Sirion

What Sirion does

Sirion (legal entity SirionLabs Inc.) is an enterprise SaaS provider of AI-native contract lifecycle management (CLM) software, founded in 2012 and headquartered in Salt Lake City, Utah (relocated from Bellevue, WA in 2024). The company's flagship platform is built on a proprietary foundation called agentOS™, which combines 10+ large language models with 1,200+ domain-tuned small language models and orchestrates a portfolio of specialized AI agents (DraftAgent, IssueDetectionAgent, RedlineAgent, PlaybookAgent, ObligationsAgent, InvoiceAgent, SearchAgent, ExtractionAgent) across the contract lifecycle. The platform is organized into three functional pillars — Store (Extraction, Repository, Search), Create (Drafting, Negotiation, Collaboration), and Manage (Performance, Governance, Risk) — accessed through a conversational interface branded AskSirion. Sirion delivers over a dozen vertical-specific solutions on the same platform, with deep specialization in Financial Services (ISDA/CSA, Credit Agreements, Banking Procurement, Capital Markets, Insurance, Underwriting Submission Triage), Automotive, IT Services, Healthcare, Pharma & Life Sciences, Telecom, and Oil & Gas.

Sirion serves hundreds of enterprise customers across 70+ countries, with the platform managing more than 7 million contracts in 100+ languages and nearly $800 billion in contract value for Fortune Global organizations. Named customers include Vodafone, Goldman Sachs, McDonald's, Chevron, BNY Mellon, Deutsche Börse, PayPal, Amgen, Travelers, Vanguard, FIS, Qantas, Alstom, Chemours, and several NHS trusts. The company is majority-owned (up to ~90%) by Austin-based private equity firm Haveli Investments following a Q1 2026 recapitalization at a ~$1 billion valuation, which provided exits for prior venture investors Peak XV Partners (Sequoia India) and Tiger Global. Earlier, Sirion had raised a total of $157 million across multiple rounds, including an $85 million Series D led by Partners Group in May 2022 and a $25 million Series D extension led by Brookfield Growth in January 2023.

Sirion's revenue model is enterprise SaaS subscription with quote-based, multi-year contracts sold primarily through a direct field sales motion targeting Fortune Global and large regulated buyers; pricing is not publicly disclosed. Go-to-market is supplemented by a growing channel program (SI, consulting, ISV, cloud partners), anchored by a flagship implementation partnership with Stella Legal and a recently appointed EVP of Global Head of Alliances. Sirion is co-developed with IBM watsonx, runs on Oracle Cloud Infrastructure, and offers 1,000+ pre-built connectors across ERP, CRM, P2P, e-signature, GRC, ITSM, and productivity ecosystems. The company has ~500-1,000 employees across approximately ten offices globally (U.S., U.K., France, Germany, India, Singapore, South Africa, Canada) and is led by founder and CEO Ajay Agrawal.

Name

Sirion

Legal name

SirionLabs Inc.

Website

https://sirion.ai

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sirion is an AI-native enterprise SaaS provider of contract lifecycle management (CLM) software, serving hundreds of Fortune Global and regulated-industry customers across 70+ countries with its proprietary agentOS platform and AskSirion conversational interface. Founded in 2012, the company is majority-owned by Haveli Investments at a ~$1B valuation.

Ownership category

akta.pro rank

Product category

Contract Lifecycle Management Software

NAICS

Software Publishers (513210)

akta.pro primary industry

Contract Lifecycle Management (CLM) & Document Automation (BPAEAPAD)

akta.pro secondary industry

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Contract lifecycle management
• Enterprise contract management
• AI contract software
• Vendor contract management
• Contract management platform

Headquarters

HQ city

Lehi

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS subscription (CLM platform): Recurring SaaS revenue from enterprise subscriptions to the Sirion agentic CLM platform, sold to large global customers across 70+ countries with multi-year contracts and modular tiered offerings (Store, Create, Manage).
2. Implementation and consulting services (via partners): Revenue from professional services and enablement delivered through SI/implementation partners such as Stella Legal, supporting enterprise deployments across the U.S., Europe, and UAE.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels10 records

Core offering

Sirion sells an AI-native, agentic Contract Lifecycle Management (CLM) SaaS platform organized into Store, Create and Manage capabilities and orchestrated by a proprietary foundation engine called agentOS. The platform centralizes contract repositories, uses specialized AI agents to extract metadata, draft and redline contracts, monitor obligations, and reconcile invoices, and is delivered to large global enterprises across 70+ countries through multi-year subscriptions with modular tiered offerings.

