Ironclad Appoints Dan Springer Former Docusign CEO as New CEO

Ironclad Welcomes Dan Springer as CEO

In a defining move for its leadership, Ironclad, an industry leader in AI-driven contract lifecycle management (CLM), has announced the appointment of Dan Springer, the former CEO of Docusign, as its new Chief Executive Officer. This transition follows co-founder Jason Boehmig's shift to the position of Executive Chairman as Ironclad celebrates its achievement of a $150 million Annual Recurring Revenue (ARR) milestone and serves over 2,000 customers.

Springer brings with him over three decades of expertise in the technology sector. His time as the leader of Docusign saw him successfully navigate the company's initial public offering in April 2018 and manage impactful acquisitions, including the company SpringCM. Furthermore, Springer ushered in the innovative concept of the Agreement Cloud. Before his influential tenure at Docusign, he held the position of Chairman and CEO at Responsys, leading the company to a public offering in 2011 and subsequent acquisition by Oracle in 2014 for an impressive $1.6 billion. His extensive experience is further complemented by board positions on notable companies such as UiPath and SmartNews, alongside his prestigious academic background which includes an MBA from Harvard and an AB in Mathematics and Economics from Occidental College.

Jason Boehmig, reflecting on Springer's appointment, expressed his confidence in the new leadership, stating, "It’s humbling to be able to tap Dan to take the baton for the next part of Ironclad’s journey. Dan is an extraordinary leader whom I have admired for many years. There is no better person to lead us into the next decade." Boehmig's continued involvement with Ironclad will focus on AI and go-to-market strategies, maintaining a close partnership as the company pivots into this new phase.

Ironclad, founded in 2014 by Boehmig and Cai Wangwilt, evolved from initial automations for contracts at Boehmig's law firm into a prominent player in the CLM landscape, gaining entry into Y Combinator in 2015 and subsequently raising over $333 million from a host of well-known investors, including Accel, Sequoia, and Y Combinator. The company stands out for its belief that contracts are central to every business and AI can significantly enhance the efficacy of legal professionals in managing them.

Springer, acknowledging the core values that inspire Ironclad, remarked, "I’ve long admired what Jason, Cai, and the Ironclad team have built. After getting a closer look, especially at their innovations around AI, I maintain a strong conviction that Ironclad will win the CLM category. It’s an incredibly exciting time in our space, and I’m excited to help Ironclad in our mission to power the world’s contracts."

The technology behind Ironclad is revolutionizing the contracting process, using AI to enhance speed, compliance, and leverage crucial insights trapped within contract data. Their AI-powered legal assistant, Jurist, empowers users to create and refine legal documents based on past company precedents, industry benchmarks, and real-time legal transformations within a fully editable workspace.

Ironclad’s commitment to excellence has earned it top ratings in notable evaluations, being recognized as a Leader in both the Gartner Magic Quadrant and Forrester Wave for CLM categories. The firm has also garnered accolades as a 2024 Fast Company Best Workplace for Innovators and has been named a Fortune Best Workplace for five consecutive years.

To discover more about Ironclad and its range of cutting-edge offerings, visit Ironcladapp.com.

Conclusion

With Dan Springer at the helm, Ironclad is poised to drive significant advancements in the contract management space, building upon its successes and positioning itself at the forefront of a transformative era within the industry. This new chapter promises to not only enhance operational efficiencies but also solidify Ironclad's role as a vital player in the integration of AI within business processes, ultimately benefitting a diverse array of sectors and enterprises around the globe.