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 ServicesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lexisnexis, A Division Of Relx Inc.
-
Annual Revenue
$5.21 K (USD)0as on Aug 31, 2023
-
Net Profit
$2.62 K (USD)0as on Aug 31, 2023
-
EBITDA
-
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
Employee Count
-
Acquired by
LexisNexis
(Nov 23, 2015)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Legal data is transformed into actionable litigation insights.
AI-powered assistance is provided for legal data analysis.
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $4.8M
-
First Round
First Round
(02 Dec 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series A - Lex Machina | Valuation | Cue Ball | |
| Feb, 2013 | Amount | Series A - Lex Machina | Valuation |
investors |
|
| Jul, 2012 | Amount | Seed - Lex Machina | Valuation | XSeed Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on early stage fintech, data, AI, and security companies
|
Founded Year | Domain | Location | |
|
Early stage venture capital firm investing in US
|
Founded Year | Domain | Location | |
|
Seed-stage funding is provided to innovative founder teams.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Lex Machina
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Lex Machina
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lex Machina Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Legal, risk, and data analytics solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Legal research and knowledge management software is offered by vLex.
|
|
| domain | founded_year | HQ Location |
Legislative strategy is supported by an online database and tools.
|
|
| domain | founded_year | HQ Location |
Online fundraising and campaigning for causes are facilitated.
|
|
| domain | founded_year | HQ Location |
Legal research is powered by big data and machine learning.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Lex Machina
Frequently Asked Questions about Lex Machina
When was Lex Machina founded?
Lex Machina was founded in 2010.
Where is Lex Machina located?
Lex Machina is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Who is the current CEO of Lex Machina?
Karl Harris is the current CEO of Lex Machina.
Is Lex Machina a funded company?
Lex Machina is a funded company, having raised a total of $10.17M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Dec 02, 2010.
What is the annual revenue of Lex Machina?
Annual revenue of Lex Machina is $5.21K as on Aug 31, 2023.
What does Lex Machina do?
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.
Who are the top competitors of Lex Machina?
Lex Machina's top competitors include LexisNexis, LinkSquares and Quorum.
What products or services does Lex Machina offer?
Lex Machina offers Legal Analytics Platform, Protégé AI Assistance, and API Integration.
Who are Lex Machina's investors?
Lex Machina has 5 investors. Key investors include LexisNexis, Costanoa, XSeed Capital, Ulu Ventures, and Cue Ball.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.