Lex Machina

Menlo Park, United States Founded: 2010 • Age: 16 yrs Acquired By LexisNexis
Legal analytics software is provided for data-driven litigation decisions.
Annual revenue $5,208 Latest available
Total funding $10.2M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Lex Machina

Lex Machina is a company based in Menlo Park (United States) founded in 2010 was acquired by LexisNexis in November 2015. It operates as a SaaS (Software-as-a-Service) and API-as-a-Product. Lex Machina has raised $10.17 million across 5 funding rounds from investors including LexisNexis, Costanoa and XSeed Capital. Lex Machina offers products and services including Legal Analytics Platform, Protégé AI Assistance, and API Integration. Lex Machina operates in a competitive market with competitors including LexisNexis, vlex, Quorum, Causes and Doctrine, among others.

  • Headquarter Menlo Park, United States
  • Sectors
    Professional & Legal Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Lexisnexis, A Division Of Relx Inc.
Operational Areas
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.21 K (USD)
    0
    as on Aug 31, 2023
  • Net Profit
    $2.62 K (USD)
    0
    as on Aug 31, 2023
  • EBITDA
    Not available
  • Total Equity Funding
    $10.17 M (USD)

    in 5 rounds

  • Latest Funding Round
    $4.8 M (USD), Series A

    May 01, 2013

  • Investors
    LexisNexis

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    LexisNexis

    (Nov 23, 2015)

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Products & Services of Lex Machina

Lex Machina offers a comprehensive portfolio of products and services, including Legal Analytics Platform, Protégé AI Assistance, and API Integration.

Product name locked
Category locked
Primary

Legal data is transformed into actionable litigation insights.

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AI-powered assistance is provided for legal data analysis.

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Litigation data is integrated for custom solution development.

Funding Insights of Lex Machina

Lex Machina has successfully raised a total of $10.17M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.8 million completed in May 2013. 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 Lex Machina

Lex Machina has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include LexisNexis, Costanoa and XSeed Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on early stage fintech, data, AI, and security companies
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Early stage venture capital firm investing in US
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Seed-stage funding is provided to innovative founder teams.
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Investor details for Lex Machina

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Investments & Acquisitions by Lex Machina

Investments
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Investment portfolio details for Lex Machina

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Financial Statements - Lex Machina

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Detailed financials for Lex Machina

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  • Profit trends
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Lex Machina Comparisons

Lex Machina Primary company
Description
Legal analytics software is provided for data-driven litigat...
Location
Menlo Park, United States
Founded Year
2010
Annual Revenue
$5.21 K (USD)
Net Profit
$2.62 K (USD)
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Lex Machina

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Competitors of Lex Machina

Lex Machina 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 LexisNexis, vlex, Quorum, Causes and Doctrine, among others.

Company Name Domain Founded year HQ Location Description
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Legal, risk, and data analytics solutions are provided globally.
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Legal research and knowledge management software is offered by vLex.
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Legislative strategy is supported by an online database and tools.
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Online fundraising and campaigning for causes are facilitated.
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Legal research is powered by big data and machine learning.
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Detailed competitors of Lex Machina

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Latest news on Lex Machina

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Complete news archive for Lex Machina

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Frequently Asked Questions about Lex Machina

Lex Machina was founded in 2010.

Lex Machina is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Karl Harris is the current CEO of Lex Machina.

Lex Machina is a funded company, having raised a total of $10.17M across 5 funding rounds to date.

Annual revenue of Lex Machina is $5.21K as on Aug 31, 2023.

Lex Machina, empowered by LexisNexis Protégé, is focused on delivering legal analytics through a proprietary platform. Raw legal documents are converted into comprehensive datasets for unique case insights. The technology is applied to litigation data across federal and state courts, covering millions of cases. Sectors served include legal professionals, law firms, corporate legal departments, and government entities. Solutions such as AI-assisted reviews, court database access, and API integrations are offered to enhance decision-making, predict outcomes, and manage risks in legal practices.

Lex Machina's top competitors include LexisNexis, LinkSquares and Quorum.

Lex Machina offers Legal Analytics Platform, Protégé AI Assistance, and API Integration.

Lex Machina has 5 investors. Key investors include LexisNexis, Costanoa, XSeed Capital, Ulu Ventures, and Cue Ball.

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