Lexata

Lexata is a legal research company that focuses on capital markets rules and compliance within the legal sector. It offers a searchable database of United States and Canadian securities laws and an AI-powered tool that provides answers to compliance questions for public companies, investment banks, law firms, and investment funds. Founded in 2020 and based in Charlottetown, Canada, Lexata leverages a curated database of US and Canadian Securities Laws combined with GPT-3 technology to allow users to ask questions in plain English about securities and capital markets law, and to receive succinct, accurate answers in response. In addition to providing an answer to a question, Lexata identifies and surfaces the relevant sections of securities regulations so that a user can undertake additional research and verify the sources for the answer provided. Users may also browse the Lexata database of rules and regulations.