Lextegrity Secures Additional $5 Million Funding Round To Accelerate Growth And Expand Compliance Platform Capability

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Summary

Lextegrity will use the capital to service demand from its growing global customer base, expand its go-to-market capability and drive the development of its Integrity Gateway platform, which enables organizations to prevent and detect fraud, corruption, sanctions violations and conflicts of interest. The announcement marks the latest step in a significant year for Lextegrity, which has seen it double its workforce and its customer base over the past 12 months. Chicago-based Lextegrity’s software has been designed by former in-house compliance and audit experts, led by former Pfizer lead counsel for global anti-corruption, Parth Chanda. Its Integrity Gateway platform includes solutions for spend pre-approval, third party due diligence, conflicts of interest, and continuous monitoring of financial transactional data. Providing them with access to contextual data sets, true automation and genuine integration, all packaged within a platform that anyone can use in multiple languages, is proving to be a real game changer.

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