Rajat Bahri
Rajat Bahri is Chief Financial Officer at Icertis and serves as a Board Member at Pacific Gas and Electric Company. He has previously held CFO roles at ID.me, Jasper Wireless, Trimble Navigation, and Wish, and was Controller at Kraft Foods.
Icertis Raises $50M from B Capital to Reduce Debt, Reports $300M Annual Recurring Revenue in 2024
Icertis, a Bellevue-based contract management software company, raised $50 million from existing investor B Capital to pay down debt, marking over $500 million raised since its 2009 founding. Valued at $5 billion in 2021, Icertis reported $300 million in annual recurring revenue in 2024 and has been expanding its AI product offerings.
Icertis Secures $150M from Silicon Valley Bank in Revolving Credit and Convertible Note Financing
Icertis secured $150 million in financing from Silicon Valley Bank — equally split between a revolving credit facility and convertible financing — as startups increasingly turn to debt instruments amid a cooling venture market. CFO Rajat Bahri called the funding a vote of confidence to support growth and market-share capture.
Icertis Raises $150 Million Debt Financing to Support Growth and Flexibility in Contract Management Market
Icertis, a Bellevue-based contract management software provider valued at around $5 billion, raised $150 million through debt financing as of October 31, 2022, to ensure business flexibility. The company serves clients worldwide, including Microsoft and SAP, and reported over 50% growth in annual recurring revenue in early 2022.
Rajat Bahri Named CFO of Icertis Amid $5 Billion Valuation; Pacific Northwest Tech Firms Announce Key Executive Hires
Rajat Bahri, former CFO of ID.me, has joined Icertis as CFO, replacing Curt Anderson, amid recent investments valuing Icertis at $5 billion. Additionally, several key tech and startup executives have taken new roles across Pacific Northwest companies including CommerceIQ, Waabi, Limeade, and AdaptX.
Organizations
See all 7-
Icertis Chief Financial Officer 2022–present · current
-
Pacific Gas and Electric Company Board Member 2020–present · current
-
ID.me Chief Financial Officer 2021–2022 · past
Education
-
Duke University 1985–1987
-
Duke University - The Fuqua School of Business MBA · 1985–1987
-
St. Xavier School - Delhi
