Milan-based
legal AI company Lexroom has raised $50 million in a Series B funding round led
by Left Lane Capital, with participation from Base10 Partners, Eurazeo, Acurio
Ventures, Entourage and View Different. The round comes eight months after the
company’s Series A and brings Lexroom’s total funding to more than $73 million.
Lexroom
develops AI infrastructure for legal professionals, focusing on a data-first
approach built around verified legal sources rather than fine-tuned
general-purpose language models. The company says its platform is designed to
address reliability and verification challenges associated with generative AI
tools in legal work, including fabricated citations and inaccurate legal
references.
Its platform
is built on a proprietary database of more than six million verified legal
sources, including legislation, case law and regulatory materials, which are
continuously updated and structured for legal research and retrieval. Lexroom
says this architecture is designed to align more closely with legal workflows
by grounding outputs directly in source material.
When we
started Lexroom, two things were immediately clear: lawyers needed a better way
to work, and LLMs could deliver it. The missing piece was data – always-updated
laws, relevant case law and legal proceedings. Civil law countries need an AI
legal engine that reasons data-first,
said Paolo Fois, CEO and co-founder of Lexroom.
The platform
is now used by more than 8,000 law firms and corporate legal teams, with a
majority of users engaging with the product on a daily basis. Lexroom aims to
reduce the time required for legal research and drafting, allowing firms to
handle more work while maintaining professional standards.
The new
funding will support the company’s expansion across civil law jurisdictions in
Europe, beginning with Spain and Germany. Lexroom plans to build local teams
and develop jurisdiction-specific capabilities in collaboration with firms
operating in those markets.