Legora announces $550 million Series E at $8.8 billion post-money valuation
Legora named Atreides Management as lead investor and plans to use the funding for geographic expansion and platform development.
TLDR
Legal AI company Legora announced a $550 million Series E at an $8.8 billion post-money valuation, led by Atreides Management. Legora puts annual recurring revenue above $200 million and says its platform is used by more than 140,000 legal professionals. The company plans to expand geographically and invest further in Legora aOS. Legora says its previous round valued it at $5.6 billion.
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