Legora, a Stockholm-based legal AI startup, said on April 30 that it has extended its previously announced Series D financing by $50 million, bringing the total round to $600 million and valuing the company at $5.6 billion post-money.
The extension added Atlassian and NVentures, Nvidia’s venture capital arm, as corporate investors, alongside new financial backers including Airtree, Barclays, Geodesic, Insight, Liberty Global and Nikesh Arora. Founder and CEO Max Junestrand said the funding comes as enterprise AI shifts toward more autonomous systems that can complete legal workflows with human oversight.
The new capital follows a stretch of rapid growth for Legora. The company said it has surpassed $100 million in annual recurring revenue, expanded from 40 to 400 employees over the past year, and grown its customer base from 200 to more than 1,000 organizations across more than 50 markets.
The round is the latest sign that investor appetite for AI software remains strong, particularly in specialized enterprise categories such as legal technology.
The extension added Atlassian and NVentures, Nvidia’s venture capital arm, as corporate investors, alongside new financial backers including Airtree, Barclays, Geodesic, Insight, Liberty Global and Nikesh Arora. Founder and CEO Max Junestrand said the funding comes as enterprise AI shifts toward more autonomous systems that can complete legal workflows with human oversight.
The new capital follows a stretch of rapid growth for Legora. The company said it has surpassed $100 million in annual recurring revenue, expanded from 40 to 400 employees over the past year, and grown its customer base from 200 to more than 1,000 organizations across more than 50 markets.
The round is the latest sign that investor appetite for AI software remains strong, particularly in specialized enterprise categories such as legal technology.