Lexray is a contract pre-screening tool that analyzes B2B agreements for risky terms like unlimited indemnity, auto-renewal traps, and one-sided payment terms, providing a risk score and plain-English summary in 60 seconds. It targets B2B SaaS companies without in-house legal, including founders, executives, and sales teams, to reduce legal spend and unblock deals faster. It is delivered as a SaaS platform with bank-grade encryption and auto-deletion of documents, positioning itself as a fast, affordable alternative to expensive legal reviews.
Key features
- 60-second pre-screen
- Risk score and plain-English summary
- Flags indemnity exposure
- Detects auto-renewal traps
- Identifies one-sided payment terms
- Highlights IP assignment issues
- Assesses DPA risks
- Checks governing law clauses
- Evaluates SLA penalties
- Reviews termination terms
- No social media activity within the last 30 days
GTM channels
- Affiliate program
ICP
- Legal teams
- Executives founders
- Sales teams