About LexShares
LexShares is a Professional & Legal Services company based in New York (United States) founded in 2014. Litigation crowdfunding is facilitated through an online marketplace. It operates in the Professional & Legal Services and Financial Services sectors. LexShares has raised $500 thousand across 2 funding rounds from investors including Atlas Venture. Its focus areas include FinTech, Crowdfunding, Revenue Sharing and Legal. Its competitors include Legalist, Litty and LawCoin; 1 of its 3 listed competitors has raised funding.
Company details
LexShares was established in 2014 in New York, United States, within the legal technology sector. An online platform is maintained to enable plaintiffs to secure funding from individual investors for lawsuits. Cases are evaluated via due diligence before listing. Funding targets are defined by plaintiffs, with disbursements occurring upon achievement, less a 10 commission. Returns are distributed to investors and the platform from any successful settlements or judgments.
- Headquarters New York, United States
- SectorsProfessional & Legal ServicesFinancial Services
- Website lexshares.com
- Social LinkedIn X Facebook
- Total Equity Funding$500K (USD)
in 2 rounds
- Latest Funding Round$500K (USD), Series A
Mar 2016
- Investors
Funding Insights of LexShares
LexShares has successfully raised a total of $500K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in March 2016. 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 $500,000
- Total Rounds 2
- Last Round Series A — $500,000
- Investors Count 1
All 2 funding rounds of LexShares 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 |
|---|---|---|---|---|---|
| Mar 2016 | $500,000 | Series A | – | – | – |
| Nov 2014 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in LexShares
LexShares has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Atlas Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States |
Investor details for LexShares
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of LexShares
4 people are tracked at LexShares (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Kenneth Harmon | Director of Risk & Deputy General Counsel | Leadership |
Max Schmidt | Managing Director of Investments | Leadership |
Magdalena Kusz | Legal Analyst | Team |
Wali Rahman | Software Development Manager | Team |
Complete people profiles for LexShares
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LexShares
3 dated milestones of LexShares across 2 years, from founding to its latest funding, stage changes and deals.
- Founded LexShares is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $500K.
Competitors of LexShares
LexShares has 3 listed competitors in our database, 1 of them funded. They include Legalist, Litty and LawCoin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| legalist.com | 2016 | San Francisco, United States | $11.62M | Litigation financing is provided to businesses for commercial lawsuits. | ||
| litty.ai | 2019 | San Francisco, United States | Cloud and AI-based software for litigation fund management is provided. | |||
| lawcoinx.com | 2018 | Philadelphia, United States | Blockchain solutions for litigation finance and legal services are offered. |
Detailed competitors of LexShares
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.
Web traffic of LexShares
The website of LexShares (lexshares.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 29.9% vs previous month
Websites whose visitors overlap most with LexShares. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| greenboxcapital.com | 100% | 12K | #1,789,253 | View details | |
| yieldstreet.com | 100% | 7.8K | #871,775 | View details |
Top companies in Legal Tech
3 companies that operate in the same segment as LexShares (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered legal research assistance is provided to law firms. | 2022 | San Francisco, California, United States | USD 1.82 B | 1,840 | ||
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M |
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Related news about Lexshares
Complete news archive for LexShares
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Frequently Asked Questions about LexShares
LexShares was founded in 2014.
LexShares is headquartered in New York, United States. It is registered at New York, New York, United States.
LexShares is a funded company, having raised a total of $500K across 2 funding rounds to date.
LexShares was established in 2014 in New York, United States, within the legal technology sector. An online platform is maintained to enable plaintiffs to secure funding from individual investors for lawsuits. Cases are evaluated via due diligence before listing. Funding targets are defined by plaintiffs, with disbursements occurring upon achievement, less a 10 commission. Returns are distributed to investors and the platform from any successful settlements or judgments.
LexShares has 1 investor. Key investors include Atlas Venture.