# Lexion funding: rounds and investors

> Lexion has raised $24M across 2 rounds since 2019. Investors include Madrona Venture Group, Khosla Ventures and Citibank. Every round with its source.

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

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

# 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 summary Updated 26 Oct 2026

**$24M** raised across 2 rounds since 2019, from 2 sources

**$4.2M** Seed **$20M** Series B

- **Latest round:** Series B, $20M Apr 2023
- **Step-up i:** 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.

2020 2021 2022 2023

**$4.2M** Seed

**$20M** Series B

- **First round:** Seed, $4.2M
- **Biggest round:** $20M
- **Between rounds:** 3.7 years

## The rounds

- **Apr 2023** Series B **$20M** *3 new* *1 returning* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Citibank](https://millionrounds.com/fund/citi) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) Source recorded
- **Jul 2019** Seed **$4.2M** *2 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Lead [Wilson Sonsini Goodrich & Rosati](https://millionrounds.com/fund/wilson-sonsini-goodrich-and-rosati) Reported by TechCrunch

## Founders and team

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

**Gaurav Oberoi** CEO, Founder

**Emad Elwany** CTO, Founder

- **Jessica Nguyen** Chief Legal Officer
- **Cassie Pless** VP of Sales
- **Craig Sadowski** VP of Finance
- **Jordan Greene** VP of Marketing
- **Chase Kepler** Director of Customer Success
- **Chris Mathews** Director 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.

**Seed** 2019 **Series B** 2023 [Madrona Venture Group](https://millionrounds.com/fund/madrona) L [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Citibank](https://millionrounds.com/fund/citi) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [Wilson Sonsini Goodrich & Rosati](https://millionrounds.com/fund/wilson-sonsini-goodrich-and-rosati)

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **2** rounds, led 1

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

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[Point72 Ventures](https://millionrounds.com/fund/point72-ventures) VC firm **1** round

[Wilson Sonsini Goodrich & Rosati](https://millionrounds.com/fund/wilson-sonsini-goodrich-and-rosati) Corporate VC **1** round

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

## 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 Incubator](https://millionrounds.com/fund/ai-house) Accelerator Per 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.

## Companies like Lexion

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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