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Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

TechCrunchEditor
January 27, 2026 | 2:18 AM1 min read
Originally published on TechCrunch
Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

SpotDraft now processes over 1 million contracts annually using its AI tool, with contract volumes up 173% year-over-year.

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