Stockholm-based Legora has raised $150 million in Series C funding at a $1.8 billion valuation, making it the latest legaltech unicorn. The round was led by Bessemer Venture Partners with participation from ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator. The company develops an AI platform used by law firms and in-house legal teams to support document review, research, and drafting. The funding follows a period of rapid growth, with Legora’s client base expanding to over 400 organizations across 40 markets. The new capital will be used to expand internationally, grow its team, and develop new product capabilities to meet demand for AI-driven legal workflows.
Legora develops an artificial intelligence platform designed for law firms and corporate legal departments. The platform supports document review, drafting, and research tasks, integrating collaboration tools to streamline daily workflows for legal professionals. Founded in Stockholm and headquartered in New York, the company operates across more than 40 markets with offices in Europe, North America, and Australia. Legora works with a range of international law firms and enterprises to integrate AI into legal operations while maintaining accuracy, compliance, and efficiency.
Legora now partners with many of the world’s most prestigious enterprises and law firms – including Linklaters, Cleary Gottlieb, Goodwin, and MinterEllison – not just as customers, but as strategic collaborators. Tens of thousands of legal professionals use Legora every day to review and research with precision, draft smarter, and collaborate seamlessly.
Max Junestrand, CEO and co-founder of Legora, said: “We are seeing astronomical demand for our product. Legal professionals across the globe are adopting AI into their work at an unprecedented rate, and I could not be more proud of supporting our customers on this journey. I’m grateful for the strong backing of our investors, which enables us to execute on our vision: enabling the lawyer of the future and seamless collaboration between machine and human intelligence.”
Legora’s success is driven by its collaborative approach to developing and embedding AI. More than a platform, Legora is a trusted partner to its clients – working side by side from the very first interaction through full-scale rollout and beyond. This ensures solutions that are seamlessly aligned with client needs and embraced across entire organizations, driving immediate impact and lasting transformation in the legal profession.
“Legora exemplifies how the most transformative AI companies fundamentally reimagine how work gets done – they’ve built not just another legal tech tool, but a collaborative AI platform that elevates the practice of law itself,” said Sameer Dholakia, partner, Bessemer Venture Partners. “Max and his team’s customer-obsessed approach and exceptional product velocity position Legora to lead the AI transformation of the trillion-dollar legal services industry.”
With offices in Stockholm, London, New York, Denver, and Sydney, Legora has built a team of nearly 200 legal experts and technologists. In the year ahead, the company aims to more than double in size and establish additional global hubs, strengthening its ability to meet the needs of an expanding international client base.
Max Junestrand added: “Legora is quickly becoming the go-to partner for legal professionals worldwide – making their work easier, more rewarding, and more profitable. We’ve made great progress, but we are only getting started, and executing on our vision will demand relentless focus and hard work from the entire team. We’re excited for the next stage of our journey and the opportunity to create long-lasting impact across the legal profession.”
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Read the orginal article: https://arcticstartup.com/legora-raises-150-million-series-c/
