
Common Paper
Common Paper is a contract system for startups that helps teams send, negotiate, and manage contracts, including standard agreements and playbook-based redlining.

Lexion
Lexion is contract management software that helps legal and operations teams run contract workflows for sales, procurement and HR.
Common Paper vs Lexion
At a Glance
| Detail | Common Paper | Lexion |
|---|---|---|
| Category | CLM | CLM |
| Total raised | Not disclosed | $35.2M |
| Rounds tracked | Not disclosed | 3 |
| Latest round | Not disclosed | Series B, $20M · Apr 2023 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Not disclosed | Point72 Ventures, Khosla Ventures, Madrona Venture Group, Wilson Sonsini |
| Built for | Not disclosed | In-house teams, Mid-size firms |
| Headquarters | Not disclosed | United States |
Funding, Side by Side
Common Paper rounds
No public rounds tracked yet.
Lexion rounds
- Apr 2023Series B$20M
- Jun 2021Series A$11M
- Jul 2019Seed$4.2M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Common Paper or Lexion?
- Lexion has raised $35.2M in disclosed funding, compared with no disclosed amount for Common Paper.
- What is Common Paper best for?
- Common Paper is a contract system for startups that helps teams send, negotiate, and manage contracts, including standard agreements and playbook-based redlining.
- What is Lexion best for?
- Lexion is contract management software that helps legal and operations teams run contract workflows for sales, procurement and HR.
Source: Legal Tech Circle funding data, from public announcements. Updated November 11, 2026.