Legora announces $50mn extension of Series D round

Legal AI company Legora has announced a USD 50m extension of its Series D round of financing, which brings the total round to USD 600mn in equity and values the company at USD 5.6bn post money.
This extension adds Atlassian and NVentures as corporate investors alongside new financial investors Airtree, Barclays, Geodesic, Insight, Liberty Global and Nikesh Arora.

As AI agents move from passive assistants to systems that act on behalf of users, the software model is shifing from SaaS and towards Agent as a Service. For legal team, this means moving from isolated use cases and towards integrated systems that combine firm data, jurisdictional knowledge and intelligent agents. And over the year, the company has secured clients from legal professionals at corporate legal departments, such as Barclays, as well as from global law firms such as White & Case, HSFK and Linklaters.