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Docusign to acquire Lexion for $165M in exit for Seattle-based AI contract management company

GeekWire

(GeekWire Photo / Kevin Lisota) Docusign announced an agreement to acquire Lexion for $165 million, signaling plans to integrate the Seattle-based company’s AI-powered contract management technology into its Intelligent Agreement Management Platform.

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Tech Moves: Hootsuite hires CTO; Cascadia Capital CEO moves to Austin; and more

GeekWire

-based social media management platform Hootsuite hired Antonis Papatsaras as its new chief technology officer. Papatsaras was previously chief technology officer of the contract lifecycle management product suite at Docusign.

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AI meets M&A: How these former management consultants are upending due diligence

GeekWire

Wokelo co-founders Saswat Nanda, left, and Siddhant Masson, both worked previously as management consultants. That’s the premise behind Wokelo , a Seattle-area startup co-founded by two former management consultants, Siddhant Masson and Saswat Nanda. ” Funding: The company, founded in 2022, has raised $1.5

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Prophia, which extracts info from commercial real estate contracts, raises $10.2M

GeekWire

Prophia , a startup building a platform that scours and extracts key terms from commercial real estate contracts, raised $10.2 Prophia’s users can upload PDF contracts that are analyzed by its software. The company says its software has handled more than a million pages of documents across 1,800 locations. Cameron Steele.

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Integrate raises $3.4M and wins Space Force contract for management software

GeekWire

million contract from the U.S. The newly announced seed funding round was led by Hyperplane, with participation from Riot Ventures, Ravelin Capital and John Capodilupo, former chief technology officer and co-founder of Whoop. An artist’s conception shows the Space Systems Command’s SpaceDEN facility.

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After tripling revenue in 2022, Lexion lands $20M to expand AI-powered contract management software

GeekWire

From left: Lexion CTO and co-founder Emad Elwany; CEO and co-founder Gaurav Oberoi; and Chief Legal Officer Jessica Nguyen. Lexion Photo) Lexion gained a foothold by using artificial intelligence to help legal departments manage contracts. But now it’s taking aim at a much larger vision.

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Serial entrepreneur Gaurav Oberoi strikes again: Lexion’s sale to Docusign shows methodical approach to building startups

GeekWire

This is where the Lexion CEO paced in circles on call after call, gathering the input that he and his colleagues needed to a build a tech startup that uses artificial intelligence to scour and glean insights from complicated legal documents. “I He learned that companies were struggling to track contracts. That’s fun.”

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