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LEXION

Founded 2018 · 35 employees on LinkedIn · 7 known investors

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Lexion provides a Teams integration that allows stakeholders to query contract information and answer contract-related questions directly within Microsoft Teams, without requiring legal team involvement.

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Founders & leadership

LEXION was founded in 2018 by Gaurav Oberoi, Emad Elwany, and James Baird.

GOGaurav Oberoi
Gaurav OberoiFounderGaurav Oberoi previously founded and sold three software companies including Lexion, worked as a product leader at SurveyMonkey building the Audience business, and served as an engineer at Amazon's Browse team.
EEEmad Elwany
Emad ElwanyFounderVenture Partner at Allen Institute for AI (AI2) Incubator
JBJames Baird
James BairdFounder
JNJessica Nguyen
Jessica NguyenChief Legal OfficerShe has approximately 20 years of legal experience with technology companies, working at the intersection of law and innovation, with a background in M&A, governance, compliance, and contract management.

Investors · 7

Allen Institute for Artificial Intelligence Incubator (AI2)listed by Allen Institute for Artificial Intelligence Incubator (AI2)Seattle

How we know: Allen Institute for Artificial Intelligence Incubator (AI2)'s portfolio page · a partner's Signal profile · Not right? Tell us

Madrona Venture Grouplisted by Madrona Venture GroupSeattle · $2M – $10M

How we know: Madrona Venture Group's portfolio page · a partner's Signal profile · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Point72 Ventureslisted by Point72 VenturesNew York · $1M – $75M

How we know: funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Citi VenturesreportedNew York

How we know: funding news · Not right? Tell us

DeepgramreportedSan Francisco

How we know: a partner's Signal profile · Not right? Tell us

Khosla VenturesreportedMenlo Park · $100K – $20M

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$20M disclosed across 1 of 2 rounds · 2021–2023

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 7

SpotdraftSpotDraft is a contract management platform that lets sales teams create, track, and manage contracts such as NDAs, MSAs, and order forms directly within their CRM. It offers native integrations with Salesforce, HubSpot, and Zoho, syncing contract data bi-directionally to give both sales and legal teams real-time visibility into contract status and approvals.
IroncladIronclad is an AI platform for digital contract management that helps companies execute faster deals, reduce contract surprises, and measure value. The platform serves enterprise and mid-market organizations managing contract lifecycles.
JuroJuro provides an intelligent contract automation platform that enables business teams to agree and manage contracts end-to-end while giving legal teams control over the process. The platform embeds automation and AI into tools business teams use daily, serving legal and business departments across organizations.
Streamline AIStreamline AI provides a workflow platform for legal intake, triage, and management designed for in-house legal departments. The product helps legal teams improve efficiency and collaboration with other business functions.
iCertis, Inc.Icertis provides AI-native contract intelligence software that helps enterprises automate and optimize contract management to accelerate business execution.
ContractSafeContractSafe offers AI-powered contract management software that automates data extraction, search, and review tasks for legal teams. The platform helps users quickly locate contracts, extract key terms, and analyze contracts against custom playbooks without manual data entry.
CheckboxCheckbox is legal intake and automation software that converts Microsoft Teams messages into legal matters with automatic tracking, history capture, and audit trails. It helps in-house legal teams reduce manual administrative work and gain visibility into legal requests and workflows.

Companies working in the same space as LEXION.

In the news

Lexion Raises $20M in Series B Fundingfinsmes.com · Apr 2023After tripling revenue in 2022, Lexion lands $20M to expand AI-powered contract management software – GeekWiregeekwire.com · Apr 2023

Frequently asked questions

What does LEXION do?
Lexion provides a Teams integration that allows stakeholders to query contract information and answer contract-related questions directly within Microsoft Teams, without requiring legal team involvement.
Who founded LEXION?
LEXION was founded by Gaurav Oberoi, Emad Elwany, James Baird in 2018.
Who are LEXION's investors?
LEXION's investors include Allen Institute for AI (AI2) Incubator, Allen Institute for Artificial Intelligence Incubator (AI2), Madrona Venture Group, Point72 Ventures, Citi Ventures, Deepgram, Khosla Ventures.
How much funding has LEXION raised?
LEXION has disclosed $20M raised across 1 of its 2 known rounds.