Key facts
- Legora's Series E round was led by Atreides Management.
- Investors included Baron Capital, Bessemer Venture Partners, General Catalyst, and Menlo.
- Legora's competitor Harvey recently raised $550 million at a $15.5 billion valuation.
- Harvey's ARR was reported as over $200 million in March 2026.
Legal AI startup Legora announced on Wednesday, October 21, 2026, that it has secured $550 million in a Series E funding round, bringing its valuation to $8.8 billion. The company provides workflow automation and assistance services for legal professionals, moving beyond basic AI assistants to deliver AI services that help complete tasks. This funding round follows Legora's April announcement of a $50 million extension to its Series D round, which valued the company at $5.6 billion and reported an annual recurring revenue (ARR) of $100 million. Legora's ARR has now grown to over $200 million. The latest financing was led by Atreides Management and included participation from Baron Capital, Bessemer Venture Partners, General Catalyst, and Menlo. Legora plans to use the new capital to expand its operations across North America.