Legora today (30 April) announced a $50 million extension of its previously announced Series D financing, bringing the total round to $600 million in equity and valuing the company at $5.6 billion post-money. The extension adds Atlassian and NVentures (NVIDIA’s venture capital arm) as corporate investors, alongside new financial investors, including Adams Street Partners, Airtree, Barclays, Geodesic Capital, Insight Partners, Liberty Global and Nikesh Arora.
“As a leader in Legal AI, Legora is showing how deeply integrated, context-aware AI can transform complex workflows. We see strong alignment with Atlassian’s vision for AI-powered
team collaboration and look forward to supporting their continued expansion”, said Sarah Hughes, Atlassian’s head of corporate development and product partnerships.
The extended funding round follows a period of rapid growth. Legora recently surpassed $100 million in annual recurring revenue – placing it among the fastest-growing enterprise software
companies in history.
In terms of vital statistics, over the past year, Legora points out that it has scaled from 40 to 400 employees and expanded its customer base from 200 to more than 1,000 organizations across 50+ markets. Its corporate legal department clients include Barclays, and leading global firm clients include White & Case, HSFK, and Linklaters.
Corporate legal departments now represent one of Legora’s fastest-growing segments, and Legora’s founder and CEO, Max Junestrand, said: “Enterprise AI is now entering a new phase. Foundation models are improving rapidly, but the real breakthrough is in how they’re applied, where AI doesn’t just assist, but executes autonomously with the right level of human
oversight. With the support of our investors and customers, we’re building a full agentic operating system for legal work”.
