At a Glance
| Detail | Lexion | TermScout |
|---|---|---|
| Category | CLM | CLM |
| Total raised | $35.2M | $6.3M |
| Rounds tracked | 3 | 2 |
| Latest round | Series B, $20M · Apr 2023 | Seed, $5M · May 2022 |
| Last valuation | Not disclosed | Not disclosed |
| Lead investors | Point72 Ventures, Khosla Ventures, Madrona Venture Group, Wilson Sonsini | NFX, Ground Up Ventures |
| Built for | In-house teams, Mid-size firms | Not disclosed |
| Headquarters | United States | United States |
Funding, Side by Side
Lexion rounds
- Apr 2023Series B$20M
- Jun 2021Series A$11M
- Jul 2019Seed$4.2M
TermScout rounds
- May 2022Seed$5M
- Jul 2020Seed$1.3M
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, Lexion or TermScout?
- Lexion has raised $35.2M in disclosed funding, compared with $6.3M for TermScout.
- Do Lexion and TermScout share investors?
- No. None of the investors we track have backed both companies.
- What is Lexion best for?
- Lexion is contract management software that helps legal and operations teams run contract workflows for sales, procurement and HR.
- What is TermScout best for?
- Contract certification and data.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.