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Legora, a Swedish agentic operating system designed for legal professionals, has secured €489 million ($550 million) in a Series E funding round, valuing the company at €7.8 billion ($8.8 billion). This investment aims to support global expansion and enhance Legora’s aOS platform. The round, led by Atreides Management, draws support from notable investors such as Baron Capital, Capital Research, Fidelity Management & Research Company, and Glade Brook Capital Partners.

The majority of existing investors, including Accel, Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Insight Venture Partners, Redpoint Ventures, Salesforce Ventures, and Sands Capital, are also participating.

Legora’s CEO and co-founder, Max Junestrand, emphasizes the vast potential in the legal sector, stating that the opportunity is substantial, and the company is still in the early stages. He highlights that AI is transforming the legal profession by allowing lawyers more time for judgment and advice. The company intends to spearhead this transformation in the US and globally, partnering with investors who recognize their long-term vision.

Legora’s Series E funding builds on previous substantial capital injections, starting with a €70.6 million Series B round in May 2025, followed by a €42 million extension to its Series D in April 2026, raising the total to €513 million at a €4.7 billion valuation. Recent acquisitions, like London-based Wexler, further bolster Legora’s position in the market.

This latest funding coincides with other European legal AI investments, totaling approximately €726.7 million across 2026, underscoring the significant interest in this sector.

The company’s rapid growth is evident, with Legora expanding from $1 million to $100 million in Annual Recurring Revenue (ARR) in less than 18 months, and the next $100 million came in under six months, reaching over €178 million ($200 million) in ARR. Notably, in-house legal teams now constitute more than 40% of Legora’s new customers, and the US market, particularly among the AmLaw 50, is a significant growth area, with Legora opening its first office in the country in spring 2025.

The capital raised will reinforce Legora’s expansion in North America and deepen its focus on enhancing the Legora aOS, introducing new features like agentic intake, horizon scanning, and legal research. CFO David Eckstein underscores the importance of maintaining healthy gross margins, high retention, and a scaling cost structure to ensure the sustainability of the business’s growth.