Legora, the collaborative AI platform for the legal sector, has announced a $550 million Series D funding round, bringing its valuation to $5.55 billion. The round was led by Accel, with participation from existing and new investors, including Alkeon Capital and Salesforce Ventures.

Expansion in the United States

The funding is intended to accelerate Legora's expansion in the United States, a market where the company has experienced strong growth in the past year. Legora will open new offices in Houston and Chicago, in addition to its existing locations in New York and Denver. The company expects to reach 300 employees in the United States by the end of 2026.

AI Adoption in the Legal Sector

Legora offers a platform that integrates AI into the workflows of law firms and in-house teams. The company works closely with clients to develop and deploy customized AI solutions. Legora's clients include White & Case, Cleary Gottlieb, and Goodwin. The company supports tens of thousands of lawyers in 50 markets.