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Acurio participates in the $19 million funding round of the Italian startup Lexroom

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Italian legaltech startup Lexroom has secured $19 million in Series A funding to accelerate its mission of transforming legal work with generative AI.

Founded in 2023, the company equips law firms and corporate legal teams with AI-powered tools for research, drafting, and advisory tasks, drawing on high-quality sources tailored to different jurisdictions. Over the past six months, Lexroom has tripled its customer base, doubled its workforce, expanded into Germany, and is preparing for its launch in Spain.

“The legal industry is experiencing a fundamental shift,” said CEO and co-founder Paolo Fois. “With this new round we will speed up our international expansion and help shape the future of the legal profession with AI at its core.”

The funding follows a $2 million Seed round led by Entourage only six months ago. Since then, Lexroom has positioned itself among the fastest-growing startups in Italy and Europe.

The Series A was led by Silicon Valley VC Base10 Partners, with additional participation from Spanish fund Acurio Ventures, View Different —founded by Diego Piacentini, who will also join as an advisor—, Riccardo Zacconi, founder of King (Candy Crush), and other strategic angel investors.

Existing backers, including Entourage, Verve Ventures, and Joe Zadeh, also renewed their commitment. Following the investment, Rexhi Dollaku, General Partner at Base10 Partners and long-standing investor, will join Lexroom’s board of directors, opening a new phase of international growth.

“Lexroom is transforming one of the largest and most tradition-bound industries with a product that lawyers actually love using. Paolo, Martina, and Andrea bring an impressive mix of deep legal expertise and product vision, and in just a short time have shown how AI can meaningfully change the way legal work gets done," said Rexhi Dollaku, General Partner at Base10 Partners. “We are proud to support them as they set a new benchmark for AI in the legal sector.”

Fuente: Acurio Ventures

https://www.linkedin.com/posts/acurio-ventures_italys-lexroom-secures-19m-series-a-to-activity-7378346395289665538-8mze
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