
Lexroom
Lexroom offers a platform to allow lawyers to complete hours of legal research in seconds.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | €2.0m | Seed | |
Total Funding | 000k |
EUR | 2023 | 2024 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 1640 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | (117 %) | (53 %) |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Lexroom positions itself as an artificial intelligence solution aimed at augmenting the efficiency of legal professionals. The company, founded in 2023 by Alessandro Servadei, Paolo Di Filietto, and Mario Caccuri, targets the significant portion of a lawyer's time—reportedly up to 70%—that is consumed by repetitive and low-value administrative tasks. The founding team brings a blend of expertise to the venture; Servadei has a background in scaling tech companies and venture capital, while Di Filietto and Caccuri contribute deep knowledge in artificial intelligence and machine learning. Their collaboration was sparked by the realization that recent advancements in AI could be specifically applied to the legal sector to automate cumbersome processes.
The core of Lexroom's offering is an AI-powered platform designed to streamline legal research and document drafting. It enables legal practitioners to significantly reduce the time spent on these activities, converting what could be hours of work into mere seconds. The system generates high-quality drafts and provides practical answers to legal queries, ensuring all outputs are substantiated by reliable, institutional legal sources. This service is designed to integrate smoothly into the existing daily workflows of lawyers. The business model is based on a subscription-based (SaaS) model, where law firms and individual legal professionals pay for access to the platform's capabilities. By handling the burdensome research and initial drafting, the platform allows lawyers to redirect their focus toward more strategic, high-value activities for their clients.
Developed in partnership with established law firms such as Gianni & Origoni, Ichino Brugnatelli, and Gatti Pavesi Bianchi Ludovici, Lexroom's platform is tailored to the practical needs of the legal industry. Currently, its services cover Italian Civil Law, Commercial Law, Privacy, Banking, and Labour Law. The company has stated its intention to expand its scope to include Tax, Public, Criminal, Family, and Intellectual Property Law. In a significant early achievement, Lexroom secured €290,000 in a pre-seed funding round involving Exor Ventures and other angel investors, which has supported its market entry and ongoing product development.
Keywords: legal tech, AI legal assistant, legal research automation, document drafting, SaaS, legal workflow, professional productivity, law firm efficiency, case law analysis, legal practice management