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News · Enterprise Software & IT

Icertis cofounder Samir Bodas dies at 61

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Date
Company
Icertis
What it does
Enterprise contract management software
Kind
News
Founded
2009
Sector
Enterprise Software & IT

What they do

Icertis provides AI-powered contract management software to large enterprises

What happened

Cofounder and former CEO Samir Bodas died after a prolonged battle with cancer

Why it matters

He helped build Icertis into a $5B unicorn serving over a third of Fortune 100 companies

The details

  • Samir Bodas, cofounder of Icertis, died at age 61 after a prolonged battle with cancer.
  • Bodas was the former CEO and most recently Executive Chairman of the company.
  • He cofounded Icertis in 2009 with Monish Darda, who serves as CTO.
  • Under Bodas, Icertis grew into a $5B unicorn serving over a third of Fortune 100 companies.
  • The company has raised more than $560M in funding to date.

The bigger picture

  • Bodas is the latest in a series of Indian startup ecosystem leaders who have died recently.
  • Others include Neeraj Tyagi (We Founder Circle), Harshavardhana Kikkeri and Shwetha Panyam (HoloWorld), Amit Banerji (Table Space), and Rohan Mirchandani (Epigamia).

About the business

  • Icertis offers contract management services to enterprises.
  • Its flagship product is Icertis Contract Management (ICM), an AI-powered platform.
  • ICM manages sell-side, buy-side, and corporate enterprise contracts globally.
  • The company serves more than one third of Fortune 100 companies.
  • Its customers span financial services, healthcare, retail, and manufacturing.

Investors

  • B Capital Group (investor)
  • Meritech Capital Partners (investor)
  • SAP (investor)

Founders

  • Samir Bodas, Cofounder, former CEO, Executive Chairman
  • Monish Darda, Cofounder and CTO

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