Legora, a rapidly growing LegalTech company known for its collaborative AI platform designed for legal professionals, has successfully secured $80 million in a Series B funding round, reaching a valuation of $675 million.
The funding round was co-led by prominent venture firms ICONIQ and General Catalyst, with additional backing from existing investors Redpoint Ventures, Benchmark, and Y Combinator. This investment will accelerate the company’s product development and global expansion efforts.
Founded by Max Junestrand, Legora is revolutionizing how legal teams operate by offering an AI-powered platform that assists lawyers in reviewing, researching, drafting, and providing legal advice with greater precision and efficiency. The AI adapts to each user’s unique workflow, fostering seamless collaboration between legal teams and artificial intelligence at scale.
Legora currently operates out of London, New York, and Stockholm, and boasts a team of 100 employees with experience spanning top-tier law firms and cutting-edge technology companies. The company is focused on streamlining complex legal tasks, improving accuracy, and enhancing productivity across the legal ecosystem.
As LegalTech continues to gain traction globally, Legora’s innovative approach is positioning it as a front-runner in the transformation of legal operations through intelligent automation and AI-driven collaboration.