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Legora’s valuation leaps to $8.8BN as raises $550M

Legora raises $550M Series E led by Atreides Management at an $8.8BN valuation.

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Key points

  • Legora said it raised $550 million in a Series E funding round.
  • The round was led by Boston-based Atreides Management, a new investor.
  • Legora's valuation rose to $8.8bn from $5.6bn six months ago after its $600m Series D.

Why it matters. The round shows continued investor appetite for legal AI, valuing Legora at $8.8bn just six months after its previous raise.

Updated Sources: Tech.eu

Swedish legal AI company Legora said it has raised $550 million at an $8.8 billion valuation, just six months after completing its last funding round. The Series E round was led by Boston-based investment firm Atreides Management, a new investor, and brought in other new investors including Baron Capital. The raise lifts Legora's valuation from $5.6 billion six months ago, when it completed a $600 million Series D round.

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Legora’s valuation leaps to $8.8BN as raises $550M

Swedish legal AI outfit Legora today said it has raised $550 million at an $8.8bn valuation, just six months after completing its last funding round.The Series E funding round was led by Boston-based ... Swedish legal AI outfit Legora today said it has raised $550 million at an $8.8bn valuation, just six months after completing its last funding round. The Series E funding round was led by Boston-based investment firm Atreides Management, a new invetstor, and brings on board a slew of other new investors. It propels Legora’s valuation to $8.8bn from $5.6bn six months ago when it completed its $600m Series D funding round. New investors coming on board in the round include Baron Capital, Capital….

Tech.eu

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