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Swedish legal-AI startup Legora raises $150m at $1.8bn valuation

Legora raised $150m at a $1.
Stockholm-based Legora, which uses generative AI to automate legal research and contract drafting, closed a $150 million funding round that values the company at approximately $1.8 billion. Investors in the round included Bessemer Venture Partners, ICONIQ and General Catalyst. Legora said proceeds will be used to expand product capabilities, hire engineering talent and push deeper into English- and German-language legal markets. Founders note rapid enterprise uptake among law firms and corporate legal teams seeking productivity gains and lower turnaround times for routine legal work.