LexCheck Raises $17M in Series A Funding

LexCheck

LexCheck, a New York-based provider of an AI-powered contract acceleration and intelligence platform, raised $17M in Series A funding.

The round was led by Mayfield Fund.

The company intends to use the funds to accelerate the expansion of its contract review technology. 

Led by CEO Gary Sangha, LexCheck is a contract acceleration and intelligence platform. The company’s technology delivers: 

  • A considered review of contracts while ensuring adherence to the business’s contracting standards. 
  • Near instantaneous redlines provide contextual comments, insertions, and deletions.
  • Implementation with small sample sets required to develop customized contract playbooks.
  • The ability to scale contract review operations by empowering contract reviewers of varying levels of experience, while maintaining harmonious teams.
  • A technology platform that requires minimal training and fits within existing workflows.

FinSMEs

14/12/2022