Legora Valuation Surges to $5.5 Billion As US Law Firms Embrace AI
By Reuters | 11 Mar, 2026

The Swedish startup has succeeded in spreading rapid and total AI adoption by US law firms, heralding sweeping changes in how lawyers work.

Sweden-based legal AI startup Legora said on Tuesday it had raised $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States.

"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," Legora CEO Max Junestrand said in a statement.

The round was led by Accel and existing investorsBenchmark, Bessemer Venture Partners, General Catalyst, ICONIQ,Redpoint Ventures and Y Combinator also participated. New investors, including Alkeon Capital, Bain Capital,FirstMark Capital, Menlo Ventures, Salesforce Ventures, SandsCapital and Starwood Capital also participated.

"This funding enables us to accelerate our U.S. growth -investing in talent and infrastructure, strengthening ourpresence in key markets, and ensuring we can support customerson the ground as they integrate AI into their core workflows,"Junestrand said in a statement.  

The company expects to open additional hubs and grow tomore than 300 employees across its U.S. offices by the end of2026.  The company in October raised $150 million, valuing it at$1.8 billion.

(Reporting by Louise Rasmussen, editing by Kirsten Donovan)