Product overview

Sirion offers a single unified AI-native agentic Contract Lifecycle Management (CLM) platform organized into three functional pillars — Store, Create, and Manage — orchestrated by the proprietary agentOS foundation. The Store pillar includes Extraction, Repository, and Search capabilities (each powered by dedicated AI agents such as the ExtractionAgent, Single Extraction Agent / SEA, and SearchAgent/AskSirion). The Create pillar delivers Drafting, Negotiation, and Collaboration capabilities (powered by DraftAgent, IssueDetectionAgent, and RedlineAgent, with native Microsoft Word/Outlook integration). The Manage pillar offers Contract Performance, Governance, and Risk modules (powered by ObligationsAgent and InvoiceAgent). On top of agentOS, customers can build custom agents via natural language. Vertical solutions are layered on the same platform for Financial Services (Banking Procurement, ISDA/CSA, Credit Agreements, Insurance, Underwriting Submission Triage), Automotive, IT Services, Healthcare, Pharma & Life Sciences, Telecom, and Oil & Gas. Horizontal solutions address Legal, Legal Ops, Procurement, Sales, and Finance teams. Sirion integrates with enterprise systems (SAP Ariba, SAP S/4HANA, SAP CPQ, Salesforce, ServiceNow, Remedy, RSA Archer, DocuSign, Adobe Sign, Slack, Microsoft 365) and runs on Oracle Cloud Infrastructure with AI developed in collaboration with IBM watsonx.

Differentiator

Problem solved

Functional benefit

Brands

• agentOS: Proprietary AI-native operating system / foundation engine that powers every AI agent in Sirion's agentic CLM platform and enables users to build, test, and deploy custom AI agents.
• AskSirion

Products and services

• Sirion Agentic CLM Platform End-to-end AI-native contract lifecycle management platform covering Store, Create, and Manage capabilities, accessed through the conversational AskSirion interface and orchestrated by agentOS. Supports over 7 million contracts in 100+ languages for major global enterprises, sold as multi-year enterprise SaaS subscriptions with modular tiered offerings.
• agentOS Proprietary AI-native foundation engine that governs how AI agents think, act, and collaborate. Enables customers to define, build, test, deploy, and scale custom AI agents using natural-language descriptions and orchestrates pre-built agents across the platform.
• AskSirion 360-degree conversational contracting experience that interprets plain-language user intent, orchestrates the right agents, and delivers plain-language explanations with source-linked results across the contract lifecycle.
• Banking Procurement CLM

Quantifiable outcome

• 90% faster contract centralization via AI-Built Repository
• +13 more outcomes

Named customers27 records

Segments12 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

AI capability4 records

Feature14 records

Partnerships

14 partnerships are on record, tiered key executive leading alliance program, flagship implementation partner, minor reference, legal advisor, core technology partner, acquisition target, core integration partner and integration partner.

