
Lexion is an AI-powered contract management software company that helps operations teams accelerate deals and streamline contract workflows across legal, sales, procurement, HR, finance, and IT departments. Founded in 2019 by AI and legal experts from the Allen Institute for AI, Lexion offers a centralized platform that automates contract lifecycle management with no-code workflow automation, AI-powered contract repository, and seamless integrations with popular business tools like email, Slack, Salesforce, and DocuSign. The company focuses on simplifying adoption with email-driven workflows and aims to scale businesses without increasing legal headcount. Lexion is recognized for its ease of use, industry-leading AI technology, and strong traction with over 100 million data points extracted from contracts and numerous enterprise customers. It is backed by top-tier venture capital firms and has received multiple awards for usability and support.

Lexion is an AI-powered contract management software company that helps operations teams accelerate deals and streamline contract workflows across legal, sales, procurement, HR, finance, and IT departments. Founded in 2019 by AI and legal experts from the Allen Institute for AI, Lexion offers a centralized platform that automates contract lifecycle management with no-code workflow automation, AI-powered contract repository, and seamless integrations with popular business tools like email, Slack, Salesforce, and DocuSign. The company focuses on simplifying adoption with email-driven workflows and aims to scale businesses without increasing legal headcount. Lexion is recognized for its ease of use, industry-leading AI technology, and strong traction with over 100 million data points extracted from contracts and numerous enterprise customers. It is backed by top-tier venture capital firms and has received multiple awards for usability and support.
What they do: AI-powered contract lifecycle and operations workflow platform
Founded: 2019 (incubated at the Allen Institute for AI)
Funding before acquisition: $35.2M total (seed, Series A, Series B)
Acquisition: Acquired by DocuSign (definitive agreement announced May 6, 2024)
Contract lifecycle management and operations workflow automation
2019
Enterprise software / LegalTech
$4,200,000
Seed round announced July 2019
$11,000,000
Series A announced June 17, 2021
$20,000,000
Series B announced April 19, 2023 with participation from Citi Ventures and others
“Backed by institutional venture firms including Khosla Ventures, Point72 Ventures, Madrona Venture Group, and participation from Citi Ventures”