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Lexicata revenue is $3.6 million

Lexicata team size is 18 employees


How did Latka collect this data?

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Latka collected this data by interviewing Lexicata CEO Michael Chasin on 07/18/2018

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Lexicata

2332-Cotner Avenue Los Angeles, California, United States

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How Lexicata hit $3.6M Revenue with 3K customers in 2022.

Join the thousands of law firms using Lexicata, the #1 law firm CRM and client intake tool. Get organized, streamline client intake, and grow your revenue. Features include law firm CRM, client intake forms, e-signature, client & matter tracking, lead ...

Founded

2014

Founded

Revenue

$3.6M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Lexicata Revenue

In 2022, Lexicata revenue run rate hit $3.6M in revenue.

  • 2018

    Lexicata hit $3.6M in revenue in 2018

  • 2014

    Lexicata launched in 2014 with $0 revenue

$3.6M

Lexicata Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Lexicata has 18 total employees They have 3000 customers

    2018
    DISTRIBUTIONQTY
    Total team size
    18
    Engineer
    0(0%)
    Sales
    0(0%)
    Marketing
    0(0%)

    CEO/Founder

    Michael Chasin

    Michael Chasin is the co-founder and CEO of the legal tech company, Lexicata, the world’s #1 client intake and CRM software for lawyers. With thousands of law firms on the platform across 20+ countries, Lexicata helps bridge the technology gap many law firms face as more and more professional services move online to the cloud. Prior to Lexicata, Chasin founded LawKick in 2012, a leading online marketplace for seamlessly connecting clients to the perfect lawyer for their needs. After running LawKick for several years, Chasin became intimately familiar with the fact that lawyers often struggle to manage their leads effectively. As such, Lexicata was born in 2014 and has been helping law firms grow ever since. Before running two successful businesses, Michael attended the University of North Carolina at Chapel Hill, earning his dual degrees in Entrepreneurship and Economics, before moving onto Loyola Marymount University and Loyola Law School to earn his M.B.A. and J.D., respectively. Michael currently resides in Los Angeles, CA where he spends his free time surfing and playing golf and basketball

    Q&A

    What`s your age?

    31

    Favorite online tool?

    Autopilot for email marketing

    Favorite book?

    Lean Startup

    Favorite CEO?

    Gary Swort, CEO of Polaris

    Advice for 20 year old self

    Its always harder and takes longer


    Customers

    Lexicata has 3K customers.

    Lifetime Months

    40

    x

    Monthly ARPU

    $100

    =

    Lifetime Dollar

    $4K

    Acquisition Cost

    $50

    Average Annual Price

    $1.2K

    $0$1.2K1 month payback period024681012
    $0$1.2K1 month payback period024681012

    Churn

    Lexicata has an annual churn rate of 30.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -30.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    70.00%


    About Lexicata

    Monthly Revenue

    $300K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Lexicata Board of Directors

    NamePosition

    Lexicata Executives

    NamePosition
    Michael Chasin CEO

    Lexicata Employees

    NamePosition
    Michael Chasin CEO

    Frequently Asked Questions about Lexicata

    When was Lexicata founded?

    Lexicata was founded in 2014.

    How much revenue does Lexicata generate?

    Lexicata generates $3.6M in revenue.

    Who is the CEO of Lexicata?

    The CEO of Lexicata is Michael Chasin.

    How much funding does Lexicata have?

    Lexicata was raised $0.

    How many employees does Lexicata have?

    Lexicata has raised 18 employees.

    Where is Lexicata headquarters?

    Lexicata headquater is at United States