Lexroom - About the company
Lexroom is a series B company based in Milan (Italy), founded in 2023 by Paolo Fois. It operates as an AI powered legal research assistant. Lexroom has raised $73M in funding from investors like Entourage, Vento and Left Lane. The company has 485 active competitors, including 57 funded and 10 that have exited. Its top competitors include companies like Harvey, Relativity Technologies and Epiq.
Company Details
AI powered legal research assistant. It leverages AI algorithms to help lawyers complete legal research. The platform uses semantic search engines and generative algorithms to search and access legal informations. The platform integrates with lawyers workflow to conduct, and manage the research.
Key Metrics
Founded Year
2023
Location
Milan, Italy
Stage
Series B
Total Funding
$73M in 4 rounds
Latest Funding Round
Ranked
13th among 485 active competitors
Employee Count
145 as on May 31, 2026
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Lexroom's funding and investors
Lexroom has raised a total funding of $73M over 4 rounds. Its first funding round was on Jan 16, 2024. Its latest funding round was a Series B round on May 19, 2026 for $*****. 6 investors participated in its latest round. Lexroom has 10 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Lexroom:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2026 | 3829753 | Series B | 3275867 | 3824567 | 7083655 | 8073998 |
Sep 29, 2025 | 7194434 | Series A | 2059501 | 7790550 | 4904609 | |
Mar 11, 2025 | 1719213 | Seed | 2908774 | 7824021 |
View details of Lexroom's funding rounds and investors
Lexroom's founders and board of directors
Founder? Claim ProfileThe founders of Lexroom is Paolo Fois.
Here are the details of Lexroom's key team members:
- Paolo Fois: Co-Founder & CEO of Lexroom and founder of 1 other company. Contact Info: 1 email address
View details of Lexroom's Founder profiles and Board Members
Lexroom's employee count trend
Lexroom has 145 employees as of May 26. Here is Lexroom's employee count trend over the years:
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Lexroom's Competitors and alternates
Top competitors of Lexroom include Harvey, Relativity Technologies and Epiq. Here is the list of Top 10 competitors of Lexroom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Harvey 2022, San Francisco (United States), Series G | Provider of an AI software for legal and professional services | $1.22B | 74/100 | |
2nd | Relativity Technologies 1997, Raleigh (United States), Acquired | Developer of AI-powered software for legal data management and analysis | $136M | 68/100 | |
3rd | Epiq 1988, New York City (United States), Acquired | Provider of legal and compliance services integrating people, process, and technology | - | 67/100 | |
4th | Wordsmith 2023, New York City (United States), Series B | Developer of AI-powered legal workspace for contract review and drafting | $100M | 64/100 | |
5th | Developer of agentic software for automating complex legal work tasks | $866M | 64/100 | ||
6th | Provider of an AI platform for legal research, drafting, and analysis | $15M | 62/100 | ||
7th | BRYTER 2018, New York City (United States), Series B | Provider of an AI productivity suite and workflow automation platform | $90M | 62/100 | |
8th | GC AI 2023, San Francisco (United States), Series B | Provider of in-house legal AI | $71.5M | 62/100 | |
9th | Legl 2015, London (United Kingdom), Series B | Provider of software for legal compliance and client onboarding workflows | $25M | 61/100 | |
10th | Paxton 2023, Portland (United States), Series A | Generative AI solutions for legal research and drafting | $28M | 60/100 | |
13th | AI powered legal research assistant | $73M | 58/100 |
Looking for more details on Lexroom's competitors? Click here to see the top ones
Lexroom's Investments and acquisitions
Lexroom has made no investments or acquisitions yet.
News related to Lexroom
Media has covered Lexroom for a total of 3 events in the last 1 year.
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Italian AI LegalTech startup Lexroom raises €42.9 million Series BEU-Startups•May 19, 2026•Lexroom, Left Lane, Acurio Ventures, Entourage and 6 others
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Italian GenAI legal platform Lexroom closes €16 million funding roundEU-Startups•Sep 29, 2025•Acurio Ventures, Lexroom, Base10 Partners
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Lexroom.ai raises €2 million to transform legal research with vertical generative AIEU-Startups•Mar 11, 2025•Lexroom, Entourage, Verve Ventures, Vento and 5 others
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Italian AI legal tech scale-up Lexroom raises €2M; aims to grow its AI development team in EuropeSilicon Canals•Mar 11, 2025•Lexroom, Verve Ventures, Vento, xEquity Group
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The ‘AI lawyer’ is here: This Italian startup lands €2M to transform legaltechTech Funding News•Mar 11, 2025•Lexroom, Entourage, Verve Ventures, Vento and 2 others
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Milan-based Lexroom.ai Secures €2 Million in Seed FundingStartup Rise EU•Mar 11, 2025•Lexroom, Entourage, Verve Ventures, Vento and 7 others
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Lexroom.ai Closes Pre-seed Round Of 500,000 EurosTeleborsa•Jan 16, 2024•Lexroom, Vento, Schwab Asset Management
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