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Alexi

Survey: Nearly Half See AI as Less Biased Than Humans

March 18, 2025 by Newsdesk

A new Canada-U.S. survey from AI litigation platform Alexi and Talker Research finds that 47% of North Americans believe AI will eventually be less biased than humans. Canadians are more optimistic (52%) than Americans (46%). The 2025 North American AI Outlook Report highlights skepticism, with 27% doubting AI’s fairness and 24% uncertain.

Despite trust concerns, 44% say AI will reduce repetitive tasks, and 35% expect AI to handle legal services. Support for AI education is high, particularly in Canada. CEO Mark Doble stresses AI’s role in enhancing, not replacing, professionals as industries adjust to automation.

Want to know more? Check out the source code on Fintech.ca.

Toronto’s Alexi Expands with TD-Backed Funding

February 11, 2025 by Newsdesk

Toronto-based legal tech firm Alexi has secured a $4.5 million debt facility from TD Innovation Partners, building on its $15 million Series A round led by Drive Capital in 2023. Founded in 2017 by Mark Doble, Alexi’s AI-powered tools assist legal professionals by automating up to 80% of litigation tasks.

The company recently launched Advanced Legal Reasoning and Alexi Enterprise, generating strong interest in the sector. VP of Finance George Taleporos emphasized the funding’s role in supporting Alexi’s North American expansion in 2025. TD’s Mark Kiyonaga praised Alexi’s leadership and product innovation.

Want to know more? Check out the source code on Fintech.ca.

Legal-Tech Firm Alexi Introduces Advanced AI for Lawyers

January 9, 2025 by Newsdesk

Toronto-based Alexi is leading legal-tech innovation with its AI platform, designed to simplify litigation and improve client outcomes. Founded in 2017 by Mark Doble, Alexi claims its tools reduce routine tasks by 80%. The newly launched Advanced Legal Reasoning (ALR) platform analyzes complex legal files in minutes, providing insights into case strengths, weaknesses, and strategies.

Lawyers can upload thousands of documents, generate research memos, and ask nuanced questions like, “What’s the weakest part of our claim?” Trusted by firms such as McLeod Law and Stewart McKelvey, Alexi aims to redefine how litigation is managed.

Want to know more? Check out the source code on Fintech.ca.

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