COMPANY PROFILE

Alexi

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Alexi supports legal teams with high-quality research memos powered by artificial intelligence

Toronto, CanadaFounded 2017Legal

Valuation $50–100M Last recorded · 2024

Revenue $1–10M Latest reported FY

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About Alexi

An AI-powered legal platform for litigators, providing precise insights backed by real case law.

Alexi is a legaltech company that has developed a generative AI platform specifically for legal research and litigation tasks. The platform assists litigators by providing them with precise insights and helping to strengthen their legal arguments. The company primarily serves law firms and legal professionals involved in litigation.

Operating in the legal technology market, Alexi's business model is centered around its AI platform, which is offered as a service to its clients. The company has recently secured $11 million in Series A funding, which will be used to accelerate its growth and development of AI-powered solutions. In a move to address data security concerns within the legal industry, Alexi has launched a Private Cloud option, which offers a fully-isolated deployment of its platform to protect sensitive legal data.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: Toronto, Canada
Employees: 118
Open positions: None listed
Dealroom signal: 67.5/100
Industry: Legal
Sector: Legal, Core AI, Spinout, AI Applications
Technology: Artificial Intelligence
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

7 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBT✓Debt	Feb 2025	$3.3M	—	TD Innovation Partners	↗
SERIES A✓Equity / VC	Jun 2024	$11M	$44M	Draper Associates · Drive Capital	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023		—

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Growth signals

Alexi website traffic

Latest recorded traffic for Alexi is 36K monthly website visits, up 16.1% over the last three months. Alexi's team declined 9.2% over the past year.

Latest monthly visits36K 3-month web change+16.1% 1-year team growth-9.2%

Monthly website visitsJul 2023–Jul 2026

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