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- Legora
Legora Revenue, Valuation, Funding & Investors
Legora is valued at $5.6B as of April 2026, a 56.0x multiple on its last reported $100M revenue.
Last Legora valuation
$5.6B
Series D · Apr 2026
Last Legora funding round
$50M
Series D · Apr 2026
Legora revenue
$100M
Series D · Apr 2026
Key investors in Legora
Y Combinator
Benchmark
Redpoint
General Catalyst
ICONIQ Capital
Bessemer Venture Partners
About Legora
Legora is a London-headquartered AI platform designed for legal professionals to review documents, perform research, and generate drafts. The tool automates contract analysis and case law searches while integrating with firm workflows for junior lawyers and partners. Founded in 2023, it emphasizes collaborative features that align with client-specific implementations across litigation and corporate practices.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$100M (Apr 2026)
Valuation
$5.6B (Apr 2026)
Legora Valuation
Legora is currently valued at $5.6B, based on its Series D in April 2026.
The $50M round included Adams Street Partners, NVentures, Atlassian and Insight Partners.
Legora's valuation has grown 8.3x from $675M at its Series B in May 2025 to $5.6B in April 2026, across 4 priced rounds.
Legora valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2026 | Series D | $5.6B | 56.0x |
| Mar 2026 | Series D | $5.5B | 55.5x |
| Oct 2025 | Series C | $1.8B | 78.3x |
| May 2025 | Series B | $675M | 29.3x |
Legora Revenue
Legora's latest recorded revenue is $100M, as of its Series D in April 2026. At a $5.6B valuation, that implies a 56.0x revenue multiple.
Revenue grew from $23M in May 2025 to $100M in April 2026, while the revenue multiple moved from 29.3x to 56.0x.
Legora revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Apr 2026 | $100M | $5.6B | 56.0x | Series D |
| Mar 2026 | $100M | $5.5B | 55.5x | Series D |
| Oct 2025 | $23M | $1.8B | 78.3x | Series C |
| May 2025 | $23M | $675M | 29.3x | Series B |
* 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 $866M 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 $50M Series D in April 2026.
Legora funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Series D | Adams Street Partners; NVentures; Atlassian; Insight Partners | $50M | $5.6B | Legora, 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 2026 | Series D | Accel (lead); Salesforce Ventures; General Catalyst; Redpoint; ICONIQ Capital; Menlo Ventures; Y Combinator; FirstMark; Benchmark; Bessemer Venture Partners; Bain Capital Ventures; Alkeon Capital | $550M | $5.5B | - |
| Oct 2025 | Series C | Bessemer Venture Partners (lead); General Catalyst; Redpoint; ICONIQ Capital; Y Combinator; Benchmark | $150M | $1.8B | Legora is a Swedish legal tech startup, founded in 2023, that provides a collaborative AI platform built on large language models to assist lawyers with research, document review, drafting, and other daily workflows. The platform serves tens of thousands of legal professionals daily across 800 customers in over 50 markets, including major firms like Bird & Bird, Cleary Gottlieb, White & Case, Linklaters, Deloitte, Dentons, and Goodwin. The company has expanded rapidly, growing from 40 to 400 team members across offices in Stockholm, London, New York, Denver, Sydney, and Bengaluru. In 2025, Legora completed two funding rounds: a $80m Series B at $675m valuation in May, followed by a $150m raise at $1.8bn valuation in October, matching the queried investors including Benchmark, Bessemer Venture Partners (lead), General Catalyst, ICONIQ Capital, Redpoint, and Y Combinator. This October round represented significant valuation growth amid accelerating US market adoption, where Legora opened its first US office in New York in March 2025 and added Denver. The October 2025 round positioned Legora for further US expansion ahead of its subsequent $550m Series D in March 2026 at $5.55bn valuation led by Accel, with participation from the same core investors plus new ones like Alkeon Capital and Bain Capital. Funds from later rounds focused on US growth through talent hires, infrastructure, and new offices in Houston and Chicago. By early 2026, Legora was reportedly targeting $40m ARR for the year, with current ARR estimated at $23m by analysts, though not tied directly to the October round. Legora's trajectory marks it as one of Europe's fastest-growing startups, with total funding reaching $266m across six rounds by early 2026 from top-tier VCs. The platform emphasizes seamless human-AI collaboration for legal teams shifting from AI experimentation to scaled integration, particularly in the US which became a core market. |
| May 2025 | Series B | General Catalyst (lead); ICONIQ Capital (lead); Redpoint; Y Combinator; Benchmark | $80M | $675M | Legora 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 2024 | Series A | Redpoint (lead); Y Combinator; Benchmark; Wayfinder Ventures; Alt Capital | $25M | - | - |
| May 2024 | Seed | Benchmark (lead); Hummingbird Ventures; SV Angel; Y Combinator; Daft Capital; Yuri Sagalov; Terrence Rohan; Darian Shirazi | $11M | - | Legora raised a $10.5 million seed round backed by Benchmark and other investors including Y Combinator. The company develops a collaborative AI platform for lawyers to support research, review, drafting, and complex legal workflows. At the time, Legora served over 400 clients globally. Investors in early stages also included Daft Capital, Darian Shirazi, Hummingbird Ventures, SV Angel, Terrence Rohan, and Yuri Sagalov per query details. |
| Apr 2024 | Pre-seed | Y Combinator (lead) | $500K | - | - |
Who has invested in Legora?
