Legora Raises $550M Series E at $8.8B Valuation
Stockholm-based legal AI startup Legora raised $550 million in a Series E funding round led by Atreides Management, giving the company an $8.8 billion post-money valuation. Legora plans to use the proceeds to expand across North America, Europe and the Asia-Pacific region while continuing to develop its Legora aOS platform. The platform supports legal research, legislative tracking and AI-agent workflows. Legora says its annual recurring revenue has exceeded $200 million and that more than 140,000 legal professionals across over 2,400 law firms and in-house legal teams use its software in more than 80 markets.
The financing provides substantial capital for Legora’s geographic expansion and continued development of its legal AI platform, supporting the company’s push into law firms and in-house legal teams.
Swedish legal AI startup Legora has raised $550 million in a Series E funding round, bringing its valuation to $8.8 billion. US investment firm Atreides Management led the round, with several new and existing investors participating.
Five new investors joined the round: Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners, and J.P. Morgan. Existing backers, including Accel, Benchmark, General Catalyst, ICONIQ, and Salesforce Ventures, also invested.
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