How Docusign and Lexion Will Empower Agreement Management

“We share a vision of smarter agreement management, and our joint AI-powered innovation will deliver increased value, productivity, and simplicity to our combined customers.

“This strategic acquisition underscores our commitment to providing our customers with Intelligent Agreement Management solutions that will transform agreement data into insights, accelerate contract reviews, and boost productivity to ultimately grow revenue faster.”

The agreement will see the co-founders of Lexion — CEO Gaurav Oberoi, CTO Emad Elwany, and Principal Architect James Baird — join DocuSign in senior roles within product and engineering.

Gaurav will be a VP of Product Management, Emad will be a VP of Engineering, and James will be a Principal Engineer. The co-founders, who met at the Allen Institute for AI, have extensive expertise in AI and contract management. Lexion also brings to DocuSign a team of world-class AI engineers with backgrounds at Amazon, Google, Meta, and Microsoft, along with a broader organisation that has a deep understanding of the agreement management space.

“Our shared vision with DocuSign revolves around revolutionising how agreements are created, managed, and analysed for organisations around the world,” adds Gaurav.