Lexion Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 114

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $161M

Lexion General Information

Description

Developer of a contract management system designed to organize all contracts in one place. The company's system automatically reads and interprets legal terms, policies and documents and also finds and gains insights about the contracts in a unified system powered by artificial intelligence, along with integrating business, storage and signature systems and syncing all work in an integrated contract hub, enabling companies to save time and money and keep a track of critical contract obligations automatically in a simplified way.

Contact Information

Website
www.lexion.ai
Formerly Known As
DocumSart
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 113 Cherry Street
  • PMB 65390
  • Seattle, WA 98104
  • United States
+1 (206)
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Legal Services (B2B)
Parent Company
DocuSign
Vertical(s)
Legal Tech, Big Data, SaaS, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 113 Cherry Street
  • PMB 65390
  • Seattle, WA 98104
  • United States
+1 (206)

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Lexion Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 06-May-2024 $161M Completed Generating Revenue
5. Later Stage VC (Series B) 19-Apr-2023 Completed Generating Revenue
4. Early Stage VC (Series A) 17-Jun-2021 Completed Generating Revenue
3. Seed Round 19-May-2019 Completed Generating Revenue
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator Completed Startup
To view Lexion’s complete valuation and funding history, request access »

Lexion Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series B NV
Series A-1
Series A
Seed-2
Seed-1 576,124 $0.000100 $6 $1.21 $1.21 1x $1.21 3.25%
Seed 500,000 $0.000100 $6 $0.1 $0.1 1x $0.1 2.82%
To view Lexion’s complete cap table history, request access »

Lexion Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a contract management system designed to organize all contracts in one place. The company's system automati
Business/Productivity Software
Seattle, WA
114 As of 2024

San Francisco, CA
 

Pittsburgh, PA
 
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Lexion Competitors (30)

One of Lexion’s 30 competitors is Ironclad, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ironclad Venture Capital-Backed San Francisco, CA
LegalSifter Private Equity-Backed Pittsburgh, PA
LinkSquares Venture Capital-Backed Boston, MA
Evisort Formerly VC-backed San Francisco, CA
Contractbook Venture Capital-Backed Copenhagen, Denmark
You’re viewing 5 of 30 competitors. Get the full list »

Lexion Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Lexion Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9533110-B2 Hydration system Inactive 23-Jan-2008

Lexion Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Lexion Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
AI Venture Labs Accelerator/Incubator Minority
AI2 Incubator Accelerator/Incubator Minority
Citi Ventures Corporate Venture Capital Minority
Khosla Ventures Venture Capital Minority
Madrona Venture Group Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

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Lexion FAQs

  • When was Lexion founded?

    Lexion was founded in 2018.

  • Where is Lexion headquartered?

    Lexion is headquartered in Seattle, WA.

  • What is the size of Lexion?

    Lexion has 114 total employees.

  • What industry is Lexion in?

    Lexion’s primary industry is Business/Productivity Software.

  • Is Lexion a private or public company?

    Lexion is a Private company.

  • What is the current valuation of Lexion?

    The current valuation of Lexion is .

  • What is Lexion’s current revenue?

    The current revenue for Lexion is .

  • How much funding has Lexion raised over time?

    Lexion has raised $36.2M.

  • Who are Lexion’s investors?

    AI Venture Labs, AI2 Incubator, Citi Ventures, Khosla Ventures, and Madrona Venture Group are 5 of 8 investors who have invested in Lexion.

  • Who are Lexion’s competitors?

    Ironclad, LegalSifter, LinkSquares, Evisort, and Contractbook are some of the 30 competitors of Lexion.

  • When was Lexion acquired?

    Lexion was acquired on 06-May-2024.

  • Who acquired Lexion?

    Lexion was acquired by DocuSign.

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