About LEX
LEX is a company based in New York (United States) founded in 2017 by Drew Sterrett and Dean Sterrett. LEX has raised $25.34 million across 4 funding rounds from investors including Khosla Ventures, Thor Equities and MUFG Campus. LEX operates in a competitive market with competitors including Doorvest, Roofstock, Ten-X, Realty Mogul and Arrived, among others.
- Headquarter New York, United States
- Founders Drew Sterrett, Dean Sterrett
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website lex-markets.com
- Social LinkedIn
- Total Equity Funding$25.34M (USD)
in 4 rounds
- Latest Funding Round$15M (USD), Series A
Jan 2022
- InvestorsKhosla Ventures
& 14 more
Funding Insights of LEX
LEX has successfully raised a total of $25.34M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in January 2022. 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 $25.34M
- Total Rounds 4
- Last Round Series A — $15M
- First Round $338,000
(Nov 2017)
- Investors Count 15
All 4 funding rounds of LEX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2022 | $15M | Series A | – | PEAK6 | |
| Jan 2021 | $6M | Seed | – | Gaingels, MVP Ventures | |
| Oct 2019 | $4M | Seed | – | Greycroft, Thor Equities | – |
| Nov 2017 | $338,000 | Seed | – | – | – |
15 investors in total: 11 institutional and 4 angel.
Investors in LEX
LEX has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Khosla Ventures, Thor Equities and MUFG Campus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focused on finance and technology opportunities. | – | peak6.com | - | |
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
- | – | 2l.vc | - | |
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | – | gaingels.com | - | |
Venture capital firm investing in multiple sectors | – | mvp-vc.com | Menlo Park, United States | |
Investment services are offered by RAJ Capital for impactful ventures. | – | rajcapital.vc | - | |
Multiple sectors are targeted for venture capital investments by Greycroft. | – | greycroft.com | New York, United States | |
MetaProp is recognized as a leading PropTech venture capital firm. | – | metaprop.vc | - | |
Multiple sectors are advised through specialized finance teams. | – | mufgcampus.com | Chiyoda-ku, Japan | |
Subversive Capital is focused on investing in disruptive ideas. | – | subversivecapital.com | New York, United States |
Investor details for LEX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of LEX
2 people are tracked at LEX (2 in leadership).
| Name | Role | Group |
|---|---|---|
Drew Sterrett | Co-Founder & CEO | Leadership |
Dean Sterrett | Co-Founder | Leadership |
Complete people profiles for LEX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of LEX
3 dated milestones of LEX across 5 years, from founding to its latest funding, stage changes and deals.
- Founded LEX is founded.
- Funding First funding round of $338K.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of LEX
LEX 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 Doorvest, Roofstock, Ten-X, Realty Mogul and Arrived, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| doorvest.com | 2014 | San Francisco, United States | $17.5M | – | Investment platform focused on real estate projects | |
| roofstock.com | 2015 | Oakland, United States | $373.25M | 174 | Real estate investments are enabled via an online marketplace platform. | |
| ten-x.com | 2007 | Irvine, United States | $50M | 1,350 | Commercial properties are discovered and traded via online platforms. | |
| realtymogul.com | 2012 | Los Angeles, United States | $49.5M | 15 | Online real estate equity and debt crowdfunding platform is operated. | |
| arrived.com | 2019 | Seattle, United States | $46.09M | 56 | Arrived is engaged in facilitating real estate investments. | |
| cadre.com | 2014 | New York, United States | $133.3M | – | Institutional real estate opportunities are accessed via a digital platform. | |
| wealth-park.com | 2015 | Tokyo, Japan | $22.51M | – | Real estate investment enabled via app-based platform. | |
| getaway.co | 2022 | Miami, United States | $4.4M | – | An online platform is provided for real estate investments. | |
| parcl.co | 2022 | New York, United States | $11.6M | – | Blockchain-based platform for real estate price exposure is offered. | |
| haus.com | 2016 | San Francisco, United States | $20.13M | 10 | Haus is engaged in providing home ownership solutions. |
Detailed competitors of LEX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Lex
Complete news archive for LEX
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to LEX
10 companies that operate in the same segment as LEX (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about LEX
LEX was founded in 2017.
LEX is headquartered in New York, United States. It is registered at New York, New York, United States.
Drew Sterrett is the current CEO of LEX. They have also founded this company.
LEX is a funded company, having raised a total of $25.34M across 4 funding rounds to date. The company's 1st funding round was a Seed of $338K, raised on Nov 2017.
LEX was founded in 2017 in New York, United States, within the real estate investment sector. An online platform is operated to allow selections from commercial properties, portfolio customization, and rental revenue collection on investments. Research tools are supplied for investment analysis, real-time trading data access, and multi-device portfolio management. Operations focus on user-driven real estate opportunities in the U.S. market.
LEX has 15 investors. Key investors include Khosla Ventures, Thor Equities, MUFG Campus, PEAK6, and MetaProp.