# CloudLex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudlex

- Industry: Software
- Headquarters: New York, US
- Website: www.cloudlex.com
- Total disclosed funding: $2.6M
- Latest round: Series A (Jun 23, 2016)
- Investors on record: 1

## About

CloudLex, Inc. is a technology company that provides tailored personal injury case management software to law firms, enhancing operational efficiency through innovative tools and AI-driven solutions.Founded in 2015 in New York, US, CloudLex, Inc. specializes in personal injury case management software for plaintiff law firms. The company was co-founded by Dev Shrotri and Sudhir Shrotri, with Dev Shrotri serving as the CEO. Their funding history includes a total of 2 deals, with the most recent funding taking place on January 9, 2018, when they raised USD 4.00 mn from lead investor Aligned Partners and additional investor Axis Capital Partners. The company has not undergone significant pivots in its business strategy or operations since its founding.CloudLex offers a comprehensive suite of personal injury case management software designed exclusively for plaintiff personal injury law firms. Its core product, powered by Lexee AI, enhances case management through features such as Matter Manager, client intake forms, legal document automation, and a personal injury settlement calculator. These tools enable law firms to streamline their operations, manage cases from intake to settlement, and improve communication with clients and internal teams. The software supports various functions, including task tracking, document management, and real-time reporting, thereby addressing the unique needs of personal injury attorneys. CloudLex serves a client base of law firms specializing in personal injury across multiple geographical markets, including the United States, Canada, and the United Kingdom.CloudLex derives its revenue primarily through subscription-based models where law firms pay for access to its suite of case management tools. Transactions typically involve monthly or annual subscription fees, allowing firms to utilize the platform for their operational needs. The pricing structure includes various tiers based on the number of users and specific features required, facilitating tailored solutions for firms of all sizes. Flagship offerings, such as the Matter Manager and the personal injury settlement calculator, are integral to their service model, enabling clients to maximize efficiency in case management. The seamless integration with tools like Microsoft Office 365 and Google Calendar further enhances the value proposition, supporting efficient workflows and collaboration within law firms.CloudLex plans to enhance its product offerings by introducing new features and updates to its case management software. This includes leveraging the recent funding of USD 4.00 mn from January 2018 to support these initiatives. The company aims to expand its market presence in the United States while exploring opportunities in Canada and the United Kingdom, targeting a broader client base by the end of 2023.

## Funding rounds

- Series A, Jun 23, 2016, $2.6M — Aligned Partners

## Investors

- Aligned Partners (https://capitalatlas.ai/funds/aligned-partners) — Series A