Icertis is a private enterprise software company that provides AI-powered contract lifecycle management and contract intelligence software. Its platform helps businesses digitize, manage, and analyze contracts across the enterprise.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$5B
Debt Financing, 2022, Perplexity
UpMarket Estimate
$4.2B
Based on UpMarket valuation model
Previous Price
$5B
Debt Financing 2022
How to Invest in Icertis Through UpMarket
Icertis shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Icertis offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
2022
Debt Financing
$5B
2022
Debt Financing
$5B
Aug 2021
Series F
$3.2B
Mar 2018
Series E
$1.0B
2016
Series D
$XM
Icertis Revenue and Growth
Annual revenue
Why Investors Are Watching Icertis
Growth Signal
Icertis raised $150M to accelerate CLM leadership
Icertis secured $150 million in debt financing, split evenly between a revolving credit facility and convertible financing from Silicon Valley Bank. The company said the capital would accelerate leadership in contract lifecycle management.
Competitive Moat
Icertis serves top global enterprises across industries
Eight Roads said Icertis serves five of the world's top 10 most valuable companies and five of the top seven pharmaceutical companies. That customer mix suggests deep enterprise adoption and a harder-to-displace installed base.
Market Opportunity
MGI sees CLM market reaching $30B in five years
MGI Research said the contract lifecycle management total addressable market will rise to $30 billion in the next five years. Icertis was cited as a category leader positioned to benefit from that expansion.
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No. As of March 2026, Icertis is a private company and does not trade on any public stock exchange. Accredited investors can access Icertis shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Icertis does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Icertis shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.
Pre-IPO investments carry significant risks. Icertis shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Icertis provides AI-powered contract lifecycle management and contract intelligence software, generating $300M in 2024 revenue; it recently raised $150M to accelerate CLM leadership at a $4.2B valuation — accredited investors can access Icertis stock through UpMarket.