Lucio, a Bengaluru, India-based AI-native legal workspace built by lawyers, has raised $5 million in funding.
Investors
The round was led by DeVC and high-net-worth individuals Ashish Kacholia and Lashit Sanghvi.
Decentralized Venture Capital (DeVC) is a Bengaluru, India-based pre-seed venture capital firm founded in 2022. The firm invests in very early-stage startups (pre-seed/seed) across sectors, including SaaS, fintech, and climate tech.
Ashish Kacholia is the founder of Lucky Investment Managers and a proprietary investor in the Indian equity markets.
Lashit Sanghvi is an entrepreneur and angel investor. He is the co-founder and Non-Executive Director of Alchemy Capital Management Private Limited.
Lucio Use of Funds
The company will use the new capital to expand its product offerings, embed AI more deeply into legal workflows, and enhance personalization for lawyers across global jurisdictions.
About Lucio
Lucio AI is an AI-powered workspace specifically designed to accelerate legal intelligence for lawyers, law firms, and in-house legal teams. It helps lawyers draft documents, review large datasets, conduct due diligence, perform legal research, and translate materials efficiently. Adopted by more than 200 organizations worldwide and supports over 3,000 lawyers across nine jurisdictions. Lucio’s mission is to continue innovating to meet the practice-specific needs of lawyers and to expand that vision globally.
Funding Details
Company: Lucio
Raised: $5.0M
Round: Unknown
Funding Date: October 2025
Lead Investor: DeVC
Additional Investors: Ashish Kacholia, Lashit Sanghvi
Company Website: https://www.lucio.ai/
Software Category: LegalTech / AI Workspace
Source: https://www.businesswire.com/news/home/20251006027921/en/