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
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Sectors
Professional & Legal Services
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Email
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Phone
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Website
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Social
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- Legal Name Docusmart Inc
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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. 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.
Manages contract tasks and collaborations efficiently
Centralizes contracts for tracking and analysis
Automates approvals and document processes seamlessly
Assists in drafting and negotiating contracts quickly
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $20.0M
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First Round
First Round
(19 Jul 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Series B - Lexion | Valuation | Point72 Ventures | |
| Jun, 2021 | Amount | Series A - Lexion | Valuation | Khosla Ventures | |
| Jan, 2020 | Amount | Seed - Lexion | Valuation | AI2 Incubator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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 |
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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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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Lexion
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lexion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Lexion Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lexion
Frequently Asked Questions about Lexion
When was Lexion founded?
Lexion was founded in 2019.
Where is Lexion located?
Lexion is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Lexion?
Gaurav Oberoi is the current CEO of Lexion. They have also founded this company.
Is Lexion a funded company?
Lexion is a funded company, having raised a total of $35.2M across 4 funding rounds to date.
What does Lexion do?
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.
Who are the top competitors of Lexion?
What products or services does Lexion offer?
Lexion offers Workflow, Repository, No-Code Automation, and AI Contract Assist.
Who are Lexion's investors?
Lexion has 8 investors. Key investors include DocuSign, Khosla Ventures, Wilson Sonsini Goodrich & Rosati, Point72 Ventures, and Citi Ventures.
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