LexCheck, Inc.

LexCheck, Inc. is a US-based company that provides AI-powered contract review software, streamlining the legal operations of businesses by reducing the review time of contracts significantly. Founded in 2014 and headquartered in New York, US, LexCheck, Inc. specializes in AI contract review solutions.

The company, led by CEO Gary Sangha, has raised a total of USD 17. 00 mn through its Series A funding round in December 2022, with Mayfield Fund as the lead investor and Gaingels participating. This funding aims to support LexCheck's ongoing development and market expansion efforts, enhancing its innovative technology. LexCheck offers AI-powered contract review software that includes LexCheck Insights and LexCheck Copilot.

These tools assist legal professionals and corporate legal departments in automating contract tasks and providing comprehensive insights directly within Microsoft Word, catering to various sectors including finance, technology, and healthcare. The products are marketed globally, focusing on North America and Europe. LexCheck operates on a subscription-based model, allowing clients to access its flagship products through tailored monthly or annual plans. This structure enables businesses to efficiently manage their legal processes while providing LexCheck with predictable revenue streams, reinforcing the value of its AI-driven technology in the legal tech landscape.

In December 2022, LexCheck, Inc. secured USD 17. 00 mn in Series A funding aimed at accelerating its product delivery and enhancing its technology. The company plans to expand its offerings and enter new markets, particularly within North America and Europe, aligning with the growing demand for legal tech solutions.

Recent funding will facilitate the development of new products and support expansion efforts.