Monish Darda was an executive at BladeLogic. In 2009 he co-founded Icertis with Samir Bodas, who had earlier led Aztecsoft. The company is headquartered in Bellevue, Washington, with a large engineering base in Pune.
Icertis built contract management as a cloud platform on Microsoft Azure and sold it to large enterprises. AI flags problem clauses and compliance risks. Darda is the company's CTO.
Funding was modest at first. Greycroft and Fidelity put in $6 million in 2015 and a $15 million round followed in 2016. In 2019 a $115 million round valued Icertis at about $1 billion.
An $80 million Series F in 2021 valued the company at about $2.8 billion, and it had about 1,700 employees by December 2021. SAP took a minority stake in early 2022. Co-founder and CEO Samir Bodas died in January 2026 at age 61.