At a Glance
| Detail | Draftwise | Lexion |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $25M | $35.2M |
| Rounds tracked | 2 | 3 |
| Latest round | Series A, $20M · Mar 2024 | Series B, $20M · Apr 2023 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Index Ventures, EarlyBird | 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
Draftwise rounds
- Mar 2024Series A$20M
- Jun 2023Seed$5M
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, Draftwise or Lexion?
- Lexion has raised $35.2M in disclosed funding, compared with $25M for Draftwise.
- Do Draftwise and Lexion share investors?
- No. None of the investors we track have backed both companies.
- What is Draftwise best for?
- DraftWise provides an AI contract and negotiation platform that assists law firms in procuring quality contracts.
- 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.