Legora Secures $150M in Funding, Elevating Legal AI Valuation to $1.8B

Legora AB, a Stockholm-based provider of collaborative artificial intelligence for lawyers, has successfully raised $150 million, elevating its valuation to $1.8 billion.

• Led by Bessemer Venture Partners, the Series C venture round raised $150 million with participation from existing investors like Y Combinator and Redpoint Ventures.
• This funding follows Legoras $80 million Series B round in May, bringing the companys total funding to $226 million and enhancing its valuation (finance) to $1.8 billion.
• The investment reflects growing confidence in the potential of artificial intelligence tools within the legal industry, aiming to innovate how lawyers collaborate and operate.