Breaking
Legora raises $600M Series D at $5.6B valuation Nvidia and Atlassian join as corporate investors 1,000+ law firms and in-house teams across 50+ markets Crossed $100M in annual recurring revenue Formerly Leya - rebranded to Legora in 2025 Named to CNBC Disruptor 50, 2026 Legora raises $600M Series D at $5.6B valuation Nvidia and Atlassian join as corporate investors 1,000+ law firms and in-house teams across 50+ markets Crossed $100M in annual recurring revenue Formerly Leya - rebranded to Legora in 2025 Named to CNBC Disruptor 50, 2026
Company Dossier · Legal AI · Stockholm

Legora.

The collaborative AI platform that lives inside the lawyer's workflow - research, review and drafting, without leaving Microsoft Word.

CAPTION: The green four-point mark of Legora, the Stockholm-founded legal AI company that went from a single law firm to more than a thousand in under two years.

$5.6B
Valuation
$100M+
ARR
1,000+
Clients
50+
Markets
2023
Founded
The Story

A legal tool for people who never trained as lawyers

Legora builds software that sits next to a lawyer and makes the slow parts of the job faster. It reads large sets of documents, drafts from a firm's own precedents, runs cited legal research across jurisdictions, and does most of it inside the tools lawyers already open every morning - Microsoft Word and Outlook.

The company was founded in Stockholm in 2023 as Leya, then rebranded to Legora in 2025. Its co-founder and chief executive, Max Junestrand, was 23 and had no legal background. A former esports player and business-school graduate, he teamed with two technical co-founders when access to GPT-3.5 turned a previously hard problem into a tractable one.

What followed was steep. The team grew from 40 to 400 people in under a year. Its client base widened from roughly 200 organisations to more than 1,000 across upwards of 50 markets. In 2026 it crossed $100 million in annual recurring revenue and raised a $600 million Series D that valued it at $5.6 billion.

The bet underneath all of it is simple: lawyers keep the judgment, strategy and creativity; the software takes the volume, the speed and the first pass. That division of labour is Legora's whole pitch, and so far the market has agreed with it.

300%
Net revenue retention (2025)
40 → 400
Employees in under a year
$600M
Series D total raised
12
Research jurisdictions
Products & Services

What you can actually do with it

Legora is a suite, not a chatbot. Each piece targets a specific chore in the legal day.

2024

Tabular Review

Reads hundreds of documents at once and returns a grid - one row per document, one column per question, every cell linked back to its source.

2024

Word Add-In

Drafts from precedents, redlines, comments in real time, and applies firm playbooks and templates without leaving the document.

2025

Legal Research

Agentic research with cited synthesis across multiple jurisdictions and languages, with GDPR built into the foundation.

2025

Workflows

Chains multi-step legal tasks into repeatable, configurable processes teams can run again and again.

2025

Portal

A shared surface for firm-to-client delivery and collaboration on live matters.

2026

Legora aOS & Agent

An agentic operating system whose Agent plans, executes, reviews and delivers work end to end, with Monitors scanning global regulation for change.

Lawyers bring judgment, strategy, and creativity. AI brings speed, scale, and precision. Together, they unlock new possibilities.
— Max Junestrand, Co-founder & CEO
Who Uses It · The Problem

The data-room all-nighter, retired

Legal work has a volume problem. A single deal can bury a team under hundreds of contracts to review, cross-check and summarise - most of it billed by the hour and dreaded by the associate doing it. Legora's answer is to make the volume legible: process the whole pile at once, show the answers in a structured, auditable view, and keep a lawyer in the loop for the judgment calls.

Its customers are law firms and corporate in-house legal teams - tens of thousands of professionals across more than 50 markets. The named roster leans heavily on top European and international firms.

Cleary GottliebGoodwinLinklaters White & CaseBird & BirdDentons Mannheimer SwartlingSchoenherrTrowers & Hamlins Deloitte
The Edge

How Legora is different

Inside the tools

Rather than a new destination app, Legora embeds where lawyers already work - Word and Outlook - lowering the barrier to daily use.

European & multilingual

Research across 12 jurisdictions with GDPR at the foundation - a strength in markets where US-first tools are thinner.

Volume, structured

Tabular Review is built for high-volume document work, turning bulk analysis into a source-linked grid you can audit.

Priced to land

Roughly $3,000 per user per year with a ~10-seat minimum - a lower entry point than some rivals' seat pricing.

Expansion-led

300% net revenue retention says existing clients keep buying more, not just renewing.

Agentic roadmap

The move to Legora aOS points at software that plans and executes matters, not just answers prompts.

Its highest-profile rival is Harvey AI, valued around $11 billion and strongest in the US market. Other alternatives include Thomson Reuters CoCounsel, Robin AI and Spellbook.

Business Model & Market

Sold by the seat, grown by the account

Legora is B2B SaaS. It charges roughly $3,000 per user per year on a subscription with a minimum seat count, and grows accounts by adding seats and modules across practice areas - M&A, litigation, banking, tax and insurance. That expansion motion, not new-logo churn, is what a 300% retention figure describes.

Where does it fit in the market? Legal AI split into two lanes: general-purpose LLM tools firms use ad hoc, and purpose-built platforms firms buy on contract. Legora is firmly in the second lane and is increasingly treated as infrastructure - the presence of Nvidia and Atlassian as corporate investors is a tell. It is the leading European-rooted contender in a race the US firm Harvey has otherwise dominated in headlines.

Funding

From seed to $5.6 billion

RoundAmountDateSelected investors
Series B$80MMay 2025ICONIQ, General Catalyst
Raise (~$1.8B val.)$150MOct 2025Existing & new investors
Series D$550MMar 2026Accel, Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint, Y Combinator, Bain, Menlo, Salesforce Ventures
Series D extension$50MApr 2026NVentures (Nvidia), Atlassian, Airtree, Barclays, Geodesic, Insight, Liberty Global, Nikesh Arora

The March 2026 Series D was led by Accel and tripled the company's valuation to $5.55 billion; the April extension brought the round to $600 million and $5.6 billion post-money.

Timeline

Three years, one steep line

2023

Founded in Stockholm

Max Junestrand, Sigge Labor and August Erseus start the company as Leya, once GPT-3.5 makes legal AI newly tractable.

2024

First products, early traction

Ships Tabular Review and the Microsoft Word add-in, growing from a single Stockholm firm to clients across markets.

2025

Rebrand and rapid scaling

Rebrands from Leya to Legora, launches agentic research, raises an $80M Series B and posts 300% net revenue retention.

2026

$5.6B valuation and US push

Closes a $550M Series D plus a $50M extension with Nvidia and Atlassian, crosses $100M ARR and joins the CNBC Disruptor 50.

Milestones

On the record

Watch & Listen

Interviews & demos

Founder talks and product walkthroughs from Legora's channels and podcast appearances.

FAQ

Questions people ask

What does Legora do?

Legora is a collaborative AI platform for legal work that helps lawyers research, review and draft documents, working inside tools like Microsoft Word and Outlook.

Was Legora previously called something else?

Yes. Legora was originally named Leya and rebranded to Legora in 2025.

Who founded Legora and when?

It was founded in 2023 in Stockholm by CEO Max Junestrand, CTO Sigge Labor and co-founder August Erseus.

How much has Legora raised and what is it worth?

Legora raised a $550M Series D in March 2026 plus a $50M extension, bringing the round to $600M at a $5.6B post-money valuation.

Who are Legora's main competitors?

Its most prominent rival is Harvey AI; others include Thomson Reuters CoCounsel, Robin AI and Spellbook.

Elsewhere

Find Legora

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