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Company Overview

SirionLabs is transforming the way buyers and suppliers of complex services engage with each other using our flagship enterprise platform - Sirion.

Sirion is a SaaS platform that radically simplifies the delivery and consumption of complex services like ITO and BPO. It bridges the gap in existing supplier governance (for buyers) and revenue assurance (for suppliers) solutions by tightly integrating all key disciplines – contracts, performance, financial, risk, and relationship management. Leveraging automation and advanced analytics, Sirion helps buyers and suppliers to create higher value and stronger relationships, while enabling effective management of cost and risk in complex services engagements.

Why we’re here

Sirion was conceived to address the inability of existing procurement, contract management, ITSM and P2P technologies to realize the anticipated value of complex services transactions. Recognizing the challenges faced by buyers and suppliers alike, the founders of SirionLabs brought together their rich domain and technology expertise to develop Sirion to enable effective management of such engagements on a single integrated platform.

Leadership

Ajay Agrawal

Founder & CEO

ajay.agrawal@sirionlabs.com

Ajay Agrawal is co-founder and CEO at SirionLabs. Ajay has been a securities lawyer and a product visionary in the strategic legal technology space for more than 20 years. Ajay founded and led UnitedLex Corporation in 2006 – a global leader in the legal process outsourcing and strategic legal technology space – and led the company through a period of explosive, profitable growth creating more than $100mn in enterprise value in 4 years.

Between 1994 and 2006, Ajay was a securities law expert in some of the world's leading firms and investment banks and structured complex securities offerings of structured Tier I capital, convertible and exchangeable securities, hybrid debt instruments, asset-backed securities and trust preferred securities.

In addition to his role at SirionLabs, Ajay serves as an entrepreneur-in-residence at CodeX, the Center for Legal Informatics at Stanford University. Ajay received an LL.M. from Columbia University and holds an LL.B. from Trinity College, Cambridge and a B.A. in Semiotics from Brown University.

Claude Marais

President

claude.marais@sirionlabs.com

Claude Marais is co-founder and President at SirionLabs. Claude has been a leader in the global sourcing domain for over two decades. Prior to SirionLabs, Claude pioneered ISG-TPI's supplier governance solution, which extended the best practices developed during his previous tenures at General Motors and The Coca-Cola Company.

As global head of Strategic Sourcing and Contract Management for Information Services at GM, Claude was the global leader for contract management and strategic sourcing in GM's $3bn/yr ITO organization. Before GM, Claude had leadership roles in both the Procurement and IT organizations at The Coca-Cola Company. During his tenure at Coca-Cola he created a global IT Sourcing Center of Expertise, aligned global IT sourcing and created a Strategic Supplier Relations practice. Earlier in his career, Claude worked at Elf Atochem North America, Inc. as the Director of Processing Services and at Andersen Consulting as a Manager in the firm's manufacturing systems practice.

Claude holds a Bachelor of Commerce from the University of Pretoria, South Africa. He is a co-founder and past National Chair of the Society for Information Management IT Procurement Working Groups, and a founding member of the ICEX Outsourcing Forum. He is a Fellow and Honorary Vice Chairman of IACCM - International Association of Contract and Commercial Managers. He is an active member of the Business Engagement Leadership Council at the College of Business and Innovation, University of Toledo.

Investors

Sequoia helps founders turn imaginative ideas into enduring companies. As the “Entrepreneurs Behind the Entrepreneurs,” the Sequoia team has worked closely with legendary founders such as Steve Jobs of Apple, Len Bosack and Sandy Lerner of Cisco, Sergey Brin and Larry Page of Google, Reid Hoffman and Jeff Weiner of LinkedIn, Larry Ellison of Oracle, Max Levchin, Elon Musk and Peter Thiel of PayPal, David Filo and Jerry Yang of Yahoo! and Steve Chen and Chad Hurley of YouTube. Sequoia is now helping the next generation of innovators build the lasting companies of tomorrow. To know more about the Sequoia team in India and the companies we have partnered with, please visit www.sequoiacap.com.

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