Lex

New York, United States Founded: 2019 • Age: 7 yrs Acquired By 9 Count
LGBT community interactions are facilitated through a social platform.

About Lex

Lex is a Media & Entertainment company based in New York (United States) founded in 2019, and was acquired by 9 Count in September 2024. LGBT community interactions are facilitated through a social platform. It operates on a Freemium model in Media & Entertainment and Consumer sectors. Lex has raised $7.1 million across 2 funding rounds from investors including Bumble, 9 Count and HopeLab. Its website lex.lgbt draws about 45 thousand monthly visits. Lex offers products and services including Lex App. Its focus areas include Technology, Social Media and Community Platforms. Its competitors include Hornet, Grindr and Growlr; 1 of its 3 listed competitors has raised funding.

Company details

Lex is designed as a social networking platform for the queer community. Connections are facilitated through local dating, friendships, events, and groups. The app is focused on creating safe spaces for LGBTQ individuals to interact. Various community activities and meetups are supported through the platform. Emphasis is placed on enhancing user engagement within local queer networks.

  • Headquarters New York, United States
  • Stage Acquired
  • Sectors
    Media & Entertainment
    Consumer
  • Website category Community and Society · LGBTQ
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website lex.lgbt
  • Social LinkedIn X Instagram
  • Acquired by 9 Count (Sep 2024)
Key Metrics
  • Total Equity Funding
    $7.1M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.6M (USD), Seed

    Oct 2023

  • Investors
    Bumble

    & 30 more

  • Acquired by
    9 Count

    (Sep 2024)

Products & Services of Lex

Lex offers a comprehensive portfolio of products and services, including Lex App.

Lex App
Social Networking

Platform for connecting queer community members locally.

Apps and channels of Lex

Lex publishes 2 mobile apps with over 100K+ downloads.

Lex: Queer & LGBTQ+ Friends
Google Play Social Mature 17+ Free
Developer: Lex Social Inc
View on Google Play
Lex: Queer Social LGBT Friends
App Store Social Networking 17+
Developer: Lex Social Inc.
View on App Store

Funding Insights of Lex

Lex has successfully raised a total of $7.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.6 million completed in October 2023. 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 $7.1M
  • Total Rounds 2
  • Last Round Seed β€” $5.6M
  • First Round $1.5M

    (Jul 2020)

  • Investors Count 30

All 2 funding rounds of Lex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2023$5.6MSeed–Peter A Boyce
Jul 2020$1.5MSeed–Female Founders Fund
Valuation history

31 investors in total: 14 institutional and 17 angel.

Investors in Lex

Lex has secured backing from 31 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Bumble, 9 Count and HopeLab.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Pre-seed and seed-stage startups are targeted for investments by Slauson.
slauson.coLos Angeles, United States
Venture capital funding is provided for nightlife tech startups.
bestnights.vc
Tech focused early-stage micro VC firm investing in the US
greatoaksvc.comNew York, United States
Early-stage venture capital funding is provided to startup founders.
graphventures.comSan Francisco, United States
Early-stage investments are made in US women-led tech startups.
femalefoundersfund.comNew York, United States
Tech startups are funded by Alpaca venture capital firm.
alpaca.vcNew York, United States
Tech focused VC firm investing in early stage companies in the US
redswan.vcNew York, United States
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
gaingels.com
Tech focused Seed & Early stage VC firm investing primarily in the US
coriginventures.comNew York, United States
Early-stage tech startups in regulated markets are funded by TVP.
tusk.vcNew York, United States
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Investor details for Lex

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Lex

4 people are tracked at Lex (3 in leadership, 1 in team).

NameRoleGroup
Jennifer Rhiannon Lewis
COOLeadership
Kell Rakowski
CEO/FounderLeadership
Jen
Co-founder/COOLeadership
Patience O.
People OperationsTeam
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Complete people profiles for Lex

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Timeline of Lex

4 dated milestones of Lex across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lex is founded.
  2. Funding First funding round of $1.5M.
  3. Funding Latest funding round, Seed, of $5.6M.
  4. Exit Acquired by 9 Count.

Competitors of Lex

Lex has 3 listed competitors in our database, 1 of them funded. They include Hornet, Grindr and Growlr.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hornet.com2011Hempstead, United States$16.5M
Hornet is operated as a social networking app for the queer community.
grindr.com2008Los Angeles, United States42
Geolocation-based dating and social platform for LGBT community is provided.
growlrapp.com2010Philadelphia, United States242
Nearby gay individuals are connected through a social networking platform.
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Detailed competitors of Lex

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Verified entity values are shown only after access is granted.

Web traffic of Lex

The website of Lex (lex.lgbt) receives about 44.6K visits a month and ranks #1,106,497 among all websites worldwide, #187 in LGBTQ.

  • Monthly visits
    44.6K

    ▲ 56.6% vs previous month

  • Unique visitors
    13.9K

    per month

  • Global rank
    #1,106,497

    among all websites

  • Category rank
    #187

    Community and Society · LGBTQ

Similar websites

Websites whose visitors overlap most with Lex. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
everyqueer.com
everyqueer.com
100%
#721,396–
latenightcruisin.com
latenightcruisin.com
88%
#1,808,888–
taimi.com
83%
293.5K#213,184View details
cruisinggays.com
cruisinggays.com
83%
#220,027–
autostraddle.com
autostraddle.com
83%
#61,845–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for Lex

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
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Top companies in Social Platforms

3 companies that operate in the same segment as Lex (Social Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online social networking and communication services are provided globally.
2004Menlo Park, California, United StatesUSD 1.77 B23,339
ESports social video streaming platform
2006San Francisco, California, United StatesUSD 35.12 M
Subscription-based platform for publishers' content management is provided.
2017San Francisco, California, United StatesUSD 189.5 MUSD 1.45 M4,285
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Related news about Lex

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Complete news archive for Lex

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Frequently Asked Questions about Lex

Lex was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Lex is headquartered in New York, United States. It is registered at New York, New York, United States.

Lex is a funded company, having raised a total of $7.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 2020.

Lex is designed as a social networking platform for the queer community. Connections are facilitated through local dating, friendships, events, and groups. The app is focused on creating safe spaces for LGBTQ individuals to interact. Various community activities and meetups are supported through the platform. Emphasis is placed on enhancing user engagement within local queer networks.

Lex's top competitors include Grindr, Hornet and Growlr.

Lex has 31 investors. Key investors include Bumble, 9 Count, HopeLab, Peter A Boyce, and Slauson.

Yes. Lex was acquired by 9 Count in September 2024.

Yes. Lex publishes Lex: Queer & LGBTQ+ Friends and 1 more app, with over 100,000 downloads.

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