Legora Revenue, Valuation, Funding & Investors

Legora is valued at $8.8B as of October 2026, a 44.0x revenue multiple. Legora revenue was $200M, as disclosed with its latest round.

Last Legora valuation

$8.8B

Series E · Oct 2026

Last Legora funding round

$550M

Series E · Oct 2026

Legora revenue

$200M

Series E · Oct 2026

Key investors in Legora

  • Benchmark
  • Y Combinator
  • Redpoint
  • General Catalyst
  • ICONIQ Capital
  • Bessemer Venture Partners

Legora Overview

About Legora

Legora is a Swedish legal technology company headquartered in Stockholm that sells an agentic operating system for legal work. It was founded in 2023 as Leya by Max Junestrand, Sigge Labor and August Erseus and took the Legora name in 2025. Law firms and in-house legal teams use the platform for research, document review, drafting and workflow automation, through a Word add-in, an editor and other tools. Legora serves more than 2,000 customers in over 80 markets, employs more than 1,000 people in 18 offices and reports annual recurring revenue above 200 million dollars. It raised a 550 million dollar Series E at an 8.8 billion dollar valuation in October 2026. In 2026 it acquired Walter, Qura, Graceview, Cadastral and Wexler to extend the platform.


Founded

2023

HQ

SwedenStockholm

Website

legora.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$200M (Oct 2026)

Valuation

$8.8B (Oct 2026)

Legora Valuation

Legora is currently valued at $8.8B, based on its Series E in October 2026. Read the announcement ↗

The $550M round was led by Atreides Management, with participation from Salesforce Ventures, General Catalyst, Redpoint, ICONIQ Capital, Fidelity and 9 other investors.

Legora's valuation has grown 13x from $675M at its Series B in May 2025 to $8.8B in October 2026, across 5 priced rounds.

Legora valuation by funding round

Revenue multiple
Legora valuation by funding round
DateStageValuationRevenue Multiple
Oct 2026Series E$8.8B44.0x
Apr 2026Series D$5.6B56.0x
Mar 2026Series D$5.5B55.5x
Oct 2025Series C$1.8B78.3x
May 2025Series B$675M-

Legora Revenue

Legora's latest recorded revenue is $200M, as of its Series E in October 2026. At a $8.8B valuation, that implies a 44.0x revenue multiple.

Revenue grew from $23M in October 2025 to $200M in October 2026, while the revenue multiple moved from 78.3x to 44.0x.

Legora revenue by funding round

Legora revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Oct 2026$200M$8.8B44.0xSeries E
Apr 2026$100M$5.6B56.0xSeries D
Mar 2026$100M$5.5B55.5xSeries D
Oct 2025$23M$1.8B78.3xSeries C

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Legora Funding History

Legora has raised a total of $1.4B across 7 funding rounds.

Legora's first fundraising round was a $500K pre-seed round in April 2024. The most recent completed round was a $550M Series E in October 2026.

