We welcome Lexroom.ai to our portfolio. The Milan-based startup raised a EUR 2m Seed round led by Entourage, with the participation of Vento, Banyan Ventures, and X-Equity advised by FNDX. Lexroom.ai was founded in 2023 by Paolo Fois, Martina Domenicali, and Andrea Lonza. Lexroom.ai is redefining how lawyers work by harnessing the power of generative AI. The company’s platform offers advanced tools to streamline every stage of legal operations, from high-precision legal research and document analysis to automated drafting of legal briefs, contracts, and other documents. Lexroom.ai leads the digital transformation of the legal sector through partnerships with top-tier law firms such as Gatti Pavesi Bianchi Ludovici for corporate law, Ichino Brugnatelli e Associati for labor law, and WST Law & Tax Firm for tax law. Lexroom has already convinced 1500 professional users in Italy, and reached EUR 1m in ARR. With the fresh capital injection, Lexroom.ai plans to double down on equipping all law firms with its product, including single professionals in the long tail of the market, and become the most significant legal AI tech player in Southern Europe. The startup plans to build one of Europe's foremost AI development teams, growing to 35 employees by year-end with more than 50% dedicated to product-related roles. Check out their open positions in Milan on their website!
