# LEX Markets funding: rounds and investors

> LEX Markets has raised $15M across 1 round since 2022. Investors include Y Combinator, Alumni Ventures and Khosla Ventures. Every round with its source.

Source: https://millionrounds.com/company/lex-markets (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *LEX Markets*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $15M Jan 2022
- **Investors:** 5

See who backed them

[**LEX Markets** Fintech 1 / 12 Their pitch deck **LEX Markets's pitch deck, 12 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/lex-markets)

## The rounds

- **Jan 2022** Series A **$15M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Gaingels](https://millionrounds.com/fund/gaingels) [Greycroft](https://millionrounds.com/fund/greycroft) Source recorded SEC filing: $9.2M sold, first sale Dec 2021

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Drew S. Sterrett** Executive Officer, Director i
- **Jesse S. Daugherty** Executive Officer, Director i

On the board, as filed i *George S. Hornig* *James S. Baboulas* *John S. Harthorne* *Richard S. Clark*

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[Greycroft](https://millionrounds.com/fund/greycroft) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lex-markets).

## Also claim to have backed them

This firm lists LEX Markets as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Kesha Ventures](https://millionrounds.com/fund/kesha-ventures) VC firm Per its own site

## Quick answers about LEX Markets

### Who invested in LEX Markets?

LEX Markets's investors include Y Combinator, Alumni Ventures, Khosla Ventures, Gaingels and Greycroft.

### How much has LEX Markets raised?

LEX Markets has raised $15M across 1 round since 2022.

### When did LEX Markets last raise?

LEX Markets's most recent round was a Series A of $15M in Jan 2022.

### What was LEX Markets's biggest round?

Its most recent round, $15M in Jan 2022, is also its largest on record.

### Who backed LEX Markets first?

LEX Markets's first round on record, in Jan 2022, was backed by Y Combinator, Alumni Ventures and Khosla Ventures and 2 others.

### What stage is LEX Markets at?

LEX Markets's latest named round is a Series A, in Jan 2022.

### Where is LEX Markets based?

LEX Markets is based in the United States.

## Companies like LEX Markets

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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