Lexion

Lexion

Software Development

Seattle, WA 7,881 followers

The fastest way to get contracts done right (powered by award winning AI)

About us

Lexion is now part of Docusign! Our simple and powerful contract management system helps you scale legal and accelerate contracting with email-driven workflows and an AI-powered repository. If you care about actual adoption, minimal change management, and ease-of-use, we’re the solution for you. In a single platform, we make it easier to achieve improved: 1) Legal Ticketing: manage the intake of requests (contract reviews, legal/privacy/compliance questions, marketing content review, and more) 2) Contract Generation: empower your business to create template contracts on their own 3) Status Tracking: track/report on the status of projects 4) KPI Reporting: analyze/report on key performance metrics 5) Contract Analysis & Powerful Repository: find and analyze/report about what’s in your contracts with great search and AI All while the rest of the business can stay in email and chat (Slack or Teams) so they don't have to learn another tool. About us: Lexion was founded at a prestigious artificial intelligence research institute (AI2) and we’re backed by the same investors that funded OpenAI (Khosla Ventures), helped launch Amazon (Madrona Venture Group), and have advised Google (Wilson Sonsini). With a top notch and experienced team from Microsoft, Facebook, Google, and Amazon, we built the only contract management system that CB Insights ranked the #1 most promising AI legal tech startup in the world two years in a row (2020, 2021). More importantly, fantastic brands trust Lexion to manage their contracts: Brooks Running, Outreach, RetailNext, OfferUp, Blue Nile, and many more.

Website
https://www.lexion.ai
Industry
Software Development
Company size
51-200 employees
Headquarters
Seattle, WA
Type
Privately Held
Founded
2018
Specialties
Contract Analysis, Contract Management, Contract Lifecycle Management, Artificial Intelligence, Legal Operations, Legal Ticketing, Machine Learning, Natural Language Processing, Legal Request Tracking, and Task and Contract Reporting

Products

Locations

Employees at Lexion

Updates

  • View organization page for Lexion, graphic

    7,881 followers

    Don't miss this week's free CLE webinar, Commercial Contracting Basics: How to Review the Clauses that Actually Matter, Part 2. Join Jessica Nguyen and Aaron Kornblum, JD, CISSP for a recap of the key commercial terms every in-house counsel should know, including live review of an agreement—with Jessica and Aaron offering tips, tricks, and key considerations along the way. 🗓️ Tuesday, June 11 🕘 9am PT / 12pm ET 📍 Live Zoom Webinar RSVP here 👉 https://ow.ly/WXak50Seh0g

    RSVP Today

    RSVP Today

    lexion.ai

  • View organization page for Lexion, graphic

    7,881 followers

    It’s official. Lexion joins Docusign. Excited for the next stage of innovation and growth. 🚀

    View profile for Allan Thygesen, graphic
    Allan Thygesen Allan Thygesen is an Influencer

    CEO, Docusign

    What a week for Docusign! We delivered Docusign IAM, our Intelligent Agreement Management platform, into general availability yesterday, and today we closed our deal to acquire Lexion, the AI agreement workflow platform company. The team has put in an incredible amount of work to solve the seemingly intractable agreement management problems that have plagued companies for years, and represent a loss of two trillion dollars, according to Deloitte. The Docusign IAM platform is designed to use AI to modernize agreement management so businesses of all kinds can transform agreement data into insights and actions, accelerate contract review cycles, and boost productivity organization-wide.  I’ve spent the last couple of months traveling the globe, talking to our customers about these problems.  The pain is acutely felt, the appetite for this kind of solution is high, and I am excited to see how Docusign IAM benefits the organizations who adopt it.  This week’s launch is a real milestone for our company transformation, but it’s just the beginning. With the acquisition of Lexion, we’ll be accelerating our Intelligent Agreement Management journey as we incorporate their proven technology into our Docusign IAM platform, and combine our industry-leading teams.  We are thrilled to be partnered with Lexion co-founders Gaurav Oberoi and Emad Elwany and their incredible team.  Congratulations to the Docusign and Lexion teams on a momentous week! https://lnkd.in/gEmza-8V

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  • Lexion reposted this

    View organization page for Day Pitney LLP, graphic

    8,608 followers

    On May 30, Day Pitney hosted "AANHPI Voices: A Dialogue on Cultural Identity and Mental Health" to acknowledge Asian American, Native Hawaiian, Pacific Islander Heritage and Mental Health Awareness Month. The AANHPI Voices fireside chat guest speakers Attorney Jessica Nguyen (Lexion) and Sally Chung, PsyD, ABPP discussed challenges colleagues within this community experience in the workplace, as well as the intersectionality of cultural identity and mental health. The program was an interactive exchange of ideas that nurtured curiosity and invited participation from all. Read more: https://hubs.ly/Q02z7cRN0. #AANHPIHeritageMonth #DEI #Diversity #MentalHealth

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  • View organization page for Lexion, graphic

    7,881 followers

    Nice sweater! Thank you for the kind words of congratulations Nada Alnajafi and founder of Contract Nerds. We're proud to be your first sponsor and sponsor for the past several years. It has been a pleasure to be a part of your growing and successful contracts community. Our partnership continues and we're honored to be a sponsor of your next free CLE webinar on June 13th regarding "How to change no to yes in contract negotiations" featuring legal powerhouses Laura Frederick, Olga V. Mack, and Heather Stevenson. Registration link in a comment. #contracts #cle #webinar #legal

    View profile for Nada Alnajafi, graphic

    Award Winning In-House Counsel | Founder of Contract Nerds 📝 🤓 | Author of Contract Redlining Etiquette | Keynote Speaker & In-House Trainer

