Legal AI platform Legora raises $550m at a $5.55bn valuation

"Legora, (formerly known as Leya) the AI platform Junestrand co-founded in Stockholm in 2023, today announced it has raised $550 million in a Series D round led by Accel, valuing the company at $5.55 billion. The round brings in a broad cast of investors, Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Sands Capital, Starwood Capital, and Salesforce Ventures are among the new entrants, while existing backers Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator all returned."

"The scale and speed of Legora's ascent is difficult to overstate. In May 2025, the company raised an $80 million Series B at a $675 million valuation. By October it closed a $150 million Series C at $1.8 billion. Today's announcement triples that figure in five months, a trajectory that places Legora among the fastest-growing enterprise AI companies in Europe."

"The platform now serves 800 customers across more than 50 markets, up from 400 customers in October and 250 firms in May. Legora's roster includes White & Case, Cleary Gottlieb, Goodwin, Linklaters, Deloitte, Dentons, and Bird & Bird. The company has grown from 40 employees to 400 in the past year, with offices in Stockholm, London, New York, Denver, Sydney, and Bengaluru."

Legora, an AI platform co-founded by Max Junestrand in Stockholm in 2023, has achieved extraordinary growth, raising $550 million in Series D funding at a $5.55 billion valuation. The company's trajectory is remarkable: from $675 million in May 2025 to $1.8 billion in October, then tripling to its current valuation within five months. Legora now serves 800 customers across 50+ markets, including major law firms like White & Case, Cleary Gottlieb, and Linklaters. The company has expanded from 40 to 400 employees globally, with offices in Stockholm, London, New York, Denver, Sydney, and Bengaluru. Plans include new offices in Houston and Chicago, with expectations to employ over 300 people in the US by year-end. The funding round includes investors such as Accel, Alkeon Capital, Bain Capital, and Salesforce Ventures.

Read at TNW | Startups-Technology