Legora funding rounds

Legora funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2026Series EAtreides Management (lead); Salesforce Ventures; General Catalyst; Redpoint; ICONIQ Capital; Fidelity; Sands Capital Ventures; Benchmark; Bessemer Venture Partners; JP Morgan Banco; Baron Capital; Capital Group; Glade Brook Capital Partners; Insight Partners; Accel$550M$8.8BLegora announced on 21 October 2026 that it had raised a USD 550 million Series E at a post-money valuation of USD 8.8 billion. The round was led by Atreides Management, with new investors Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners and J.P. Morgan joining. Existing investors Accel, Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Insight Partners, Redpoint Ventures, Salesforce Ventures and Sands Capital also took part. The company said the new valuation compares with USD 5.6 billion at its previous round, a Series D extended to USD 600 million in April 2026, and that it will use the capital to accelerate growth. Legora said annual recurring revenue went from USD 1 million to USD 100 million in under 18 months and now stands above USD 200 million, with the United States its largest market by revenue. Legora was founded in Stockholm in 2023 under the name Leya by Max Junestrand, Sigge Labor and August Erseus, and Junestrand is chief executive. It builds an agentic operating system for legal work used for research, review and drafting by law firms and in-house legal teams, serving more than 2,000 customers across over 80 markets with more than 1,000 employees in 18 offices.
Apr 2026Series DAdams Street Partners; NVentures; Nikesh Arora; Geodesic Capital; Liberty Global; Atlassian; Barclays; Insight Partners; Airtree Ventures$50M$5.6BLegora, a Stockholm-based AI legal technology platform, closed a $50 million Series D extension in April 2026, bringing the total Series D round to $600 million and valuing the company at $5.6 billion post-money. The extension was led by NVentures (Nvidia's venture capital arm) with participation from Atlassian, Adams Street Partners, Insight Partners, Airtree, Barclays, Geodesic Capital, and Liberty Global, alongside individual investor Nikesh Arora. This extension followed the initial Series D close in March 2026, which raised $550 million at a $5.55 billion valuation led by Accel. The investment represents Nvidia's first entry into legal technology and underscores strong institutional confidence in Legora's AI-driven legal workflow solutions. The company has achieved $100 million in annual recurring revenue within 18 months of operation, demonstrating rapid commercial traction. Legora has now raised a total of $866 million since its founding in 2023 by Max Junestrand, Sigge Labor, and August Erséus. The company was originally launched under the name Leya before rebranding to Legora. Previous funding rounds include a $150 million Series C in October 2025 at a $1.8 billion valuation, representing a significant valuation increase of over 200% in six months.
Mar 2026Series DAccel (lead); Salesforce Ventures; General Catalyst; Redpoint; ICONIQ Capital; Menlo Ventures; Y Combinator; FirstMark; Sands Capital Ventures; Benchmark; Bessemer Venture Partners; Starwood Capital Group; Bain Capital Ventures; Alkeon Capital$550M$5.5BLegora announced on 10 March 2026 that it had raised 550 million dollars in a Series D at a valuation of 5.55 billion dollars to accelerate its expansion across the United States. The round was led by Accel, with participation from existing investors Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator. New investors included Alkeon Capital, Bain Capital, FirstMark, Menlo Ventures, Sands Capital, Starwood Capital and Salesforce Ventures. Chief executive Max Junestrand said adoption in the United States had exceeded expectations as firms and in-house teams moved from experimentation to embedding artificial intelligence across their organisations. Legora's collaborative platform for lawyers serves 800 customers in more than 50 markets, including Bird and Bird, Cleary Gottlieb, White and Case, Linklaters, Deloitte, Dentons and Goodwin. The team had grown from 40 to 400 people. The round was extended by 50 million dollars in April 2026.
Oct 2025Series CBessemer Venture Partners (lead); General Catalyst; Redpoint; ICONIQ Capital; Y Combinator; Benchmark$150M$1.8BLegora announced on 30 October 2025 that it had completed a 150 million dollar Series C at a valuation of 1.8 billion dollars, led by Bessemer Venture Partners. Existing investors ICONIQ, General Catalyst, Redpoint Ventures, Benchmark and Y Combinator invested significantly in the round. The company said it would use the funds to accelerate its global expansion and product roadmap. Legora's customer base had grown from 250 to more than 400 leading law firms and in-house legal teams in over 40 markets, double the number of markets from the Series B in May 2025. Tens of thousands of legal professionals use the collaborative artificial intelligence platform every day. The Stockholm-founded company had a team of nearly 200 legal experts and technologists and aimed to more than double in size.
May 2025Series BGeneral Catalyst (lead); ICONIQ Capital (lead); Redpoint; Y Combinator; Benchmark$80M$675MLegora is a collaborative AI platform designed for lawyers, enabling them to review and research with precision, draft smarter, and collaborate seamlessly. Founded less than two years prior to the Series B, the company had achieved significant global traction with lawyers across 250 firms and legal teams in 20 markets making daily use of the platform. The Series B funding round of $80 million was led by ICONIQ and General Catalyst, with participation from existing investors Redpoint Ventures, Benchmark, and Y Combinator, propelling Legora to a $675 million post-money valuation on May 21, 2025. CEO Max Junestrand highlighted the investment as validation of the product's value, growth, and client partnerships, noting it was not actively sought but attracted naturally. The funding enables Legora to double down on client collaboration, scale innovation, and accelerate product development to adapt to rapidly changing technology in the legal profession. By building with lawyers rather than just for them, Legora delivered immediate value, powering work-critical use cases and reducing time on key issues from days to hours, improving client responses and minimizing write-offs. This round occurred amid surging global adoption of legal AI, positioning Legora at the forefront of the shift in the legal industry. Subsequent rounds include a Series C in October 2025 raising $150 million at $1.8 billion valuation led by Bessemer Venture Partners, and a Series D in March 2026 raising $550 million at $5.55 billion valuation led by Accel.
Jul 2024Series ARedpoint (lead); Y Combinator; Benchmark; Wayfinder Ventures; Alt Capital$25M-Leya, now Legora, announced a 25 million dollar Series A on 17 July 2024, led by Redpoint. Existing investors Benchmark, Y Combinator and Wayfinder Ventures took part, and Alt Capital joined as a new investor. Redpoint partners Jacob Effron and Logan Bartlett joined the company's board. The round came two months after Leya's 10.5 million dollar seed round led by Benchmark. Leya builds an intelligent platform that assists lawyers with specific tasks such as legal research, review and drafting. The Stockholm-based company was founded in 2023 by Max Junestrand, Sigge Labor and August Erseus and was renamed Legora in 2025.
Apr 2024Pre-seedY Combinator (lead); Benchmark (lead); Hummingbird Ventures; SV Angel; Daft Capital; Yuri Sagalov; Terrence Rohan; Darian Shirazi$500K-Y Combinator backed Legora, then trading as Leya, in its Winter 2024 batch, the first institutional money the Stockholm legal technology start-up took. The company was founded in 2023 by Max Junestrand, Sigge Labor and August Erseus to build artificial intelligence software for lawyers. Its platform was described as an intelligent platform that assists lawyers with specific tasks such as research, document review and drafting. The Y Combinator investment preceded the 10.5 million dollar seed round led by Benchmark in May 2024. Y Combinator remained an investor through later rounds, including the Series A, B and C. Legora has since grown into one of the fastest-growing enterprise software companies, with offices in Stockholm, London and New York.

