Closd

Closd is a French-founded legal transaction management platform designed to take a corporate deal from document preparation through closing and post-closing, replacing the email-Word-spreadsheet workflow that most transactional lawyers still suffer through. Acquired by LexisNexis in December 2021, Closd now operates under the LexisNexis umbrella but maintains its own product brand and development team. Core capabilities: deal project management with task tracking and conditions precedent monitoring, integrated data room for due diligence (VDR), digital closing (including remote signing ceremonies with qualified electronic signatures under eIDAS), automated closing binder generation, and audit trail for all deal activity. Created by former lawyers in Paris (2018). Strong European presence — particularly French, German, and UK market. AES-256 encryption, 2FA, SSO. Capterra listing active. YouTube channel with product demos, case study webinars, and feature walkthroughs. Lexidia law firm testimonial: ‘We were immediately convinced of the usefulness and time-saving potential of Closd — we open a project on Closd as soon as a transaction starts.’ Competitor to Legatics (UK), Litera Transact, DealCloser, and Closing Folders. The LexisNexis acquisition gives Closd credibility and distribution but also means it’s now part of the RELX conglomerate — raising questions about product independence and roadmap control vs LexisNexis’s broader strategy.

Capabilities

Spans 8 product areas: Transaction Management, Due , Diligence, Knowledge Management, Project Management and Collaboration, Mergers and , Acquisitions , Practice.

Workflow Coverage

Based on published feature listings, this tool maps to 6 workflow areas:

• Document Drafting & Automation — Automated Document Generation and Assembly, Conditional Logic Support, Language Support for International Languages, Process Automation (+8 more)
• Document Review & Management — Document sets/Packages Supported, Extranets or Portals for Document Sharing, Version Control, Document Database Management (Repository for Archiving and Retention) (+8 more)
• Filing & Compliance — Encryption in transit, Access Controls, Encryption capabilities, Data Loss and Malware Prevention (+3 more)
• Communication & Collaboration — Collaboration Tools for Document Automation, Integrations with Business Process Systems, Integration with Microsoft Teams, Messaging
• Firm Operations & Growth — Integrations with Document Management Systems, Integrations with CRM, Integrations with Digital Signature Apps, Task Management
• Research & Analysis

Workflow mappings derived from published feature lists. Not independently verified.

Company Info

• Sector: Legal Tech

What We Haven’t Verified

This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.