CLM Lexion Bags $11m, Wilson Sonsini Invests Again

Cogstate

Adswerve

English

Lexion uses sophisticated natural language processing technologies to make it easier for legal teams to find what&rsquo;s in their contracts and automatically stay organized. Lexion&rsquo;s email-centric approach and legacy contract onboarding streamline implementation and improve adoption.&nbsp;
Lexion was built at Microsoft co-founder Paul Allen&rsquo;s artificial intelligence research institute (AI2) . It is backed by the same investors that funded OpenAI (Khosla Ventures), helped launch Amazon (Madrona Venture Group), and have advised Google (Wilson Sonsini).&nbsp;
With a top notch and experienced team from Microsoft, Facebook, Google, and Amazon, CB Insights ranked Lexion the #1 most promising AI legal tech startup in the world two years in a row (2020, 2021).&nbsp;
Existing customers include: Outreach, OfferUp, Blue Nile, and many more. Sign up to get a demo and start automating all your legal tasks today.

GenAI / LLM

Corporate Legal

On Prem

Lexion

North America

Lexion is an end-to-end contract management system focused on accelerating contract review and eliminating busywork through email-driven workflow automation and an AI-powered Repository. User base of 50-10,000. &nbsp;

End-to-end CLM

Contracts

Lexion - Vendor Analysis

We want Casetext to be judged on its merits. Legaltech Hub levels the playing field, allowing attorneys and executives to objectively evaluate what we do.

At the Digital Legal Exchange, we work with the legal functions of some of the world's leading corporations to help them accelerate their digital transformation. Technology is a critical part of the toolkit. Legaltech Hub provides independent guidance and information to help corporate legal teams evaluate their options and inform their purchase decisions.

My Reed Smith colleagues and I have used Legaltech Hub to identify current providers of technology solutions. It is really helpful to view all the tools in one place, consistently categorised by solution type and key features.

Our involvement with LegalTech Hub has given us many leads and created speaking opportunities. The value of LTH goes way beyond a listing and leverages Nikki’s and Jeroen’s vast network.

A decade ago, it was reasonably easy to keep on top of what legaltech products were out there. No longer! Nikki, Jeroen, and team have built a comprehensive resource that legaltech buyers can use to find tech meeting their needs, and where vendors can get information in front of prospects at the relevant moment. Worthwhile offering from a respected (and excellent) group of people!

Fireman &amp; Company's clients expect us to be current on the latest innovative technology solutions. It used to be difficult to navigate the legaltech market and explore new tools and platforms. Legaltech Hub changed that - I now have one place to go where I can easily find all the information I need.

The legal tech industry is moving at such a fast pace and a big part of my job is to stay on top of it all. Legaltech Hub is my go-to resource for any research I need to do on new companies and products.