Chip giant Nvidia bets on legal AI with Legora investment

Legora has secured backing from AI chip giant Nvidia as part of a $50 million extension to its latest funding round.

The investment comes via NVentures, Nvidia’s venture arm, and forms part of an extension to Legora’s $550 million Series D announced in March, taking the total round to $600 million and valuing the legal AI startup at $5.6 billion.

The move adds another high-profile name to Legora’s cap table at a time when competition in legal AI is intensifying and general AI players are increasingly pushing into the space.

Rapid growth

The funding follows a period of rapid expansion for Legora, which recently passed $100 million in annual recurring revenue less than 18 months after launching.

The company has also scaled quickly, growing from 40 to 400 employees and expanding its customer base to more than 1,000 organisations across over 50 markets.

While law firms remain core to its business, Legora said in-house legal teams are one of its fastest-growing segments as companies look to bring AI capabilities in-house.

Across deployments, customers are seeing measurable impact, with law firms reporting an average of 4.3 non-billable hours saved per lawyer each week and 42% saying they have won new work directly as a result of using the platform.

Legora CEO Max Junestrand said enterprise AI is entering a new phase. “Foundation models are improving rapidly, but the real breakthrough is in how they’re applied, where AI doesn’t just assist, but executes autonomously with the right level of human oversight,” he said.

“With the support of our investors and customers, we’re building a full agentic operating system for legal work.”

Brand and market push

Legora has also been investing heavily in brand and market presence as it scales.

The company recently launched a major advertising campaign featuring Hollywood actor Jude Law and signed a sponsorship deal with the New York Yankees, part of a broader push to raise its profile globally.