The Technology team advised Legora on raising $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States. The round was led by Accel, with participation from existing investors Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator, as well as new investors, including Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Sands Capital, Starwood Capital, and Salesforce Ventures. The funding round coincides with Legora’s first anniversary in the United States and follows a series of major customer wins and partnerships underscoring the US as a core growth market as legal teams increasingly embed AI into their workflows at scale.
Legora is a collaborative AI platform for legal work, supporting lawyers in research, review, and drafting across complex matters. It is used by tens of thousands of legal professionals at more than 800 leading law firms and in-house legal teams across over 50 markets.
The Goodwin team was led by Craig Schmitz, Andrew Pusar, Katie Maxwell Siatti, Micaiah Barley, Paul Jin, Jacob Osborn, Eram Khan, Vicky Ling, Samuel Honnywill, and Matthew Mancini.
For more information on the deal, please read the press release.