Fundz

Lexcheck Raises A $5 Million Round Reflecting Its Success In Transforming How Businesses Review And Negotiate Contracts

PRIVATEMar 24, 2022

Amount Raised

$5 Million

Round Type

Funding Round

New YorkInformation TechnologyProfessional ServicesSoftwareEducationPrivacy And Security

Description

LexCheck, the leading AI-powered contract negotiation platform, has raised an additional $5 million of funding, led by Ulu Ventures and including participation from Kli Capital and Howard Morgan among other distinguished investors. The additional funding is being used to further fuel LexCheck's impressive growth as a trusted solution in the legal technology sector.

Quick answer

LexCheck raised $5 Million in a Funding Round round, dated March 24, 2022. LexCheck is based in New York, United States.

How much did LexCheck raise?
LexCheck raised $5 Million in a Funding Round round on March 24, 2022.
What does LexCheck do?
LexCheck frees legal teams to bring strategic value to the business by simplifying and accelerating commercial contracting processes.
Where is LexCheck based and how big is it?
LexCheck is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Professional Services and Education around the same time

Companies in the same sectors as LexCheck that raised within 45 days of this round, from Fundz verified event records.

  • Nudge Security raised $7M (Seed) on April 5, 2022.
  • Bluon, Inc. raised $29M on March 25, 2022.
  • Securonix, Inc. raised an undisclosed amount on February 15, 2022.
  • Canonic Security raised an undisclosed amount (Seed) on February 9, 2022.
  • Sentry raised $90M (Series E) on May 4, 2022.
  • Veza raised $110M (Funding Round) on April 27, 2022.

Who to call at LexCheck, and when

A new round usually means LexCheck is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day LexCheck raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at LexCheck, from your own LinkedIn network

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Company Information

Company

LexCheck

Location

New York, United States

About

LexCheck frees legal teams to bring strategic value to the business by simplifying and accelerating commercial contracting processes. LexCheck delivers on this promise by creating digital playbooks—based on industry best practices or bespoke to each company’s contracting standards—that automate first-pass contract reviews by delivering redlines, comments, contextual insertions and deletions, and automatically escalating deviations against playbook preferred positions in minutes.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment LexCheck raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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LexCheck raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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