Agiloft, Inc. is a technology company specializing in Contract Lifecycle Management (CLM) and business process management software. Founded in 1990 by Colin Earl as Integral Solutions Corporation, the company is headquartered in Redwood City, California. Agiloft has grown to become a global leader in CLM, known for its highly customizable and no-code platform that allows businesses to automate and manage their contract processes efficiently.
Agiloft began as Integral Solutions Corporation, focusing initially on developing software for other companies. In 1996, it launched SupportWizard, a help desk application that evolved into a comprehensive platform for business process automation. The company rebranded to Agiloft in 2012, reflecting its shift towards a broader range of enterprise solutions. Over the years, Agiloft has grown organically and through strategic investments, including a significant $45 million investment from FTV Capital in 2020, which marked its first outside funding.
Agiloft has been largely self-funded and profitable for many years. The company raised $45 million in 2020 from FTV Capital, which was its first external funding. In 2024, KKR took a majority ownership stake in Agiloft, with additional investments from JMI Equity and continued support from FTV Capital. This funding is expected to fuel further growth and product development.
Agiloft's primary product is its Contract Lifecycle Management (CLM) software, which is part of its broader Data-First Agreement Platform (DAP). Key features of Agiloft's CLM software include:
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Agiloft continually updates its platform to incorporate new features and improvements. Recent enhancements include advanced AI functionalities for better contract analysis and compliance, as well as improved integration capabilities with other enterprise systems. These updates aim to provide users with more robust tools for managing contracts and leveraging contract data for business insights.
Agiloft prides itself on a customer-centric approach, emphasizing customer satisfaction and retention. The company promotes a culture of innovation, agility, and inclusivity, with a strong focus on employee development and diversity. Agiloft's leadership team brings extensive experience from various sectors, contributing to a well-rounded and forward-thinking corporate environment.
Agiloft serves a diverse range of customers, including small and medium-sized businesses (SMBs), large enterprises, and government agencies. The company's user base spans multiple industries such as healthcare, finance, manufacturing, and legal services. Agiloft has over 1,500 customers and more than three million individual users globally. Notable clients include the U.S. Air Force, Chevron, and Kaiser Permanente. The company maintains a vibrant user community and offers extensive resources to help customers maximize the value of their software
