Henchman, founded in 2020, primarily serves law firms with its contracting platform, which contrasts with other document drafting companies that cater more to in-house legal teams. The company has a strong presence in the U.S. and Europe, boasting 170 legal and corporate customers. In 2023, Henchman raised $7 million in a Series A funding round led by Adjacent VC and Acton Capital.
“We see this union with LexisNexis as an extension of our drafting vision to proactively surface valuable and strategic insights for customers,” said Gilles Mattelin, co-founder of Henchman. “We believe the combination of our teams and tech will empower customers to make informed decisions faster, generate outstanding work, and drive economic value for their organizations.”
LexisNexis’s Acquisition Strategy
The acquisition of Henchman aligns with LexisNexis’s strategy to expand its offerings through targeted acquisitions. In the past two years, LexisNexis has steadily acquired companies, including the intellectual property intelligence company IPlytics GmbH in 2022 and the French legal risk assessment platform Case Law Analytics in 2023. These acquisitions complement LexisNexis’s growing suite of AI-driven legal solutions, such as the generative chatbot Lexis+ AI, launched in October 2023 to provide legal citations and query responses.
