Contract lifecycle management vendor Sirion is set to be acquired by Haveli Investments, an Austin-based technology focused investment firm, which will make a majority investment in the Utah-headquartered company.
Sirion helps some of the world’s largest enterprises such as Vodafone and Bank of New York Mellon manage complex commercial relationships across the full contract lifecycle, with a platform that has become a system of record for contractual data and performance. Sirion’s CLM platform is powered by agentOS, its AI-native operating system, which deploys pre-built ‘agents’ to handle core contract operations and tasks such as searching (Search Agent) and drafting (Draft Agent).
“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,” said Sumit Pande, senior managing director at Haveli Investments. “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.”
Haveli’s investment provides Sirion with additional capital and operational support to help accelerate product innovation, expand global reach, and deepen customer impact, while remaining focused on the platform and capabilities customers rely on today. The transaction enables continued investment to scale the business and strengthen Sirion’s leadership in the CLM category.
“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.” said Shailendra Singh, Managing Director at Peak XV. “From those early days of inception, Ajay, 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.”
The transaction is subject to customary closing and regulatory clearances and is expected to close in Q1 2026.
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