About Alexi
Alexi is a company based in Toronto (Canada) founded in 2017 by Samarth Bhasin and Mark Doble. Alexi has raised $15 million across 2 funding rounds from investors including TD Bank, Drive Capital and Draper Associates. Alexi offers products and services including Legal Research, Document Intelligence, Drafting, and Advanced Legal Reasoning. Alexi operates in a competitive market with competitors including Doctrine, Legora, ROSS Intelligence, Wexler and Bench IQ, among others.
- Headquarter Toronto, Canada
- Founders Samarth Bhasin, Mark Doble
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Sectors
Professional & Legal ServicesTechnology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Alexi Technologies Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$3.14 M (USD), Debt – Conventional
Feb 11, 2025
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Investors
TD Bank
& 2 more
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Employee Count
Not available
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Products & Services of Alexi
Alexi offers a comprehensive portfolio of products and services, including Legal Research, Document Intelligence, Drafting, and Advanced Legal Reasoning.
Quickly finds relevant legal resources for building cases.
Automates document review to identify evidence and risks.
Generates precise legal drafts using firm-approved templates.
Provides strategic analysis to simplify complex legal research.
Funding Insights of Alexi
Alexi has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.14 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Alexi
Alexi has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include TD Bank, Drive Capital and Draper Associates.
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Venture capital firm focused on pre-seed and seed stage investments
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Early-stage technology companies receive venture capital investments.
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Financial services are offered through diverse subsidiaries.
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Investor details for Alexi
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Alexi
Investment portfolio details for Alexi
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Alexi
Detailed financials for Alexi
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Alexi Comparisons
Peer comparison for Alexi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Alexi
Alexi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doctrine, Legora, ROSS Intelligence, Wexler and Bench IQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Legal research is powered by big data and machine learning.
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Provider of AI-powering lawyers to review and research
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Provides AI-driven legal research platforms and news on legal tech innovations.
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AI-powered legal research, review, and drafting assistance is provided.
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AI Powered legal assistant
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Detailed competitors of Alexi
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Alexi
Complete news archive for Alexi
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Alexi
Alexi was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Alexi is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Mark Doble is the current CEO of Alexi. They have also founded this company.
Alexi is a funded company, having raised a total of $15M across 2 funding rounds to date.
Alexi was founded in 2017 in Toronto, Canada, as a provider of an AI platform focused on legal technology. Tools for automating legal tasks, analyzing documents, conducting research, drafting materials, and supporting decision-making are offered. The platform is deployed within a firms own infrastructure to maintain data isolation and ensure regulatory compliance. Operations center on enhancing efficiency in legal processes for professional services.
Alexi offers Legal Research, Document Intelligence, Drafting, and Advanced Legal Reasoning.
Alexi has 3 investors. Key investors include TD Bank, Drive Capital, and Draper Associates.