Lexroom - About the company
Lexroom is a series B company based in Bologna (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 Base10 Partners. The company has 372 active competitors, including 48 funded and 8 that have exited. Its top competitors include companies like Casetext, Relativity Technologies and Harvey.
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
Bologna, Italy
Stage
Series B
Total Funding
$73M in 4 rounds
Latest Funding Round
Ranked
14th among 372 active competitors
Employee Count
134 as on Apr 30, 2026
Sign up to download Lexroom's company profile
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 8 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Lexroom:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2026 | 1331494 | Series B | 5627242 | 4988243 | 9463253 | 8838757 |
Sep 29, 2025 | 1549283 | Series A | 3886046 | 6930186 | 2979633 | |
Mar 11, 2025 | 6139708 | Seed | 2431353 | 5581915 |
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. Paolo Fois is the CEO of Lexroom.
Here are the details of Lexroom's key team members:
- Paolo Fois: Co-Founder & CEO of Lexroom and founder of 1 other company.
View details of Lexroom's Founder profiles and Board Members
Lexroom's employee count trend
Lexroom has 134 employees as of Apr 26. Here is Lexroom's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Lexroom's Competitors and alternates
Top competitors of Lexroom include Casetext, Relativity Technologies and Harvey. Here is the list of Top 10 competitors of Lexroom, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Casetext 2013, San Francisco (United States), Acquired | AI-based legal research assistant | $67.8M | 73/100 | |
2nd | Relativity Technologies 1997, Raleigh (United States), Acquired | Developer of AI-powered software for legal data management and analysis | $136M | 69/100 | |
3rd | Harvey 2022, San Francisco (United States), Series F | AI powered legal research assistant for law firms | $1.02B | 67/100 | |
4th | ContractPod Technologies 2012, London (United Kingdom), Series C | Cloud-based contract life cycle management software provider | $202M | 67/100 | |
5th | Provider of legal and compliance services integrating people, process, and technology | - | 66/100 | ||
6th | BRYTER 2018, New York City (United States), Series B | Developer of an AI productivity suite with rule-based workflow automation | $90M | 65/100 | |
7th | Developer of private artificial intelligence system for law firms | $15M | 60/100 | ||
8th | Paxton 2023, Portland (United States), Series A | Generative AI solutions for legal research and drafting | $28M | 59/100 | |
9th | Provider of AI service that analyzes judges rulings for attorneys | $7.4M | 57/100 | ||
10th | Curvestone 2016, London (United Kingdom), Seed | A software company specializing in AI-driven workflow automation solutions tailored for the legal and compliance industry | $4M | 56/100 | |
14th | AI powered legal research assistant | $73M | 57/100 |
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.
•
Italian AI LegalTech startup Lexroom raises €42.9 million Series BEU-Startups•May 19, 2026•Lexroom, Left Lane, Acurio Ventures, Entourage and 4 others
•
Italian GenAI legal platform Lexroom closes €16 million funding roundEU-Startups•Sep 29, 2025•Acurio Ventures, Lexroom, Base10 Partners
•
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
•
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
•
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
•
Milan-based Lexroom.ai Secures €2 Million in Seed FundingStartup Rise EU•Mar 11, 2025•Lexroom, Entourage, Verve Ventures, Vento and 7 others
•
•
Lexroom.ai Closes Pre-seed Round Of 500,000 EurosTeleborsa•Jan 16, 2024•Lexroom, Vento, Schwab Asset Management
Are you a Founder ?
FAQs about Lexroom
Explore our recently published companies
- Coverflow - San Francisco based, 2024 founded, Seed company
- Revox - Meudon based, 2025 founded, Seed company
- Inference Capital - San Francisco based, 2026 founded, Unfunded company
- Happytrucker.com - 2014 founded, Unfunded company
- Tibair - Hyderabad based, 1998 founded, Unfunded company
- Kleen Bill - 2023 founded, Unfunded company
