Lexlegis - About the company
Lexlegis is a series A company based in Mumbai (India), founded in 2024 by Saakar Yadav. It operates as a Provider of AI legal solutions for document analysis and legal drafting. Lexlegis has raised $7.16M in funding from Himalaya Finance and Investment, with a current valuation of ₹*****. The company has 432 active competitors, including 63 funded and 12 that have exited. Its top competitors include companies like Spotdraft, Casetext and Relativity Technologies.
Company Details
Provider of AI legal solutions for document analysis and legal drafting. The platform offers legal research, document interaction, and rapid drafting capabilities. It provides answers to legal queries with supporting citations. The AI explains its reasoning and limits itself to the trained model. The platform is designed for law firms, corporate legal departments, courts, and government departments.
- Website
- lexlegis.ai
- Social
- Email ID
- *****@lexlegis.ai, *****@lexlegis.ai
- Phone Number
- +91 **********
- Registered Address
- 410 FLR 4 PLOT 212, TULSIANI CHAMBERS, Nariman Point, Mumbai, Mumbai, Maharashtra, India, 400021
Key Metrics
Founded Year
2024
Location
Mumbai, India
Stage
Series A
Total Funding
$7.16M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 19, 2024
Investors
Ranked
23rd among 432 active competitors
Employee Count
10 as on Aug 31, 2025
Legal entities associated with Lexlegis
Lexlegis is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LEXLEGIS SOLUTIONS PRIVATE LIMITED CIN: U63110MH2024PTC426876 , India, Active | Jun 12, 2024 | $115K (As on Mar 31, 2025) | 10 (As on Aug 31, 2025) |
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Lexlegis's funding and investors
Lexlegis has raised a total funding of $7.16M over 3 rounds. Its first funding round was on Aug 01, 2016. Its latest funding round was a Series A round on Sep 05, 2024 for $*****. 18 investors participated in its latest round. Lexlegis has 6 institutional investors and 23 angel investors.
Here is the list of recent funding rounds of Lexlegis:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 05, 2024 | 3448839 | Series A | 3942193 | 2666961 | 1435764 | 2325989 |
Sep 01, 2016 | 2638099 | Grant (prize money) | 3177496 | 8303986 | 7581474 | |
Aug 01, 2016 | 5228845 | Grant (prize money) | 9358742 | 7726297 | 3937623 |
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Lexlegis' founders and board of directors
Founder? Claim ProfileThe founders of Lexlegis is Saakar Yadav.
Here are the details of Lexlegis' key team members:
- Saakar Yadav: Co-Founder & Director of Lexlegis. They serve on the board of 1 company.
View details of Lexlegis's Founder profiles and Board Members
Lexlegis' employee count trend
Lexlegis has 10 employees as of Aug 25. Here is Lexlegis's employee count trend over the years:
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Lexlegis's Competitors and alternates
Top competitors of Lexlegis include Spotdraft, Casetext and Relativity Technologies. Here is the list of Top 10 competitors of Lexlegis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spotdraft 2017, New York City (United States), Series B | Provider of AI-powered contract management software | $113M | 73/100 | |
2nd | Casetext 2013, San Francisco (United States), Acquired | AI-based legal research assistant | $67.8M | 73/100 | |
3rd | Relativity Technologies 1997, Raleigh (United States), Acquired | Developer of AI-powered software for legal data management and analysis | $136M | 69/100 | |
4th | Harvey 2022, San Francisco (United States), Series F | AI powered legal research assistant for law firms | $1.02B | 68/100 | |
5th |  ContractPod Technologies 2012, London (United Kingdom), Series C | Cloud-based contract life cycle management software provider | $202M | 67/100 | |
6th | Provider of legal and compliance services integrating people, process, and technology | - | 66/100 | ||
7th | Provider of an AI platform for legal research, drafting, and analysis | $15M | 62/100 | ||
8th |  BRYTER 2018, New York City (United States), Series B | Provider of an AI productivity suite and workflow automation platform | $90M | 60/100 | |
9th | Paxton 2023, Portland (United States), Series A | Generative AI solutions for legal research and drafting | $28M | 60/100 | |
10th | Ivo 2022, San Francisco (United States), Series B | AI powered legal contract review software | $77.2M | 58/100 | |
23rd | Provider of AI legal solutions for document analysis and legal drafting | $7.16M | 52/100 |
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Lexlegis's Latest cap tables and shareholding
Founders own 29.60%, Funds own 4.36%, Angels (largest shareholder) own 30.79% and Other People own 27.61%. The net worth of Lexlegis's founders is INR 88.2Cr as of Dec 19, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 29.60% | 88.2Cr | 6246670 | 1201547 | 4458820 | 9219082 |
Fund | 4.36% | 13Cr | 5214 | 8462 | 3239 | 1167 |
8249 | 1366 | 7002 | 4375 | 7255 | 3756 | |
Angel | 30.79% | 91.8Cr | 8548615 | 9620397 | 7248402 | 1687918 |
44 | 63 | 76 | 54 | 14 | 36 | |
Other People | 27.61% | 82.3Cr | 9416500 | 1138349 | 2624853 | 6218291 |
Other Investors | 7.63% | 22.8Cr | 9158313 | 7191790 | 6967012 | 2892599 |
Total | 99.99% | 298Cr | 5691657 | 8330583 | 8622682 | 5035828 |
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DisclaimerView more details of Lexlegis's Shareholding
Lexlegis's Investments and acquisitions
Lexlegis has made no investments or acquisitions yet.
Reports related to Lexlegis
Here is the latest report on Lexlegis's sector:
News related to Lexlegis
Media has covered Lexlegis for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Larsen & Toubro Vyoma and LexLegis Partner for Legal AI on Sovereign CloudIndianWeb2•Feb 20, 2026•Lexlegis,
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LexLegis.ai Transforms Legal Research with AI in India and is Set to Expand GloballyPR Newswire•Aug 22, 2024•Lexlegis
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Lexlegis.ai Launches Legal AI Platform to Empower Tax and Legal ProfessionalsBusiness News This Week•Aug 22, 2024•Lexlegis
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