24 investors have backed Legora across its funding rounds, including Y Combinator, Benchmark, Redpoint, General Catalyst, ICONIQ Capital and Bessemer Venture Partners.
Lead investors include Accel, Bessemer Venture Partners, General Catalyst, ICONIQ Capital, Redpoint and 2 other investors.
Legora Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | Apr 2024 | ||
| 5 | Lead | May 2024 | ||
| 4 | Lead | Jul 2024 | ||
| 3 | Lead | May 2025 | ||
| 3 | Lead | May 2025 | ||
| 2 | Lead | Oct 2025 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | May 2024 | ||
| 1 | Participant | May 2024 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Apr 2026 | ||
This data is available for Pro users. Sign up to see all 24 Legora investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions 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
| 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 Country | |||||
| HQ City | London | - | Melbourne | Stockholm | |
| Deal Date | 28 Jul 2026 | 1 Jun 2026 | 5 May 2026 | 22 Apr 2026 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Legora acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Legora Competitors
Legora competitors include listed companies like Presight AI and SenseTime Group, and private ones like Harvey, SandboxAQ, Ineffable Intelligence and Factory.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $300M | - | $16B | 51.7x | ||
| Publicly listed | $825M | $214M | $5.7B | 5.4x | ||
| Private | - | - | $5.8B | - | ||
| Private | - | - | $5.1B | - | ||
| Publicly listed | $748M | ($70M) | $6.2B | 5.8x | ||
| Private | - | - | $5B | - |
Legora Public Comps
Legora is still privately-owned, but its public comps include Presight AI, SenseTime Group, UiPath, Tenable, XtalPi, CorVel, Fermi, Infleqtion, Shenzhen Intellifusion and Liftoff Mobile.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $825M | $214M | 6.3x | 5.4x | 24.4x | 20.8x | |||
| $748M | ($70M) | 6.9x | 5.8x | (73.5x) | 113.7x | |||
| $1.6B | $70M | 3.7x | 3.5x | 85.8x | 13.7x | |||
| $999M | $31M | 4.1x | 3.9x | 129.9x | 15.3x | |||
| $120M | $22M | 24.8x | 21.5x | 134.0x | (141.6x) | |||
| $959M | $175M | 3.5x | - | 19.1x | - | |||
| - | ($490M) | - | 281.8x | (7.5x) | (63.2x) | |||
| $29M | ($52M) | 92.3x | 64.5x | (50.9x) | (60.0x) | |||
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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 $5.6B in its Series D in April 2026. |
| How much funding has Legora raised? | Legora has raised $866M across 7 funding rounds. |
| What was Legora's last funding round? | Legora's last funding round was a $50M Series D in April 2026. |
| Who are Legora's investors? | Legora's investors include Y Combinator, Benchmark, Redpoint, General Catalyst, ICONIQ Capital, Bessemer Venture Partners, Adams Street Partners, Salesforce Ventures, Menlo Ventures, Hummingbird Ventures and 14 others. |
| What is Legora's revenue? | Legora's latest recorded revenue is $100M (April 2026). |
| What is Legora's revenue multiple? | Legora's latest valuation implies a 56.0x revenue multiple ($5.6B valuation on $100M of revenue). |
| Which companies are comparable to Legora? | Companies comparable to Legora include Harvey, Presight AI, SandboxAQ, Ineffable Intelligence, SenseTime Group and Factory. |
| How many companies has Legora acquired? | Legora has acquired 5 companies, including Wexler AI, Cadastral, Graceview, Qura and Walter. |
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