Report: Swedish legal tech Legora in talks to double its valuation to $10B
Legora seeks $10B+ funding, nearly doubling its March valuation, as it expands globally and competes with US rival Harvey.Summary
Legora, a Swedish legal‑tech startup founded in 2023 by Max Junestrand, Sigge Labor and August Erséus, is reportedly in talks to raise $10 billion or more, nearly doubling the $5.6 billion valuation it achieved in its March 2026 Series D. The company has grown from a side project in Stockholm to a platform used by over 1,000 enterprise law firms in more than 50 markets, and it plans to open new offices in Madrid, Milan and Paris in Q3 2026.
The funding round could include secondary transactions and new capital, positioning Legora to compete directly with San Francisco‑based Harvey, which is raising at a $15.5 billion valuation. Legora’s AI‑driven collaboration tools allow multiple lawyers to work on a case simultaneously, speeding up due‑diligence and risk flagging, and the company’s rapid expansion to 400 employees reflects its ambition to capture a share of the projected $40.94 billion legal‑AI market by 2034.
(Source：Techfundingnews)