AI Legal Platform Legora completes $550 million Series D funding, led by Accel

Gate News reports that on March 10th, the AI platform for lawyers, Legora, completed a $550 million Series D funding round, led by Accel. Existing investors Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator continued their participation; new investors include Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital.

Legora is built on large language models, primarily based on Claude. CEO Max Junestrand stated at the Techarena conference in Stockholm, "While everyone can have their own 'pocket lawyer' within Claude, our solutions target different use cases." Legora focuses on integrating into clients' workflows, with 800 law firms and legal teams currently using its platform.

Legora has offices in New York, Stockholm, Bangalore, London, and Sydney. Along with the Series D funding, Legora announced plans to open offices in Houston and Chicago, with plans to establish more local branches in the future. By the end of 2026, the total number of employees across all U.S. offices is expected to exceed 300.