SpotDraft Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

The contract management software company joins the ranks of Nvidia, YouTube, Taco Bell, and more

Bangalore, India (March 19, 2024) — SpotDraft has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.

This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. These organizations are setting new standards and achieving remarkable milestones in all sectors of the economy. Alongside the World’s 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.

“At SpotDraft, we aim to merge the best of human insight with AI’s efficiency, freeing up teams to tackle the work that truly matters. This nod from Fast Company shines a light on our commitment to innovation. By automating routine legal tasks, we’re not just building software; we’re empowering businesses to focus on innovation and growth, secure in their legal footing,” said Shashank Bijapur, CEO and Co-Founder, SpotDraft.

Since its foundation, SpotDraft has been at the forefront of innovation in the legal industry, offering solutions that automate and manage contract management and review. Our AI-powered platform has been instrumental in helping businesses save time, reduce costs, and minimize legal risks.

The World’s Most Innovative Companies stands as Fast Company‘s hallmark franchise and one of its most anticipated editorial efforts of the year.

Fast Company‘s editors and writers identified the companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world. Fast Company’s Most Innovative Companies package is available online, as well as in-app form via iTunes, and on newsstands beginning March 26. The hashtag is #FCMostInnovative.

“Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan. “We saw extraordinary innovation across the board in 2023, but we also saw a handful of clear patterns: the growing footprint and impact of AI, the triumphant return of live events, and great leaps forward in climate tech. We face daunting challenges on many fronts, but the solutions we celebrate in MIC give me plenty of hope about the future.”

ABOUT SPOTDRAFT

SpotDraft is an AI-powered CLM platform that accelerates contract creation, analysis, and management. By combining cutting-edge technology with legal expertise, SpotDraft aims to make legal work more efficient, accurate, and accessible for businesses of all sizes.

ABOUT FAST COMPANY

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.