Legora raises $550M Series E at an $8.8 billion valuation

Legora, the collaborative AI platform for lawyers, has raised $550 million in a Series E round at an $8.8 billion post-money valuation, up from $5.6 billion. The round was led by Atreides Management, with new investors Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners and J.P. Morgan joining existing backers including Accel, Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Menlo Ventures, Redpoint Ventures and Salesforce Ventures. Legora has passed $200 million in ARR and now serves more than 140,000 legal professionals at over 2,400 law firms and in-house teams across more than 80 markets. The US is its largest market by revenue, with more than half of the AmLaw 50 as customers. The new capital goes to US and international expansion and to the Legora aOS, including agentic intake, horizon scanning and legal research.

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