United States · Series B startup

Who invested in Lexion

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

AI

Funding summaryUpdated 26 Oct 2026

$24Mraised across 2 rounds since 2019, from 2 sources

$4.2MSeed$20MSeries B
Latest round
Series B, $20MApr 2023
Step-upi
4.8×
Investors
5 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020202120222023
$4.2MSeed$20MSeries B
First round
Seed, $4.2M
Jul 2019
Biggest round
$20M
Series B · Apr 2023
Between rounds
3.7 years
from the last two

The rounds

  1. Apr 2023
    Series B$20M3 new1 returning

    Source recorded

  2. Jul 2019

Founders and team

From Lexion's own website: 2 founders, 6 on the team.

Gaurav OberoiCEO, Founder
Emad ElwanyCTO, Founder
  • Jessica NguyenChief Legal Officer
  • Cassie PlessVP of Sales
  • Craig SadowskiVP of Finance
  • Jordan GreeneVP of Marketing
  • Chase KeplerDirector of Customer Success
  • Chris MathewsDirector of Product and Design

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Madrona Venture GroupVC firm2rounds, led 1
Khosla VenturesVC firm1round
CitibankGrowth equity1round
Point72 VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Lexion 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.

AI2 IncubatorAcceleratorPer its own site

Quick answers about Lexion

Who invested in Lexion?

Lexion's investors include Madrona Venture Group, Khosla Ventures, Citibank, Point72 Ventures and Wilson Sonsini Goodrich & Rosati.

How much has Lexion raised?

Lexion has raised $24M across 2 rounds since 2019.

When did Lexion last raise?

Lexion's most recent round was a Series B of $20M in Apr 2023.

What was Lexion's biggest round?

Its most recent round, $20M in Apr 2023, is also its largest on record.

Who backed Lexion first?

Lexion's first round on record, in Jul 2019, was backed by Madrona Venture Group and Wilson Sonsini Goodrich & Rosati.

What stage is Lexion at?

Lexion's latest named round is a Series B, in Apr 2023.

Where is Lexion based?

Lexion is based in the United States.

Who led Lexion's rounds?

Madrona Venture Group led the Seed in 2019.

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