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Home > Startups > Funding > Lucio raises $5 million in funding led by DeVC

Lucio raises $5 million in funding led by DeVC

Founded in 2022 by Darsan Guruvayurappan and Vasu Aggarwal, Lucio helps legal professionals with drafting, reviewing documents, due diligence, legal research, and translation.

Abhinav Kumar Singh
Last updated: October 8, 2025 2:14 AM
By Abhinav Kumar Singh
Lucio raises $5 million in funding led by DeVC
Lucio raises $5 million in funding led by DeVC
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Lucio, an AI-native legal workspace startup, has raised $5 million in its latest funding round, led by DeVC with participation from HNI investors, including Ashish Kacholia and Lashit Sanghvi.

The funds raised will be used to expand its product offerings to embed legal AI into every interface where lawyers work, and second, to deepen its personalization capabilities to provide lawyers across jurisdictions with a highly tailored, friction-free AI experience.

Founded in 2022 by Darsan Guruvayurappan and Vasu Aggarwal, Lucio helps legal professionals with drafting, reviewing documents, due diligence, legal research, and translation, saving an average of 30 hours per lawyer each month.

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Its adoption-first design and breakthroughs in personalization and advanced legal reasoning have set it apart.

Adopted by 200+ organisations worldwide, including enterprise law firms, in-house teams, and boutique firms, Lucio supports over 3000 lawyers across 9 jurisdictions.

Vasu Aggarwal, co-founder of Lucio, said, “Most legal tech doesn’t fail in demos, it fails at desks. We are building Lucio to disappear into legal workflows, to meet lawyers where they already are, elevate the quality of their output, and make them fall in love with the law again.”

Darsan Guruvayurappan, co-founder of Lucio, said, “Legal AI isn’t just about efficiency, it’s about reimagining the experience for clients, attorneys, and all other stakeholders in the practice of law. Our investors’ trust and investment give us the ability to take our mission across the world.”

Ashish Kacholia said, “With deep legal expertise and strong technical foundations, the team is reshaping how lawyers practice and deliver value. We’re proud to help take their vision to lawyers across jurisdictions.”

TAGGED:Ashish KacholiaDeVCLucio

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