Published by Global Banking & Finance Review®
Posted on March 10, 2026
2 min readLast updated: April 1, 2026
Add as preferred source on GoogleSweden‑based legal AI startup Legora has secured a $550 million Series D round at a $5.55 billion valuation led by Accel, boosting its U.S. expansion with plans to hire over 300 employees by end‑2026.
(This March 10 story has been repeated without any changes to the text.)
COPENHAGEN, March 10 (Reuters) - Sweden-based legal AI startup Legora said on Tuesday it had raised $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States.
"Over the past year, the pace of adoption in the U.S. has exceeded our expectations, as leading firms and in-house teams move decisively from experimentation to embedding AI across their organisations," Legora CEO Max Junestrand said in a statement.
(Reporting by Louise Rasmussen, editing by Kirsten Donovan)
Legora raised $550 million in its Series D funding round, valuing the company at $5.55 billion.
The round was led by Accel, with participation from Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures, Y Combinator, and new investors such as Alkeon Capital, Bain Capital, FirstMark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital.
Legora plans to accelerate its US growth by investing in talent and infrastructure, opening new hubs, and expanding to more than 300 employees across US offices by the end of 2026.
Legora was valued at $1.8 billion after its October funding round, and is now valued at $5.55 billion following the latest Series D.
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