Legora, an AI platform built for lawyers, has raised $550 million in a Series D funding round, valuing the Swedish company at $5.55 billion.
The valuation is a big jump from the $1.8 billion Legora achieved just last October, when it raised a $150 million Series C round. The company has now raised a total of $816 million since its inception.
Founded in 2023, Stockholm-based Legora says it plans to use the new capital to accelerate its expansion across the U.S. It set up shop in New York one year ago and is now opening new offices in Houston and Chicago. It has over 800 customers across 50 markets.
Accel led the round, which also included participation from existing backers Benchmark, Bessemer Venture Partners, General Catalyst, Iconiq Capital, Redpoint Ventures, and Y Combinator, as well as a slew of new investors, including Bain Capital, Menlo Ventures and Salesforce Ventures 1.
Venture funding for legal tech startups reached a record high in 2025, driven by investor enthusiasm for AI’s potential to automate the legal profession. Per Crunchbase data, companies in the legal and legal technology sectors raised $4.08 billion in seed- through growth-stage funding in 2025. That’s an impressive 77.4% increase from the $2.3 billion raised by legal tech startups in 2024.
Other startups in the industry that have closed on sizable fundings over the past year include:
- Filevine: A provider of legal practice management software, Filevine announced in September that it had closed on two previously undisclosed rounds totaling $400 million. Insight Partners led the first round and, interestingly, joined Accel and Halo Experience Co. to co-lead the second.
- Harvey: San Francisco-based Harvey, a provider of AI tools for legal professionals, closed on four separate funding rounds in 2025, including two rounds of $300 million each. To date, the 3-year-old company has raised more than $1 billion.
- Blue J: Toronto-based Blue J, developer of a GenAI tax research platform that counts legal professionals among its core users, raised $122 million in an August Series D financing led by Oak HC/FT and Sapphire Ventures.
- Eudia: Palo Alto, California-based Eudia, which develops an intelligence platform for Fortune 500 legal teams, landed up to $105 million in a Series A financing led by General Catalyst.
“Over the past year, the pace of adoption in the U.S. has exceeded our expectations, as leading firms and in-house teams move decisively from experimentation to embedding AI across their organisations,” Max Junestrand, CEO and co-founder of Legora, said in a press release. “This funding enables us to accelerate our U.S. growth — investing in talent and infrastructure, strengthening our presence in key markets, and ensuring we can support customers on the ground as they integrate AI into their core workflows.”
The company expects to open more offices in the U.S. this year.
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Illustration: Dom Guzman
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