Alexi, a Toronto, Canada-based provider of an AI litigation platform, raised CAD $4.5M in Debt Facility from TD Innovation Partners (TDIP).
Adding to its $15M Series A in 2024, led by Drive Capital, this new financing will drive Alexi’s continued growth and product development.
Led by CEO and Founder Mark Doble, Alexi provides an AI-powered litigation platform, offering legal teams with research memos, pinpointing legal issues and arguments, and automating routine litigation tasks. Using proprietary AI technology, it equips litigators with essential legal skills, allowing them to focus on strategy and work.
It is used by clients such as McLeod Law, Oatley Vigmond LLP, and Stewart McKelvey.
FinSMEs
13/02/2025