Legora, a collaborative AI platform for legal work, has raised $550 million in a Series D funding round at a $5.55 billion valuation to accelerate its expansion across the United States.
The round was led by Accel and included participation from existing investors Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator. New investors included Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Sands Capital, Starwood Capital and Salesforce Ventures.
The funding comes as the Stockholm-founded company continues expanding its presence in the United States, which has rapidly become a core growth market. The announcement coincides with Legora’s first anniversary operating in the U.S., following a series of customer wins and partnerships with major law firms including White & Case, Cleary Gottlieb and Goodwin.
Less than a year after opening its first U.S. office in New York in March 2025, Legora is expanding its footprint with additional offices in Houston and Chicago alongside its existing locations in New York and Denver. The company expects to open more local hubs and grow to more than 300 employees across its U.S. offices by the end of 2026.
Legora provides an AI platform designed to support legal professionals in research, review and drafting across complex matters. Its platform is used by tens of thousands of lawyers each day across more than 800 law firms and in-house legal teams in over 50 markets. Customers include organizations such as Bird & Bird, Cleary Gottlieb, White & Case, Linklaters, Deloitte, Dentons and Goodwin.
The company has grown significantly over the past year, increasing its workforce from 40 to 400 employees across Stockholm, London, New York, Denver, Sydney and Bengaluru.
KEY QUOTES
“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. 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. We’re incredibly grateful to the legal teams who trust us to support some of their most important work, and to the investors who continue to back our long-term vision. This support enables us to continue building technology that empowers lawyers through seamless collaboration between human expertise and machine intelligence.”
Max Junestrand, CEO and Co-Founder, Legora
“Max and team are relentlessly focused on building the AI operating system for the legal industry. As in other service industries, work is quickly shifting to end-to-end workflows run by agents, and more of that work is happening on Legora. We’re excited to partner with Legora as they enter this next stage of growth.”
Arun Mathew, Partner, Accel
