Total amount raised
$30 Millions
Latest funding date
06/01/2021
Location
LexisNexis offers specialized solutions for various professional sectors, including legal and risk management, which are designed to meet the needs of law firms, corporations, government agencies, and academic institutions. The company's business model focuses on providing data analytics and insights, making it an attractive option for investors seeking diversified revenue streams and a broad client base.
Keep reading to explore the intricacies of LexisNexis's fundraising journey and the investors backing this innovative platform.
What Is LexisNexis?
LexisNexis operates in the legal and professional solutions industry, providing data analytics and risk management services. Their offerings cater to law firms, corporations, government agencies, and academic institutions, focusing on compliance, fraud detection, and workflow optimization.
As part of the RELX Group, LexisNexis is a key player in delivering insights and solutions to a diverse range of professional sectors. The company’s comprehensive services make it a valuable resource for organizations seeking to enhance their operational efficiency and decision-making processes.
How Much Funding Has LexisNexis Raised?
- Venture Round
- Amount Raised: $30M
- Date: March 2000
- Lead Investors: Actua Corporation
- Corporate Round
- Date: June 2021
- Lead Investors: Equivo
LexisNexis has raised a total of $30M in funding.
Key Investors
- Actua Corporation
- Details: Actua Corporation is a venture capital firm that focuses on investing in high-growth technology companies. They have a history of supporting innovative startups and helping them scale.
- Investment Focus Areas: Technology, SaaS, Fintech
- Notable Investments: Bolt, GovDelivery, MSDSonline
- Equivo
- Details: Equivo is a corporate investor known for its strategic investments in companies that offer data analytics and risk management solutions. They aim to enhance their portfolio with companies that provide innovative services.
- Investment Focus Areas: Data Analytics, Risk Management, Legal Tech
- Notable Investments: Not publicly disclosed
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