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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 727 active competitors, including 101 funded and 36 that have exited. Its top competitors include companies like Sirion, Spotdraft and Luminance.

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.
Social
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Email ID
*****@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
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
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 7 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
5049982
Series A
7772108
9636872
9258363
5226515
Sep 01, 2016
3986617
Grant (prize money)
3164086
2399975
6107222
Aug 01, 2016
3742340
Grant (prize money)
7494842
5044625
6358148
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Lexlegis' founders and board of directors

Founder? Claim Profile
The founders of Lexlegis is Saakar Yadav.
Here are the details of Lexlegis' key team members:

Lexlegis' Board of Directors

Lexlegis's board has 2 active members. Saakar Yadav and Veda Yadav are part of team.
Here is the list of Lexlegis' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 2m
uxpnnst
Team
-
Past
3y 9m

Lexlegis' employee count trend

Lexlegis has 10 employees as of Aug 25. Here is Lexlegis's employee count trend over the years:
Employee count trend for Lexlegis
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Lexlegis's Competitors and alternates

Top competitors of Lexlegis include Sirion, Spotdraft and Luminance. Here is the list of Top 10 competitors of Lexlegis, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sirion
Sirion
2012, Lehi (United States), Acquired
AI-powered contract lifecycle management platform
$171M
74/100
2nd
Logo for Spotdraft
Spotdraft
2017, New York City (United States), Series B
AI-powered contract lifecycle management solution for companies
$113M
72/100
3rd
Logo for Luminance
Luminance
2015, London (United Kingdom), Series C
AI based platform for contract analytics and due diligence
$165M
71/100
4th
Logo for Ironclad
Ironclad
2014, San Francisco (United States), Series E
Platform offering contract lifecycle management software
$333M
70/100
5th
Logo for Relativity Technologies
Relativity Technologies
1997, Raleigh (United States), Acquired
Developer of AI-powered software for legal data management and analysis
$136M
68/100
6th
Logo for Conga
Conga
2006, Broomfield (United States), Acquired
Provider of document automation, contract lifecycle management, and revenue solutions
$140M
68/100
7th
Logo for Icertis
Icertis
2009, Bellevue (United States), Series F
Provider of contract lifecycle management platform with AI and agentic workflows
$497M
67/100
8th
Logo for Epiq
Epiq
1988, New York City (United States), Acquired
Provider of legal and compliance services integrating people, process, and technology
-
67/100
9th
Logo for Summize
Summize
2007, Manchester (United Kingdom), Acquired
Cloud based platform offering legal contract management solutions
$57.6M
65/100
10th
Logo for LinkSquares
LinkSquares
2015, Boston (United States), Series C
Provider of a contract management platform with AI-powered capabilities
$164M
65/100
43rd
Logo for Lexlegis
Lexlegis
2024, Mumbai (India), Series A
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 27.61%, Funds own 4.36%, Angels (largest shareholder) own 30.79% and Other People own 29.60%. The net worth of Lexlegis's founders is INR 82.3Cr as of Dec 19, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
27.61%
82.3Cr
4195372
3497975
3618339
4801979
Fund
4.36%
13Cr
8568
9106
4635
4774
6972
1847
1531
7672
7588
9929
Angel
30.79%
91.8Cr
2091826
9320747
6123038
2277635
75
77
44
42
86
19
Other People
29.60%
88.2Cr
8886641
5487887
4031782
5106817
Other Investors
7.63%
22.8Cr
3533003
2394287
9461966
2086223
Total
100.00%
298Cr
7307499
2336044
6151048
9149745
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View 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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