Quick Facts 🗂️
- Company: Legora
- Website: https://legora.com
- LinkedIn: https://www.linkedin.com/company/wearelegora/
- Location: Stockholm, Sweden
- Funding Round: Series B
- Amount Raised: €80M
- Lead Investor(s): ICONIQ Capital, General Catalyst
- Other Investors: Redpoint, Y Combinator, Hummingbird, Benchmark, Wayfinder, SV Angel, Draft Capital
- Angel Investors: Terrence Rohan, Darian Shirazi, Joel Hellermark
- Total Funding to Date: €101M
- Founded: 2023
- Sector: Legal Technology, AI
Overview 🗞️
Legora is a Sweden-based startup developing AI-powered legal technology to streamline legal workflows. Its core product is an enterprise-grade AI platform that automates tasks such as contract analysis, legal research, document review, and case chronology reconstruction. The company is solving the problem of time-consuming legal processes by integrating AI tools directly into lawyers’ workflows through platforms like Microsoft Word and iManage.
Founders: Max Junestrand (CEO), Sigge Labor (CTO), August Erséus
Team Size: 51-200 employees
Funding Round Details 💶
On May 2025, Legora announced a €80M Series B round led by ICONIQ Capital and General Catalyst, with participation from Redpoint, Y Combinator, Hummingbird and various high-profile angel investors.
According to CEO Max Junestrand, the funds will be used to:
- Accelerate R&D efforts, particularly in litigation analytics and database integration
- Expand the engineering, product, and go-to-market teams
- Scale operations across Stockholm, London, and New York
Market & Differentiation 🌐
Legora operates in the legal AI market, conservatively projected to reach €3BN by 2030, growing at a CAGR of 17%. Unlike conventional platforms -such as Everlaw (US, $300M raised), iManage (US, acquired by Interwoven), and Filevine (US, $226M raised), which lack native AI capabilities- Legora delivers an enterprise-grade solution purpose-built for high-volume legal work. It also competes directly with next-generation AI-first platforms like Robin AI (UK, $68M, focus: contract drafting for corporates), Luminance (UK, $140M, focus: AI contract review), Doctrine (FR, acquired by Summit Partners, focus: legal search for civil law systems), Noxtua (DE, $100M, focus: Germany-specific) (big shots in the US, include Harvey, which raised $0.5BN). While the differences are subtle, Legora differentiates itself by claiming to be a more than a point solution, but rather an “all-in-one AI workspace, offering a broader more collaborative platform with unique review tools and deep user engagement.”
Investor Insight 🎙️
Seth Pierrepont, Partner at ICONIQ Capital, commented:
“From our first conversation with Max and Sigge, it was immediately evident to us that they are building with rare clarity and velocity, creating a platform that doesn’t just fit into legal workflows—it elevates them, and understands the nuance and pace of modern legal teams. In just two years, they’ve delivered an enterprise-grade product that’s already trusted by hundreds of law firms and in-house legal teams globally. We’re proud to partner with Legora as they scale what we believe is a category defining platform that’s reshaping how legal work gets done.”
Why This Matters ❗️
This raise comes amid growing demand for AI-driven efficiency in legal services. Firms are facing increasing regulatory complexity and cost pressures.
