The Canadian AI Index

Companies / Alexi

Alexi

Alexi is a legal AI company based in Toronto, Ontario. It raised a US$11M Series A in June 2024 led by Drive Capital.

Generative AI legal research and litigation assistant.

alexi.com

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Founded
2017
HQ
Toronto, ON
Category
Legal AI
Status
Active
Disclosed raised
US$11M

Funding history

RoundDateAmountInvestors
Venture DebtFeb 11, 2025 C$4.5MTD Innovation Partners (lead). Venture debt facility from TD Innovation Partners (TD Bank). Follows a C$15M all-equity Series A led by Drive Capital; total funding about C$20M
Series AJun 12, 2024 US$11MDrive Capital (lead); Draper Associates. US$11M (C$15M) all-equity Series A closed early June 2024; led by Drive Capital with returning Draper Associates and undisclosed smaller cheques; over C$20M raised to date.

Founders

Sources

Data as of November 10, 2026.

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