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