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.
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