AI CLM Platform Lexion Raises $11M; Targeting Smaller Corporations

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Positioning itself as offering a simpler and more affordable AI-driven contract management system for mid-market corporate enterprises, startup Lexion has raised $11 million in an oversubscribed Series A round. When combined with its seed round of $4.2 million, total funding for the company is now $15.2 million.

The Seattle-based company says its product is…