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Legal Tech
Lexroom Acquires French + Bulgarian Companies
Artificial Lawyer
1mo · 3 min
Italy’s leading legal AI company, Lexroom – which raised $50m in a Series B round this summer – has acquired French legal tech startup Query ...
Italy’s leading legal AI company, Lexroom – which raised $50m in a Series B round this summer – has acquired French legal tech startup Query Juriste, and also Bulgarian Praven Intelekt, in its first ever inorganic deals.
Following its expansion into Germany and Spain, this move ‘marks a new phase in Lexroom’s European growth strategy, combining organic growth and M&A to scale its AI operating system across Civil Law markets, bringing its footprint to five European markets, including Italy,’ they said.
The founders and teams of both companies will join Lexroom and continue to develop their respective markets, while the Query Juriste and Praven Intelekt brands will gradually transition to Lexroom, they added.
Paolo Fois, co-founder and CEO of Lexroom, commented: ‘These acquisitions are a major milestone in our European expansion, and only the beginning. Over the past year we’ve met dozens of founders building toward a mission close to ours – Query Juriste and Praven Intelekt stood out immediately: exceptional teams, real traction, and products built with the same conviction we started Lexroom with.
‘It doesn’t make sense to reinvent the wheel market by market. When we find founders who’ve already built something great, the smartest move is to combine Lexroom’s technology, scale and capital with local expertise and hustle. That’s how you build the category-defining platform for legal AI in Europe.’…
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