LEX (Financial Software) Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
27
- Latest Deal Type
-
M&A
- Investors
-
1
LEX (Financial Software) General Information
Description
Developer of a commercial real estate securities marketplace designed to bring equity financing to the real estate market. The company's marketplace facilitates users to buy and sell shares of individual commercial properties, giving retail investors the flexibility to create customized income-producing real estate portfolios for the clients, enabling property owners to unlock equity while retaining operational control of their properties.
Contact Information
Website
www.lex-markets.comCorporate Office
- 350 Fifth Avenue
- Suite 4805
- New York, NY 10118
- United States
Corporate Office
- 350 Fifth Avenue
- Suite 4805
- New York, NY 10118
- United States
LEX (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 23-May-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A1) | 28-Jan-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 16-Jul-2021 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Apr-2021 | Completed | Startup | |||
| 2. Seed Round | 02-Oct-2019 | $4M | $4M | Completed | Startup | |
| 1. Accelerator/Incubator | 01-May-2018 | Completed | Startup |
LEX (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A-NV | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A | ||||||||
| Seed-1 | 637,597 | $0.000100 | 8% | $0.47 | $0.47 | 1x | $0.47 | 2.02% |
| Seed | 3,569,161 | $0.000100 | 8% | $0.58 | $0.58 | 1x | $0.58 | 11.29% |
LEX (Financial Software) Comparisons
Industry
Financing
Details
LEX (Financial Software) Competitors (10)
One of LEX (Financial Software)’s 10 competitors is Cadre, a Formerly VC-backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cadre | Formerly VC-backed | New York, NY | ||||
| Groundfloor | Venture Capital-Backed | Atlanta, GA | ||||
| Property Moose | Formerly VC-backed | Worcester, United Kingdom | ||||
| Upright | Formerly VC-backed | Cleveland, OH | ||||
| Crowd Investments | Venture Capital-Backed | London, United Kingdom |
LEX (Financial Software) Patents
LEX (Financial Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-2990766-A | Ventilator grating | Inactive | 07-Jul-1958 |
LEX (Financial Software) Signals
LEX (Financial Software) Former Investors (30)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 10H Capital | Venture Capital | Minority | ||
| 10X Capital | Venture Capital | Minority | ||
| Alumni Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Callahan Family Investments | Family Office | Minority |
LEX (Financial Software) FAQs
-
When was LEX (Financial Software) founded?
LEX (Financial Software) was founded in 2017.
-
Where is LEX (Financial Software) headquartered?
LEX (Financial Software) is headquartered in New York, NY.
-
What is the size of LEX (Financial Software)?
LEX (Financial Software) has 27 total employees.
-
What industry is LEX (Financial Software) in?
LEX (Financial Software)’s primary industry is Other Capital Markets/Institutions.
-
Is LEX (Financial Software) a private or public company?
LEX (Financial Software) is a Private company.
-
What is LEX (Financial Software)’s current revenue?
The current revenue for LEX (Financial Software) is .
-
How much funding has LEX (Financial Software) raised over time?
LEX (Financial Software) has raised $31.6M.
-
Who are LEX (Financial Software)’s investors?
10H Capital, 10X Capital, Alumni Ventures, , and Callahan Family Investments are 5 of 30 investors who have invested in LEX (Financial Software).
-
Who are LEX (Financial Software)’s competitors?
Cadre, Groundfloor, Property Moose, Upright, and Crowd Investments are some of the 10 competitors of LEX (Financial Software).
-
When was LEX (Financial Software) acquired?
LEX (Financial Software) was acquired on 23-May-2023.
-
Who acquired LEX (Financial Software)?
LEX (Financial Software) was acquired by Monark Markets.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process