Legora raises $550 million at $5.5B valuation
Legora, the AI-powered legal tech startup, just raised a massive $550 million in Series D funding led by Accel, with both returning and new big-name investors on board.
This latest round pushes Legora's valuation up to $5.55 billion.
AI workspace for lawyers
Legora builds an AI workspace for lawyers: think document review, contract drafting using past examples, legal research, and team collaboration all in one place.
It integrates with common law-firm document management and productivity tools.
They have launched collaboration features aimed at supporting secure AI-assisted contract review.
Rapid growth and expansion
Legora is now used by 800 law firms worldwide and has grown its team from 40 to 400 employees in just a year.
They plan to grow to more than 300 employees across their US offices by the end of 2026.
For context: just last October they raised $150 million at a much lower $1.8 billion valuation, so things are moving fast!