Legora, the AI platform transforming legal work, has raised $150 million in a Series C round. Led by Bessemer Venture Partners, the funding values the company at $1.8 billion. This move highlights surging demand for AI tools in law firms worldwide.
Existing investors like ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator joined the round. The capital will drive global growth and product enhancements.
Legora's Core Mission in Legal Tech
Founded in 2023 in Stockholm, Legora tackles tedious legal tasks with AI. Co-founders Max Junestrand (CEO), Sigge Labor (CTO), and August Erséus spotted the need while watching lawyers handle repetitive work manually.
The platform acts as a shared AI workspace. It helps with case research, document reviews, contract drafting, and team collaboration.
A standout tool is tabular review. Users upload multiple files, and AI agents pull key details across them quickly.
Now serving over 400 clients in 40+ countries, Legora works with top firms like Linklaters, Cleary Gottlieb, Goodwin, and MinterEllison. Thousands of lawyers rely on it daily for faster, smarter workflows.
Legora Funding Snapshot
| Round | Amount | Valuation | Lead Investors | Date |
|---|---|---|---|---|
| Seed | $10.5M | N/A | Y Combinator | May 2024 |
| Series A | $25M | N/A | Redpoint Ventures | July 2024 |
| Series B | $80M | $675M | ICONIQ, General Catalyst | May 2025 |
| Series C | $150M | $1.8B | Bessemer Venture Partners | Oct 2025 |
â Total raised: $265.5M. Headquarters: Stockholm, New York, London. Team: 100+ members.
Why Investors Are Betting Big on Legora?
This round comes five months after a $80 million Series B at $675 million valuation. That's a sharp 167% increase, showing Legora's rapid traction.
Customer numbers jumped from 250 to over 400 since May 2025. Markets doubled too, from 20 to 40.
Legal AI is heating up as firms seek efficiency amid rising workloads. Legora's focus on collaborative features sets it apart from rivals like Harvey.
Funds will expand into new regions and build advanced AI agents for complex tasks. This positions Legora to capture more of the $300 billion legal services market.
Stay Connected to Legora
| Platform | Handle/Link |
|---|---|
| Website | legora.com |
| linkedin.com/company/wearelegora | |
| Careers | legora.com/careers |
| twitter.com/legora_ai |
Legora's Path Forward
Next steps include deeper U.S. penetration and Europe-wide rollout. Product updates will emphasize autonomous AI for routine legal processes.
Challenges loom, like data privacy rules and rival innovations. Yet with young founder Junestrand leading, Legora could redefine legal practice.
Success potential is strong if execution matches the hype. This funding cements Legora as a legal AI frontrunner.
