing idea generation, thoughtful problem-solving, and mentorship to help teams build durable, real-world skills across strategy, storytelling, and execution. He holds an MBA from Columbia University and a Bachelor of Science in Electrical Engineering from Cornell University.
Icertis, a contract intelligence software company, reported record new business growth in 2025, adding nine Fortune-ranked companies including BMW and McDonald's as customers. The company now serves one in five Fortune Global 500 businesses, with monthly active users increasing over 60% year-over-year. The Bellevue-based firm launched Vera, its AI platform for contracts, and acquired Dioptra to enhance automation capabilities, driving AI annual recurring revenue up nearly 40% year-over-year. Implementation timelines were reduced by 70%. Icertis expanded its public sector practice by over 80% and strengthened partnerships with SAP, becoming the only SAP Solution Extension for contracting. The company will open a new office in Reston, Virginia, in the second quarter to support federal government business.
Icertis, an AI-powered contract intelligence company, is opening a new office in Reston, Virginia, to serve as the hub for its expanding public sector business. The company will hire experts across product and consulting to support government agencies and contractors using its platform. Icertis grew its public sector practice by over 80% in 2025 and has established relationships with major US agencies, including the Defence Logistics Agency. The Reston location will enable closer collaboration with federal government clients and contractors requiring digital transformation solutions. The Icertis Contract Intelligence platform helps agencies navigate Federal Acquisition Regulation and Defence Federal Acquisition Regulation Supplement requirements with FedRAMP alignment. The company serves more than one-third of the Fortune 100 across 90 countries.
U.S. Defense Logistics Agency selects Icertis Contract Intelligence to meet federal mandate for digital transformation. * Business Wire * 20 hrs ago BELLEVUE, Wash.-(BUSINESS WIRE)-Feb 12, 2026- Icertis, the global leader in AI-powered contract intelligence, today announced that the Defense Logistics Agency (DLA) has selected Icertis Contract Intelligence to optimize resources, reinforce compliance, and increase transparency across the organization. With a global workforce of more than 24,000 personnel, the DLA manages end-to-end procurement and logistics support to sustain warfighter readiness for the U.S. Department of Defense. The agency turned to Icertis as the only enterprise-grade, federal-ready contract intelligence platform that addressed its urgent need to modernize contracting against new government mandates for digital transformation. Icertis integrates seamlessly with the DLA's instance of SAP Procurement for Public Sector, creating a unified solution from requisition to post-award management that scales across thousands of employees, contractors, and suppliers. With a single source of truth for contracts, the DLA anticipates: * Eliminating bottlenecks to achieve a 30 - 40 percent reduction in contract cycle times. * Standardizing templates to cut contract error rates by more than 50 percent and decrease spending on legal resources. * Driving tens of millions in savings over the next five years by consolidating legacy systems and eliminating redundancies. * Generating agency-wide reporting in minutes - instead of weeks - through AI-powered dashboards that demonstrate accountability and efficiency gains. "As the largest purchaser of goods and services globally, the U.S. government runs on contracts. These agreements can shift from heavy administrative burdens to become a powerful strategic advantage with purpose-built contract intelligence from Icertis," said Rajan Venkitachalam, Corporate Vice President of Public Sector and Chief Information Security Officer, Icertis. "Agencies like the DLA are now called to navigate enhanced scrutiny, regulatory shifts, and heightened demands. Icertis is the only pure-play contract lifecycle management provider that helps federal organizations move forward with agility, empowering agencies with transparency, trust, and cost efficiency to deliver on their missions faster and smarter than ever before." Icertis for Federal Agencies enables customers like the DLA to adapt to legislative changes, ensure regulatory compliance, and embrace data-driven decision making to improve vendor performance and maximize returns. With FedRAMP alignment and a security-first roadmap, Icertis for Federal Agencies accelerates government contracting and increases taxpayer value while safeguarding mission-critical data across the acquisition process. About Icertis Icertis delivers AI-powered insights and agentic automation to transform static contracts into strategic enterprise advantage. The Icertis Contract Intelligence platform revolutionizes how enterprises manage their customer, supplier, and partner relationships, enabling businesses to grow revenue, control costs, mitigate risk, and ensure compliance. Today, more than one third of the Fortune 100 trust Icertis to realize the full potential of millions of business relationships in more than 90 countries around the world. Senior Manager, Corporate Communications KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON INDUSTRY KEYWORD: DEFENSE TECHNOLOGY SOFTWARE GOVERNMENT TECHNOLOGY ARTIFICIAL INTELLIGENCE CONTRACTS PUB: 02/12/2026 09:00 AM/DISC: 02/12/2026 09:00 AM
Icertis has acquired legal AI startup Dioptra, enhancing its CLM platform with Dioptra's contract AI capabilities. This acquisition aligns with Icertis's AI strategy, aiming for 'fully autonomous contracting.' Dioptra will automate playbook creation and first-line contract reviews, improving efficiency and legal resource allocation. The deal marks a significant step in Icertis's AI-driven CLM innovation.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$491M
Headquarters
Bellevue, Washington
Founded
2009
Find jobs on Simplify and start your career today