Plexus, an AI-based legal automation platform transforming how in-house legal teams operate, announced it has secured over $6 million in new funding to accelerate global expansion and AI-led innovation. The funding round was led by existing shareholders and Seattle-based Lighter Capital and it marks Plexus’ first institutional partnership.
What the funding will be used for: The funds will fuel expansion into key international markets, accelerate AI product delivery, and onboard the next wave of exceptional talent.
Value proposition: As legal workloads increase in volume and complexity, Plexus’ AI-based platform is evolving beyond workflow automation into digital lawyers that empower business teams to operate with unprecedented speed, efficiency, and impact.
This platform is already used by household brands like Nike, L’Oréal, PepsiCo, Woolworths, AIA, and The Iconic to streamline everything from contract review and negotiation to compliance workflows and approvals.
KEY QUOTES:
“Traditional legal operating models simply can’t keep up with the pace of modern business. We’re witnessing a once-in-a-generation shift: from tracking legal work to getting it done automatically and intelligently.”
“The global legal industry is valued at $1.1 trillion, three times the size of the entire software market. Over the next decade, the industry will shift from consonants and vowels to zeros and ones, and Plexus is at the vanguard of that transformation.”
“This capital gives us the firepower to accelerate what’s already working, build the next wave of AI capabilities, and help our customers scale legal value faster than ever.”
“This is just the beginning. We’re building the platform in-house legal teams didn’t know they needed, but won’t be able to live without.”
Plexus founder and CEO Andrew Mellett
“Lighter Capital is privileged to support Plexus in their latest financing round. With recent growth and solid business metrics, Plexus was a perfect fit for Lighter Capital’s non-dilutive financing. Automation in the legal space is one of the fastest-growing sectors in B2B SaaS, and Plexus is in a great position to capture more of the market. This raise isn’t just about fuelling growth; it’s about accelerating a new phase of legal innovation.”
Matthew Dowling, Investment Director at Lighter Capital
