Legora secures $550 million as valuation reaches $8.8 billion

Atreides Management led the Swedish legal AI startup’s Series E round, with new investors including Baron Capital, Capital Group, Fidelity Management & Research Company and Glade Brook Capital Partners. The funding will support expansion into new markets, according to Bloomberg. Quartz reports that annual recurring revenue exceeds $200 million.

• The previous funding round valued Legora at $5.6 billion, according to Quartz.
• J.P. Morgan also joined the round, according to SiliconANGLE.

Covered by 8 publishers within 6 hours of the first report.

• The Next Web: Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation

Reporting8

SF Sifted Legora raises fresh $550m at $8.8bn valuation 9:38 AM

TNW The Next Web Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation · Ana-Maria Stanciuc 9:51 AM

BL Bloomberg Legal AI Startup Legora Raises Funds at $8.8 Billion Valuation · Yazhou Sun 9:56 AM

SA SiliconANGLE Legal AI startup Legora raises $550M at $8.8B to change the face of the law · Kyt Dotson 11:55 AM

RTW RuntimeWire Legora raises $550M at an $8.8B valuation as legal AI reaches in-house teams · RuntimeWire Staff 12:53 PM

QZ Quartz Swedish legal AI startup Legora raised $550 million at an $8.8 billion valuation · Cris Tolomia 1:50 PM

TC TechCrunch Legal AI startup Legora raises $550M Series E at $8.8B valuation · Dominic-Madori Davis 2:51 PM

PY PYMNTS Legora Hits $8.8 Billion Valuation as Legal Professionals Deploy AI Agents · PYMNTS 3:47 PM

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