• Pat McBrearty (EVP, Global Head of Alliances)key executive leading alliance programOthers · 5 March 2026Pat McBrearty appointed EVP and Global Head of Alliances on March 5, 2026 to expand Sirion's global partner ecosystem (consulting firms, SIs, ISVs, cloud providers). He brings over 20 years of B2B SaaS experience from prior roles at Allvue Systems, Medallia, Gainsight, and others.
• Stella Legalflagship implementation partnerImplementation/ SI/ Consulting Partner · 12 February 2026Stella Legal (an SBS company founded in 2025 with 110 staff across London and Phoenix) became Sirion's flagship implementation partner for its AI-native CLM platform built on agentOS. The partnership embeds Stella Legal's experts into Sirion deployments across Europe, the U.S., and the UAE.
• Stella Legal — M&A Advisory Division (referenced)minor referenceImplementation/ SI/ Consulting Partner · 12 February 2026ArtificialLawyer roundup also notes a Stella Legal M&A Advisory Division product launch in March 2026, alongside the Sirion partnership.
• Latham & Watkinslegal advisorOthers · 11 January 2026Latham & Watkins served as legal counsel to Haveli Investments on the majority investment in Sirion, deploying a multidisciplinary team spanning M&A, IP, data privacy, employment, tax, real estate, and other practice areas.
• IBM (watsonx)core technology partnerStrategic or Co-development Partner · 14 November 2025Sirion co-developed its agentic CLM platform with IBM watsonx; Sirion holds IBM Partner Plus Platinum Partner status. Sirion's agentic AI capabilities run on IBM watsonx infrastructure, enabling conversational, autonomous contract management at enterprise scale.
• Oracle Cloud Infrastructure (OCI)core technology partnerTechnology or Integration · 6 October 2024Sirion runs its high-performance applications with increased efficiency on Oracle Cloud Infrastructure (OCI), as highlighted in Oracle's customer success content.
• Zendocacquisition targetStrategic or Co-development Partner · 8 November 2022SirionLabs acquired Zendoc, a contract automation platform, in November 2022, alongside establishing an engineering Center of Excellence in Nice, France. The acquisition enhanced Sirion's AI-powered CLM platform and strengthened its European market position.
• SAP (Ariba / S/4HANA / CPQ)core integration partnerTechnology or IntegrationSirion offers certified connectors for SAP Ariba (procurement/sourcing/contracts), SAP S/4HANA (supply chain/finance), and SAP CPQ to close the loop between procurement, sourcing, finance, and quote-to-contract workflows.
• Salesforcecore integration partnerTechnology or IntegrationSirion offers a certified Salesforce CRM connector for quote-to-contract cycle management and embedding contract intelligence into CRM/ERP processes.
• Microsoft (365 / Word / Outlook / Azure)core integration partnerTechnology or IntegrationSirion provides MS Word add-in and Outlook plugin for contract drafting, negotiation, and collaboration, plus integrations with Microsoft 365 and broader Microsoft ecosystem; partners surface in deal references such as Salesforce data.
• ServiceNowintegration partnerTechnology or IntegrationSirion integrates with ServiceNow (alongside Remedy) to pull ITSM performance data into the Single Extraction Agent for unified contract performance management.
• DocuSignintegration partnerTechnology or IntegrationSirion integrates with DocuSign (and Adobe Sign) for e-signature workflows, automating execution and syncing signed contracts and metadata back into the Sirion repository.
• Adobe Signintegration partnerTechnology or IntegrationSirion integrates with Adobe Sign alongside DocuSign to streamline e-signature workflows and speed contract finalization.
• RSA Archer / Experian / D&Bintegration partnerTechnology or IntegrationSirion integrates with GRC and risk-intelligence platforms such as RSA Archer, Experian, and D&B to track vendors that may be at risk and continuously monitor contractual risk.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Icertis: Icertis is the closest direct competitor to Sirion in enterprise CLM, also offering an AI-native contract management platform with vertical solutions and recognized as a Gartner Magic Quadrant Leader for CLM. Comparable in customer profile (large global enterprises), AI strategy, and analyst positioning.
• Ironclad: Ironclad is a venture-backed AI-native CLM platform focused on digital contracting for in-house legal teams. It is a direct competitor to Sirion in the AI-CLM category and is also a Gartner Magic Quadrant Leader for CLM.
• Agiloft: Agiloft is a long-standing enterprise CLM vendor with a no-code customization platform and was named a Leader in the Gartner Magic Quadrant for CLM alongside Sirion. Comparable in serving large, complex enterprise customers with custom contract workflows.
• DocuSign (CLM / SpringCM): DocuSign's CLM offering (incorporating SpringCM) bundles contract management into the broader DocuSign Agreement Cloud and e-signature ecosystem. It is a direct competitor to Sirion at the post-signature and full-lifecycle contract stages and shares a Gartner Leader designation.
• Conga: Conga offers CLM, CPQ, and document automation solutions and was named alongside Sirion as a Leader in the Nucleus Research 2026 CLM Technology Value Matrix. Comparable in addressing quote-to-contract, document generation, and enterprise contracting workflows.
• Onit: Onit provides enterprise legal management and contract lifecycle management software, serving corporate legal departments with similar use cases to Sirion's In-House Legal and Legal Ops solutions.

Emerging players

• Evisort: Evisort is an AI-native contract intelligence and analysis platform with strong extraction and analytics capabilities, overlapping with Sirion's Store pillar (Extraction, Search). Comparable in AI-first positioning, though typically positioned as a complement or point solution rather than full-lifecycle CLM.
• Concord: Concord offers a modern CLM platform targeting mid-market and enterprise customers with collaborative contract editing and e-signature. Partial overlap with Sirion's Create pillar, though typically at smaller deal sizes and lighter vertical specialization.
• ContractPodAI (now part of Epiq): ContractPodAI is an AI-powered CLM platform now part of Epiq, serving in-house legal teams with contract management, AI extraction, and workflow automation. Comparable in AI-led CLM positioning though with a different channel-to-market via Epiq's legal services.

Broad incumbents

• SAP (Contract Lifecycle Management on S/4HANA): SAP embeds CLM capabilities within its S/4HANA and Ariba suites, competing with Sirion at the procurement and supplier contract layer for SAP-centric enterprises. A broad incumbent that overlaps on procurement contracting but does not match Sirion's AI-native, agentic depth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sirionclm
• YouTubeyoutube.com/@SirionCLM
• Facebookfacebook.com/SirionCLM
• LinkedInlinkedin.com/company/sirionclm

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sirion