Legal AI startup Legora raises $550M Series E at $8.8B valuation
Legal artificial intelligence startup Legora has secured a $550 million Series E funding round, pushing its valuation to $8.8 billion. Atreides Management led the financing, which included contributions from Baron Capital, Bessemer Venture Partners, General Catalyst, and Menlo.
Legal artificial intelligence startup Legora has secured a $550 million Series E funding round, pushing its valuation to $8.8 billion. Atreides Management led the financing, which included contributions from Baron Capital, Bessemer Venture Partners, General Catalyst, and Menlo.
The company builds software that automates workflow tasks for legal professionals, reflecting a broader industry push toward AI services that actively execute work rather than just acting as assistants. Legora announced that its annual recurring revenue has surpassed $200 million, doubling from the $100 million figure reported during an April funding extension.
This new round follows a turbulent period of high-stakes investments in the legal tech sector. Just a month prior, top competitor Harvey raised $550 million at a $15.5 billion valuation, having previously reported annual recurring revenue above $200 million in March. Legora plans to direct its fresh capital toward expanding its operations across North America.
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Original publication: 22 October 2026 00:21
