Milan-based Lexroom has closed a $50 million Series B led by Left Lane Capital, eight months after its $19 million Series A, bringing total funding to over $73 million
The platform serves more than 8,000 law firms across Europe, built on a proprietary database of six million verified legal documents designed specifically for civil law jurisdictions
The raise takes on Harvey, valued at $11 billion, and Swedish rival Legora, valued at $5.55 billion, by targeting the structural gap that generic legal AI leaves across continental Europe
Milan-based Lexroom has closed a $50 million Series B to bring AI-powered legal research to continental Europe’s largely underserved legal market and take on the US giants dominating the space.
The round was led by Left Lane Capital, with participation from Base10 Partners, Eurazeo, Acurio Ventures, Entourage, and View Different. It comes eight months after a $19 million Series A, bringing total funding to over $73 million. The company says it now serves more than 8,000 law firms and corporate legal teams.
