From Dealroom · · 40s
Legora Raises $550M as Legal AI Race Intensifies
Legora's $8.8B valuation in Series E funding makes legal AI a two-horse race with Harvey.
In brief
Legora's $8.8B valuation in Series E funding makes legal AI a two-horse race with Harvey. Legora raised $550 million at $8.8 billion valuation, positioning legal AI against Harvey in a competitive market. Originally reported by Dealroom.
Legora's Series E Funding
Legora raised $550 million at $8.8 billion post-money valuation, up from $5.6 billion six months prior.
Investors and Growth Metrics
New investors include Baron Capital, Capital Group, Fidelity, Glade Brook, J.P. Morgan, and major existing backers. ARR now exceeds $200 million with 1,000+ employees.
Market Position and Next Steps
Legora leads legal AI with 140,000 professionals across 2,400 firms. Funds North American expansion and new products like agentic intake.
The bottom line
Legora raised $550 million at $8.8 billion valuation, positioning legal AI against Harvey in a competitive market.
