Crosby
Crosby operates an AI-assisted legal service in which software agents and lawyers review, redline, and negotiate commercial contracts through email, Slack, and CLM workflows.
Lexion
Lexion is contract management software that helps legal and operations teams run contract workflows for sales, procurement and HR.
Crosby vs Lexion
At a Glance
| Detail | Crosby | Lexion |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $85.8M | $35.2M |
| Rounds tracked | 3 | 3 |
| Latest round | Series B, $60M · Mar 2026 | Series B, $20M · Apr 2023 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Lux Capital, Index Ventures, Sequoia Capital, Bain Capital Ventures | Point72 Ventures, Khosla Ventures, Madrona Venture Group, Wilson Sonsini |
| Built for | Not disclosed | In-house teams, Mid-size firms |
| Headquarters | United States | United States |
Funding, Side by Side
Crosby rounds
- Mar 2026Series B$60M
- Oct 2025Series A$20M
- Jun 2025Seed$5.8M
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, Crosby or Lexion?
- Crosby has raised $85.8M in disclosed funding, compared with $35.2M for Lexion.
- Do Crosby and Lexion share investors?
- No. None of the investors we track have backed both companies.
- What is Crosby best for?
- Crosby operates an AI-assisted legal service in which software agents and lawyers review, redline, and negotiate commercial contracts through email, Slack, and CLM workflows.
- 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.