Brazilian lawltech Lexter.ai raised $3.2M in a Series A round led by Alexia Ventures. Grão VC, Canary, and Endeavor Scale Up also participated.
Lexter.ai will use the funds to add new features to its platform, enhance security, acquire new customers, and launch an institute dedicated to promoting events, creating content, and publishing research on the topic.
The lawtech assists lawyers by using AI to analyze case or deal data provided and cross-referencing it with updated legal databases to draft legal documents.
Founded in 2020, Lexter.ai has 1,000 users in over 200 law firms.
