S&R Associates represented Avatar Growth Capital in an investment in SirionLabs

S&R Associates represented Avatar Growth Capital in an investment in SirionLabs, a technology company providing proprietary software contract management services. The investment is a part of a USD 44 million round also involving another investor.

The S&R team was led by partners Sandip Bhagat and Sudip Mahapatra, and included associates Pooja Singhania and Gunit Kaur.

About SirionLabs

SirionLabs, the SaaS leader in enterprise contract management (CLM), helps enterprises manage the complete contracting lifecycle on a single, easy-to-use platform. Founded in 2012, SirionLabs applies breakthroughs in artificial intelligence technology to meet the needs of businesses in the digital age. The team is composed of enterprise experts from leading companies like Google, Microsoft, IBM, Cloudera, and VMWare.

Sirion’s AI-powered capabilities – from smart contract authoring to auto-contract extraction, advanced obligation management and collaboration – enable enterprises to drive business velocity and outcomes, reduce risk and enhance revenue and savings in commercial engagements. With more than 500 employees across three continents, SirionLabs enables leading companies such as Vodafone, Unilever, BP, Credit Suisse and EY to manage 3.5+ million contracts across 100+ countries.