Sirion, a contract lifecycle management (CLM) software provider, announced it has signed a definitive agreement for Haveli Investments, an Austin-based technology-focused investment firm, to make a majority investment in the company.
Sirion said its platform helps large enterprises manage complex commercial relationships across the full contract lifecycle and serves as a system of record for contractual data and performance. The company said its software is built on a proprietary AI foundation called agentOS, which combines contract intelligence with a conversational interface to help organizations create, manage, and act on contracts.
The company said the investment will provide additional capital and operational support to accelerate product innovation, expand Sirion’s global reach, and deepen customer impact, while continuing to invest in the platform capabilities customers use today. Sirion said it has averaged more than 40% annual growth over the past five years and has recently turned profitable. The company also said it has expanded to 10 offices across North America, Europe, India, Africa, and Singapore, serving hundreds of enterprises across more than 70 countries.
Sirion said it has been recognized by industry analysts including Gartner, Forrester, and IDC, and noted it was named a Leader in the 2025 Gartner Magic Quadrant for CLM for the fourth consecutive year and ranked first in the 2025 Gartner Critical Capabilities report for CLM use cases for the third year in a row.
The transaction is subject to customary closing conditions and regulatory clearances and is expected to close in the first quarter of 2026. William Blair served as exclusive financial advisor to Sirion, while Moelis & Company served as exclusive financial advisor and Latham & Watkins served as legal advisor to Haveli.
KEY QUOTES:
“Contracts sit at the heart of every major enterprise transaction — from procurement and sales to employment and partnerships — and they increasingly define how value flows through an organization. At Sirion, we built AskSirion and agentOS for this moment — a purpose-built AI foundation that brings intelligence, structure, and automation to contracting at enterprise scale. This partnership allows us to accelerate that vision and continue building the platform our customers rely on to run their businesses.”
Ajay Agrawal, Founder and CEO, Sirion
“Sirion is one of the best examples we have seen of a system-of-record software company combining proprietary small-language models with frontier LLMs and creating next-gen agentic AI workflows. As AI becomes increasingly central to how enterprises operate, we see strong structural tailwinds for AI-first platforms that sit at the core of business workflows, and we look forward to partnering with Ajay and the entire Sirion team on the company’s next phase of growth.”
Sumit Pande, Senior Managing Director, Haveli Investments
“As the first institutional investor to partner with Sirion over a decade ago, it has been a privilege to be a part of the journey since the seed stage. From those early days of inception, Ajay Agrawal, Aditya Gupta, and Kanti Prabha have demonstrated a relentless commitment to innovation, building a category-leading product recognized by all leading analysts and earning the trust of hundreds of marquee customers. This majority investment from Haveli is a testament to the strength of the platform and the team behind it. We are honored to have been part of this journey and remain confident that Sirion will go from strength to strength as they continue to build an enduring company.”
Shailendra Singh, Managing Director, Peak XV
