At a Glance
| Detail | Ironclad | Lexion |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $331M | $35.2M |
| Rounds tracked | 5 | 3 |
| Latest round | Series E, $150M · Jan 2022 | Series B, $20M · Apr 2023 |
| Last valuation | $3.2B | Not disclosed |
| Lead investors | Franklin Templeton, BOND, Y Combinator Continuity, Accel | Point72 Ventures, Khosla Ventures, Madrona Venture Group, Wilson Sonsini |
| Built for | In-house teams, Mid-size firms | In-house teams, Mid-size firms |
| Headquarters | United States | United States |
Funding, Side by Side
Ironclad rounds
- Jan 2022Series E$150M
- Jan 2021Series D$100M
- Sep 2019Series C$50M
- Jan 2019Series B$23M
- Aug 2017Series A$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, Ironclad or Lexion?
- Ironclad has raised $331M in disclosed funding, compared with $35.2M for Lexion.
- Do Ironclad and Lexion share investors?
- No. None of the investors we track have backed both companies.
- What is Ironclad best for?
- Ironclad is contract lifecycle management software for creating, negotiating and analyzing contracts with AI.
- 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 10, 2026.