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Legora<\/a>, an AI platform for lawyers, is now valued at $5.55 billion following a $550 million Series D set to fuel its growth in the U.S. That\u2019s despite growing competition with rival Harvey<\/a>, but also with Microsoft Copilot and generalist large language models (LLMs). Publicly listed legal software companies saw their stocks drop<\/a> when Anthropic unveiled a legal plugin for Claude<\/a>.<\/p>\n Legora is built on top of LLMs, and mostly on Claude<\/a>, but its positioning as a platform that supports lawyers with complex cases gives CEO Max Junestrand some peace of mind. \u201cIt\u2019s amazing that everybody can have their own pocket lawyer in Claude, but we\u2019re not solving for the same use case,\u201d he said via livestream at the Techarena conference in Stockholm.\u00a0<\/p>\n With a focus on embedding itself into its clients\u2019 workflows, Legora\u2019s platform is now used by 800 law firms and legal teams \u2014 and investors took note. Its Series D was led by Accel, with participation from existing investors Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator; and new backers including Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital.<\/p>\n There are other signs that investors are bullish about AI legaltech. Legora\u2019s Series D and valuation jump come just a few months after its October 2025 $150 million Series C round<\/a> led at a $1.8 billion valuation. Its competitor, Harvey, which is backed by a16z, is already valued at $8 billion<\/a>, and is now reportedly seeking to raise at a $11 billion valuation<\/a>. According to Dealroom<\/a>, they are also on almost identical trajectories with regard to revenue.\u00a0<\/p>\n Both are also branching out globally; Harvey is pushing hard into Europe<\/a>, and Legora in the opposite direction. Formerly known as Judilica, then Leya<\/a>, the startup is an alum of Stockholm\u2019s SSE Business Lab, a known breeding ground for unicorns<\/a>. But after participating in YC\u2019s winter 2024 batch<\/a>, Legora is now headquartered in New York and keen to keep on pushing in the U.S. market, where its growth exceeded its expectations coming out of Europe.<\/p>\n \u201cIt\u2019s nine to one in terms of legal spending; it turns out the Americans love to sue each other much more than we like to do in Europe,\u201d Junestrand joked while speaking to Techarena\u2019s audience. But the team has grown globally \u2014 from 40 to 400 team members over the past year, according to a press release.<\/p>\n In addition to New York and Stockholm, Legora has offices in Bangalore, London, and Sydney, with more to follow. Alongside its Series D, Legora announced it would open offices in Houston and Chicago, with plans to open additional local hubs and grow to more than 300 employees across its U.S. offices by the end of 2026.<\/p>\n Techcrunch event<\/p>\n \n\t\t\t\t\t\t\t\t\tSan Francisco, CA<\/span>
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\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n