Lex, a Los Angeles, CA-based provider of a writing platform, raised $2.75M in Seed funding.
The round was led by True Ventures.
The company intends to use the funds to expand operations and its business reach.
Founded in 2023 by Nathan Baschez, Lex is an AI-powered writing platform working via a word processor that gives writers instant access to copy editing, writing advice, brainstorming, and more.
Lex spun out of founding CEO Nathan Baschez’s previous company, Every Media, a newsletter publisher focused on technology, AI, and productivity. Baschez is a writer, programmer, and designer based in Los Angeles, CA. He created Lex over nights and weekends in the fall of 2022 as an incubation project within Every, his previous company. Prior, he was the first employee at Substack, and co-created Product Hunt. He was also head of product at Gimlet Media, a podcasting network acquired by Spotify in 2019.
FinSMEs
23/08/2023