Who has invested in Legora?

37 investors have backed Legora across its funding rounds, including Benchmark, Y Combinator, Redpoint, General Catalyst, ICONIQ Capital and Bessemer Venture Partners.

Lead investors include Atreides Management, Accel, Bessemer Venture Partners, General Catalyst, ICONIQ Capital and 3 other investors.


Legora Investors

Investors in Legora by funding rounds participated
InvestorHQRoundsRoleFirst check
BenchmarkUnited StatesSan Francisco, CA6LeadApr 2024
RedpointUnited StatesSan Francisco, CA5LeadJul 2024
Y CombinatorUnited StatesSan Francisco, CA5LeadApr 2024
General CatalystUnited StatesCambridge, MA4LeadMay 2025
ICONIQ CapitalUnited StatesSan Francisco, CA4LeadMay 2025
Bessemer Venture PartnersUnited StatesSan Francisco, CA3LeadOct 2025
Salesforce VenturesUnited StatesSan Francisco, CA2ParticipantMar 2026
Sands Capital VenturesUnited StatesWashington, DC2ParticipantMar 2026
Insight PartnersUnited StatesNew York City, NY2ParticipantApr 2026
AccelUnited StatesPalo Alto, CA2LeadMar 2026
Adams Street PartnersUnited StatesChicago, IL1ParticipantApr 2026
Menlo VenturesUnited StatesMenlo Park, CA1ParticipantMar 2026
Hummingbird VenturesBelgiumBrussels1ParticipantApr 2024

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Legora

Legora has acquired 5 companies to date.

Last acquisition by Legora was on July 28th 2026. Legora acquired Wexler AI for undisclosed valuation.


