Swedish legal-tech Legora plans London and European expansion
Summary
Swedish legal AI startup Legora is expanding its footprint across Europe with new offices in Madrid, Milan, and Paris, alongside a new engineering hub in London. The expansion follows a $550 million Series D funding round in March that valued the company at $5.5 billion. The new offices will serve as regional hubs for customer success, go-to-market functions, and legal engineering, with plans to open during Q3 this year. Legora is already hiring to grow its combined EMEA headcount to 700 within the next year. CEO Max Junestrand highlighted London's concentration of engineers who understand AI in professional contexts. The expansion brings Legora's global footprint to 16 cities, including recent additions in Singapore and Tokyo. The company plans to use the new funds to expand its US presence, with a target of more than 300 employees by the end of 2026.
(Sourceļ¼Siliconrepublic.com)