Legora raised a $550 million Series E at an $8.8 billion valuation

Legora, the agentic operating system for legal professionals, said it raised a $550 million Series E at an $8.8 billion post-money valuation. The round was led by Atreides Management, with new investors including Fidelity Management & Research Company and J.P Morgan. The new valuation compares with $5.6 billion at the company’s previous round, and the company says ARR now stands at more than $200 million.
NoteFor finance people, in-house legal teams made up more than 40% of Legora’s new customers in the third quarter, a sign that buyers for agent software are widening beyond law firms.
Read the original
The Morning Note, by email
The AI-in-finance stories that matter, before work
One short email each morning, readable in under three minutes. Free, and you can leave anytime.