Sirion, a global AI-native leader in Contract Lifecycle Management (CLM) software, has completed a majority investment from Austin-based technology-focused investment firm Haveli Investments, LP. The transaction was initially announced in January.
This investment marks a new phase for Sirion, aiming to accelerate product innovation, expand its global go-to-market presence, and assist organizations in transitioning from static contract repositories to intelligent, workflow-driven contracting through AI adoption.
Ajay Agrawal, Founder and CEO of Sirion, commented on the development, stating, “Contracts are becoming executable knowledge, not static documents.” He added, “Sirion is building AI that works directly inside enterprise contracting workflows, helping teams draft, negotiate, and manage agreements faster and with greater confidence. With Haveli’s partnership, we are accelerating our mission to make contracting intelligent, continuous, and deeply integrated into how enterprises operate.”
Sumit Pande, Senior Managing Director at Haveli Investments, emphasized the criticality of reliable data and embedded workflows for AI in contracting. “Sirion is AI-forward and enterprise-grade, extending intelligence beyond signature into obligation management and other critical post-signature workflows,” Pande said. “We believe it is uniquely positioned to define the future of AI-native CLM.”
Sirion’s platform helps enterprises store, create, and manage contracts with enhanced intelligence and control. The company integrates a conversational interface with specialized AI agents, enabling organizations to manage contractual risk, improve compliance, and gain deeper insights across millions of contracts. Sirion currently supports more than seven million contracts in over 100 languages for a multitude of large enterprises globally.
Haveli Investments is a private equity firm based in Austin, focused on investing in technology companies, including software, data, gaming, and adjacent industries. The firm aims to partner with innovative companies and management teams throughout their life cycles, offering operational and strategic support to drive innovation and increase growth, scale, and operating margins. Haveli’s investment philosophy also underscores a commitment to inclusivity and sustainability.
William Blair served as the exclusive financial advisor to Sirion. Moelis & Company LLC acted as the exclusive financial advisor, and Latham & Watkins LLP served as the legal advisor to Haveli Investments.