Latest Acquisitions by Legora

Wexler AI
Cadastral
Graceview
Qura
Description
Wexler AI is a fact intelligence platform that supports legal, compliance, HR, and forensic teams by extracting and verifying key facts from documents. The platform processes contracts, emails, and regulatory filings to establish timelines and relationships in disputes. Headquartered in London, Wexler AI serves global law firms and corporations, integrating with tools like Microsoft 365 and Google Workspace for seamless data import. Launched in 2022, it employs advanced natural language processing to reduce review times by prioritizing high-risk information.
Cadastral is a real estate-focused AI platform serving as an instant CRE analyst. Trusted by global organizations in real estate and private equity, it delivers out-of-the-box tools for market analysis, deal evaluation, and investment insights, founded by experts in technology and property sectors.
Graceview is a provider of regtech solutions leveraging AI for regulatory reporting in capital markets. Based in New York, the platform automates trade reconciliation and disclosure filings for SEC and MiFID II requirements. It processes millions of transactions daily for broker-dealers and exchanges. Graceview integrates with FIX protocols and data warehouses to ensure accuracy in post-trade surveillance and compliance workflows.
Qura is an AI-powered search engine for legal data based in Tel Aviv, Israel. It indexes court decisions, legislation, and case law from jurisdictions including Israel and the U.S., delivering precise results via natural language queries. Qura enhances research for law firms and corporations with citation analysis and precedent mapping. The platform recently expanded its dataset to European Union directives.
HQ CountryUnited KingdomUnited StatesAustraliaSweden
HQ City
London
-
Melbourne
Stockholm
Deal Date28 Jul 20261 Jun 20265 May 202622 Apr 2026
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Legora Competitors

Legora competitors include listed companies like UiPath, SenseTime Group, iFlytek and Tempus AI, and private ones like Instinct and SambaNova.

Public and private companies comparable to Legora
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InstinctUnited StatesSan Francisco, CAPrivate--$10B-
UiPathRomaniaRomaniaPublicly listed$1.6B$70M$7.2B3.4x
SambaNovaUnited StatesSan Francisco, CAPrivate$100M-$11B-
SenseTime GroupChinaChinaPublicly listed$753M($71M)$5.9B5.2x
iFlytekChinaChinaPublicly listed$4.1B$469M$13B3.2x
Tempus AIUnited StatesUnited StatesPublicly listed$1.3B($131M)$13B8.9x

Legora Public Comps

Legora is still privately-owned, but its public comps include MiniMax Group, UiPath, SenseTime Group, Presight AI, Tenable, Range Intelligent, IonQ, iFlytek, Tempus AI and CorVel.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
MiniMax Group$79M($1.9B)77.1x-(3.2x)-
UiPath$1.6B$70M3.7x3.4x85.5x13.3x
SenseTime Group$753M($71M)6.5x5.2x(68.8x)51.2x
Presight AI$825M$214M6.0x4.9x23.0x19.1x
Tenable$999M$31M5.7x5.3x180.0x20.0x
Range Intelligent$852M$803M18.7x13.3x19.9x17.3x
IonQ$130M($531M)83.4x27.5x(20.4x)(26.4x)
iFlytek$4.1B$469M3.5x3.2x30.2x31.0x

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Common questions about Legora

When was Legora founded?Legora was founded in 2023.
Where is Legora headquartered?Legora is headquartered in Stockholm, Sweden.
Is Legora publicly listed?No, Legora is a private, VC-backed company.
What is Legora's valuation?Legora was last valued at $8.8B in its Series E in October 2026.
How much funding has Legora raised?Legora has raised $1.4B across 7 funding rounds.
What was Legora's last funding round?Legora's last funding round was a $550M Series E in October 2026, led by Atreides Management.
Who are Legora's investors?Legora's investors include Benchmark, Redpoint, Y Combinator, General Catalyst, ICONIQ Capital, Bessemer Venture Partners, Salesforce Ventures, Sands Capital Ventures, Insight Partners, Accel and 27 others.
What is Legora's revenue?Legora's latest recorded revenue is $200M (October 2026).
What is Legora's revenue multiple?Legora's latest valuation implies a 44.0x revenue multiple ($8.8B valuation on $200M of revenue).
Which companies are comparable to Legora?Companies comparable to Legora include Instinct, UiPath, SambaNova, SenseTime Group, iFlytek and Tempus AI.
How many companies has Legora acquired?Legora has acquired 5 companies, including Wexler AI, Cadastral, Graceview, Qura and Walter.

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