Legora secures $550m mega funding round as valuation jumps to $5.6bn


Published:
March 10, 2026 12:40 PM
Chief executive and co-founder Max Junestrand
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Legora has raised $550 million in a Series D funding round led by Accel, valuing the legal AI company at $5.6 billion.

The round more than doubles the company’s previous valuation and will support rapid US expansion following major law firm client wins including White & Case, Cleary and Goodwin.

Legora has raised $550 million in a Series D funding round led by Accel, valuing the legal AI platform at $5.6 billion as it pushes deeper into the US legal market.

The round more than doubles the company’s previous valuation of $1.8 billion in October following its Series C round. New backers include Bain Capital, Menlo Ventures, Salesforce Ventures and Sands Capital, alongside existing investors.

Arun Mathew, partner at Accel said: “As in other service industries, work is quickly shifting to end-to-end workflows run by agents, and more of that work is happening on Legora.”

US growth push

The funding coincides with Legora’s first anniversary operating in the US and follows a series of major customer wins among American firms including White & Case, Cleary and Goodwin.

Chief executive and co-founder Max Junestrand said: “Over the past year, the pace of adoption in the U.S. has exceeded our expectations, as leading firms and in-house teams move decisively from experimentation to embedding AI across their organisations.

This funding enables us to accelerate our U.S. growth – investing in talent and infrastructure, strengthening our presence in key markets, and ensuring we can support customers on the ground as they integrate AI into their core workflows.”

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Expanding footprint

Less than a year after opening its first US office in New York in March 2025, Legora is expanding its footprint with new offices in Houston and Chicago alongside its existing bases in New York and Denver. The company expects to grow to more than 300 employees across its US offices by the end of 2026.

Rapid scaling

Legora has expanded rapidly over the past year, growing from around 40 employees to roughly 400 across offices including Stockholm, London, New York, Denver, Sydney and Bengaluru.

The company says its platform now supports tens of thousands of lawyers each day across more than 800 law firms and in-house legal teams operating in over 50 markets.

Junestrand added: “We’re incredibly grateful to the legal teams who trust us to support some of their most important work, and to the investors who continue to back our long-term vision.”

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