Lexion

Seattle, United States Founded: 2019 • Age: 7 yrs Acquired By DocuSign
AI-powered software is used for contract lifecycle management and automation.
Annual revenue - Latest available
Total funding $35.2M 4 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Lexion

Lexion is a company based in Seattle (United States) founded in 2019 by Gaurav Oberoi, James Baird, and Emad Elwany was acquired by DocuSign in May 2024. Lexion has raised $35.2 million across 4 funding rounds from investors including DocuSign, Khosla Ventures and Wilson Sonsini Goodrich & Rosati. Lexion offers products and services including Workflow, Repository, No-Code Automation, and AI Contract Assist. Lexion operates in a competitive market with competitors including DocuSign, Sirion, Conga, Evisort and Luminance AI, among others.

  • Headquarter Seattle, United States
  • Founders Gaurav Oberoi, James Baird, Emad Elwany
  • Sectors
    Professional & Legal Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Docusmart Inc
Operational Areas
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $35.2 M (USD)

    in 4 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Apr 19, 2023

  • Investors
    DocuSign

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    DocuSign

    (May 06, 2024)

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Products & Services of Lexion

Lexion offers a comprehensive portfolio of products and services, including Workflow, Repository, No-Code Automation, and AI Contract Assist.

Product name locked
Category locked
Primary

Manages contract tasks and collaborations efficiently

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Centralizes contracts for tracking and analysis

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Automates approvals and document processes seamlessly

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Assists in drafting and negotiating contracts quickly

People of Lexion

Headcount 50-200
Employee Profiles 7
Board Members and Advisors 4
Employee Profiles
People
Abraham Hyun
Business Development Representative II
People
Patrick Higgins
Business Development
People
Jack Frickleton
Business Development Representative
People
Jane Fronczak, JD
Sr. Client Success Manager and Team Lead

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Board Members and Advisors
people
Tim Porter
Board Member
people
Kanu Gulati
Board Member
people
David Wang
Board Member
people
Sri Chandrasekar
Board Member

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Funding Insights of Lexion

Lexion has successfully raised a total of $35.2M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in April 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.

Investors in Lexion

Lexion has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include DocuSign, Khosla Ventures and Wilson Sonsini Goodrich & Rosati.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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Corporate venture capital firm backed by Citi
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Early-stage startups are funded by this venture capital firm.
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Investor details for Lexion

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Lexion

Investments
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Investment portfolio details for Lexion

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Lexion

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Detailed financials for Lexion

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  • Profit trends
  • Statement rows
  • Financial ratios

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Lexion Comparisons

Lexion Primary company
Description
AI-powered software is used for contract lifecycle managemen...
Location
Seattle, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lexion

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Lexion

Lexion 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 DocuSign, Sirion, Conga, Evisort and Luminance AI, among others.

Company Name Domain Founded year HQ Location Description
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Cloud and AI-based electronic signatures and contract management are provided.
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AI-powered software for legal contract management is utilized.
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Contract lifecycle management is facilitated via a cloud-based platform.
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Contract lifecycle management software is developed using AI-powered intelligence.
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AI based platform for contract analytics and due diligence
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Provider of contract lifecycle management platform with AI and agentic workflows
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Detailed competitors of Lexion

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Lexion

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Complete news archive for Lexion

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lexion

Lexion was founded in 2019.

Lexion is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Gaurav Oberoi is the current CEO of Lexion. They have also founded this company.

Lexion is a funded company, having raised a total of $35.2M across 4 funding rounds to date.

Lexion was founded in 2019 in Seattle, United States, as a provider of AI-powered software in the legal technology sector. Contracts and agreements are managed through the platform, with obligations and deadlines organized automatically. Renewals are handled without manual intervention, while payments and termination notices are tracked. Documents and contracts are shared securely among users to support operational efficiency.

Lexion's top competitors include DocuSign, Evisort and Sirion.

Lexion offers Workflow, Repository, No-Code Automation, and AI Contract Assist.

Lexion has 8 investors. Key investors include DocuSign, Khosla Ventures, Wilson Sonsini Goodrich & Rosati, Point72 Ventures, and Citi Ventures.

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