    I wanted to take a moment to congratulate my friends at Lexion! Lexion not only has an amazing CLM product, but they are also good people. It was never just about sales for them. It was about helping contracts professionals. Being a part of the community. Improving the way we work with contracts. I am so proud of my friends at Lexion for their recent acquisition by Docusign. They worked so hard to get to this place and they deserve this happy ending / new beginning. To much more continued to success! Gaurav Oberoi, Emad Elwany, Jessica Nguyen, Krysta Johnson, Chase Kepler, J.D., and many others 🥂. --------------------- p.s. For more Lexion/Contract Nerds magic, come join us for our next webinar. Link in comments ⬇️. p.s.s. This pic is from last year but I never got around to posting it. I wonder if this sweater will be a collector's item one day! #lexion #docusign #clm #acquisition #peopleareeverything #congrats

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  • View organization page for Lexion, graphic

    7,881 followers

    Finding the right CLM for your company can feel like an overwhelming undertaking. Lexion has always been about making it easy. That's why we're participating in The GC Collective Demo Day on May 23rd, with Lexion's demo kicking off at 9:30am PT / 12:30pm ET. Join Krysta Johnson and Lena Fields, Esq. for a closer look at how Lexion can help streamline and simplify your end-to-end contract lifecycle with automation and AI. 🗓️ Thursday, May 23rd 🕘 9:30am PT / 12:30pm ET Register here: https://lnkd.in/g6WhUuZc #CLM #contractmanagement #legaltech

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  • View organization page for Lexion, graphic

    7,881 followers

    The role of GenAI in business is only going to increase. Its evolution and growth pose new and interesting questions for commercial contracting, ranging from intellectual property issues to liability, privacy and more. Looking for an easy way to get up to speed on these issues and more? Join Nada Alnajafi, David Tollen, and Shannon Yavorsky for a free CLE webinar with Contract Nerds sponsored by Lexion on Contracts for Generative AI: Terms and Troubles. 🗓️ Thursday, May 16 🕘 9am PST / 12pm ET / 4pm GMT Together, they'll dive deeper into: ✅ IP rights to training data, prompts, and outputs ✅ Liability for “machine wrongdoing” ✅ Indemnities for IP, privacy, defamation, and more ✅ Confidentiality related to inputs and outputs and related NDA terms ✅ Privacy compliance challenges ✅ And more! Register to join here: https://lnkd.in/dpTfKD-D #contractnerds #CLE #webinar #genAI #generativeAI

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  • View organization page for Lexion, graphic

    7,881 followers

    Want a closer look at Lexion but not ready to talk with Sales? Join us tomorrow (Wednesday, May 15) for a 30-minute live demo and Q&A with John Meyer, CIPP/US, CIPP/E, General Counsel, Chief Privacy Officer & Corporate Secretary at Zeem Solutions, and Chase Kepler, J.D., Director of Customer Success at Lexion. Hear firsthand about John's experience with Lexion, get answers to your most pressing questions, and learn more about our 60-day implementation guarantee. 🗓️ Wednesday, May 15 🕙 10am PT / 1pm ET 📍 Live Zoom Webinar Register to join us here: https://lnkd.in/g7KwP9qg

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  • View organization page for Lexion, graphic

    7,881 followers

    What’s the most valuable question you can answer when you’re trying to solve a problem? It’s not how. It’s why. Understanding the problem helps to ensure you arrive at the RIGHT answer, not just AN answer. On the heels of last week’s announcement that Lexion is joining forces with Docusign, we were thrilled to see GeekWire’s piece on Lexion’s CEO and co-founder, Gaurav Oberoi. In it, the Geekwire team dives deep on Gaurav’s track record for building world-class companies, his relentless curiosity and customer-centricity, and the steps (in Gaurav’s case, literally) that helped build the company and platform that Lexion is today. Check out the full story here: https://lnkd.in/gRxj6_Pg #startup #founder

    Serial entrepreneur Gaurav Oberoi strikes again: Lexion’s sale to Docusign shows methodical approach to building startups

    Serial entrepreneur Gaurav Oberoi strikes again: Lexion’s sale to Docusign shows methodical approach to building startups

    geekwire.com

  • View organization page for Lexion, graphic

    7,881 followers

    CLOC day 3! Need a pick-me-up? ☕️ Your Lexionistas are standing by with espresso in Booth 111! Come grab a fresh coffee drink on us, learn how you can streamline and accelerate your ops from intake through signature (and beyond) with leading-edge automation and AI, and walk away with some tote-ally awesome swag. Then head over to I'm The Problem, It's Me: Actionable Steps For More Inclusive Cross Functional Collaboration, a facilitated discussion on steps you can take today to foster more inclusive environments with Jessica Nguyen, Cindy Kaneshiro, and Mark Allen. 🕑 1:55-2:45 PM 📍Juniper Ballroom 3 #CLOC #CGI2024 #CGI24

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  • View organization page for Lexion, graphic

    7,881 followers

    You’re at CLOC? We’re at CLOC! 👋 Come see Lexion in Booth 111 to meet the team and get a closer look at how automation and AI can help simplify and streamline your end-to-end contracting processes and workflows. 👉 Plus, don’t forget to join Jessica Nguyen, Cindy Kaneshiro, and Mark Allen tomorrow for their facilitated discussion on fostering inclusive environments—I’m the Problem, It’s Me: Actionable Steps For More Inclusive Cross-Functional Collaboration. 🗓️ Wednesday, May 8 🕑 1:55-2:45 PM  📍Juniper Ballroom 3 See you soon! #CLOC #CGI2024 #legalops

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Funding

Lexion 3 total rounds

Last Round

Series B

US$ 20.0M

See more info on crunchbase