Lexroom.ai raised €2 million in Seed funding led by Entourage to accelerate its growth as an AI-driven legal research platform.

Mar 11, 2025•4 months ago

Amount Raised

€2 Million

Round Type

seed

MilanLegal TechNatural Language ProcessingLegalArtificial IntelligenceSoftware

Investors

Joe ZadehFndxX EquityBanyan VenturesVento VenturesVerve VenturesEntourage

Description

Italian legaltech scaleup Lexroom.ai has secured €2 million in Seed funding. The financing round aims to support its growth following a previous €500,000 Pre-Seed capital injection.

Company Information

Company

Lexroom.ai

Location

Milan, Lombardy, Italy

About

Lexroom.ai is an AI-driven legal research platform that allows users to ask legal questions in natural language and receive swift, accurate answers. Founded in May 2023, it aims to streamline various stages of legal operations including research, document analysis, and automated drafting. The company has already scaled to around 1,500 professional users and is on track to reach approximately €1 million in annual recurring revenue. Lexroom.ai seeks to empower legal professionals by optimizing their most valuable resource: time.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Lexroom.ai raised €2 million in Seed funding led by Entourage to accelerate its growth as an AI-driven legal research platform.

Investors

Description

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