SaaS start-up SirionLabs closes series D funding round at $110 mn

Company says it will use the capital to expand its position in contract lifecycle management business

SirionLabs, a contract lifecycle management (CLM) start-up, has raised $25 million from Brookfield Growth, bringing its extended series D funding round to a close at $110 million.

The previous funding round was led by Partners Group with participation from existing investors Sequoia India and Tiger Global.

The company said it will use the fresh capital to expand its leadership position in the CLM market. “Sirion’s superpower is that it goes beyond the operational efficiencies of traditional CLM to monitor and manage performance against the terms of the contract after the contract has been signed,” said Ajay Agrawal, founder and CEO