Summary
Stockholm-based Legora raised $150 million at a $1.8 billion valuation, becoming Europe's most valuable legal tech company. The funding round, led by Bessemer Venture Partners, signals strong investor confidence in AI-powered legal workflows.
Stockholm-based Legora has raised $150 million in Series C funding at a $1.8 billion valuation, cementing its position as Europe's best-funded and most valuable legal technology startup.
The round was led by Bessemer Venture Partners, with participation from existing investors ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator. This brings Legora's total funding to $266 million across five rounds.
Formerly known as Leya, the company rebranded as Legora in February 2025 as it accelerated product development and international expansion. The platform is now used by over 400 organizations across 40 markets, including prestigious law firms such as Linklaters, Cleary Gottlieb, Goodwin, and MinterEllison.
The funding follows a remarkable growth trajectory:
- **May 2024**: $10.5 million seed round
- **July 2024**: $25 million Series A
- **May 2025**: €70.6 million (~$80M) Series B at €596M valuation
- **October 2025**: $150 million Series C at $1.8B valuation
Legora's AI platform supports law firms and in-house legal teams with document review, research, and drafting. The company's focus on collaborative AI—enabling multiple lawyers to work together with AI assistance—has differentiated it in an increasingly crowded market.
The investment reflects broader trends in European legal tech. VCs have funnelled €780 million into the sector across 77 funding rounds in 2025, nearly double the €417 million invested across 82 rounds in 2024.
Industry observers note that Legora's success demonstrates product-market fit in the enterprise legal AI segment, validating the thesis that law firms are willing to pay premium prices for tools that demonstrably improve efficiency and reduce risk.