Legora raises $550M at $5.55B, tripling its valuation in 5 months

Techfundingnews
Legora secured $550 million in Series D funding, tripling its valuation to $5.55 billion, to fuel its U.S. expansion and AI platform development.

Summary

Legal technology startup Legora has raised $550 million in a Series D funding round led by Accel, bringing the company’s valuation to $5.55 billion. This funding round, which included participation from existing and new investors like Alkeon Capital and Salesforce Ventures, will be used to expand hiring, invest in infrastructure, and further develop Legora’s AI platform as legal organizations increasingly adopt AI. The investment coincides with the first anniversary of Legora’s U.S. operations, marked by the opening of a New York office in March 2025, and plans to open additional offices in Houston and Chicago.

Legora’s platform assists lawyers with research, document review, and drafting, and is currently used by over 80,000 lawyers across more than 800 customers in over 50 markets, including firms like White & Case and Cleary Gottlieb. The company has experienced significant growth, increasing its workforce from 40 to approximately 400 employees across its global offices.

According to Arun Mathew, Partner at Accel, Legora is focused on “building the AI operating system for the legal industry,” and the funding will enable the company to accelerate its growth and support customers integrating AI into their core workflows. CEO Max Junestrand stated that the adoption rate in the U.S. has exceeded expectations, driving the need for increased investment in talent and infrastructure.

(Source:Techfundingnews)

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