Lextract is a legal tech platform that automates M&A legal due diligence by structuring entire data rooms, identifying red flags and liability risks, and generating consolidated, law-firm-formatted reports with source citations. The system also automatically reconciles corporate register data and provides a traceable AI assistant, with every finding linked to specific document passages. Built for transactional lawyers, it is ISO/IEC 27001 certified, EU-hosted, and does not train models on client data.
- Artificial Intelligence
- AI Agents
- Legal Technology
- Software Only
Funding
Founders
Product
Problem
Legal due diligence in M&A transactions requires lawyers to manually review thousands of documents across hundreds of document types, a process that is time-consuming, error-prone, and dominated by repetitive "grunt work." Existing software tools force lawyers to adapt their workflows to the software, leading to low adoption and failing to deliver a consolidated, source-verified final report efficiently.
Solution
Lextract provides an AI-powered platform that automates the entire legal due diligence workflow, from data room upload to final report generation. The platform structures the entire data room by document type and company, automatically extracts and marks potential risks and liability issues, and links every finding back to its exact source in the original document. It also performs automatic reconciliation of corporate register data, such as shareholding chains, and offers a conversational AI assistant for querying the data room. The output is a consolidated, law-firm-formatted due diligence report, with all changes visible, traceable, and subject to lawyer approval, ensuring the final legal judgment remains with the attorney.
Target Audience
Primary customers are law firms, corporate M&A teams, and investors conducting legal due diligence on transactions of various sizes and structures.
Features
- Automated data room structuring and synchronization with virtual data rooms (VDRs)
- AI-powered extraction and marking of potential risks, red flags, and liability issues across all document types
- Source-referenced findings with citations to specific paragraphs and sections in the original documents
- Automatic corporate register reconciliation to verify shareholding chains and identify discrepancies
- Integrated AI assistant for answering questions about the data room and analysis
- Configurable report templates, language, and risk logic to match a firm's specific standards
- ISO/IEC 27001 certified, EU-hosted infrastructure with external penetration testing and no training on client data