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TNW | Investors-funding

Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation

