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Legal AI Platform Legora Secures $550 Million Funding, Valued at $5.55 Billion

Legal AI Platform Legora Secures $550 Million Funding, Valued at $5.55 Billion The Next Web
Legora, the Stockholm‑born AI platform for legal work (formerly Leya), announced a $550 million Series D round led by Accel that lifts its valuation to $5.55 billion. The round brings a mix of new and existing investors, including Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Sands Capital, Starwood Capital, Salesforce Ventures, Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator. Proceeds will fund rapid U.S. expansion, new offices and scaling of its document‑review, research and contract‑drafting tools, which already serve 800 customers across more than 50 markets. Read more →