Swedish Legora announced a $50 million extension to its Series D, bringing total funding in the round to $600 million and valuing the company at $5.6 billion post-money, with new participation from investors including Atlassian and NVIDIA’s venture arm NVentures.
- Founded in 2023 by Max Junestrand, Sigge Labor, and August Erséus, the company builds an AI platform for legal work that is embedded in tools such as Microsoft Word, iManage, and SharePoint.
- It uses machine learning and natural language processing to process large volumes of legal documents, surface key clauses, extract relevant information, and generate drafting support within existing workflows.
- The company has grown rapidly, increasing from 40 to 400 employees within a year and expanding from roughly 200 to over 1,000 organisations across more than 50 markets.
- Legora supports tens of thousands of legal professionals at firms and corporate legal departments including Barclays, White & Case, and Linklaters, and has surpassed $100 million in annual recurring revenue.
- In October 2025, it raised a $150 million Series C led by Bessemer Venture Partners, with participation from investors including ICONIQ Capital, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator.
Details of the deal
- The latest funding will be used to scale its agentic legal AI system, deepen enterprise adoption, and expand automated, end-to-end legal workflows across global markets.
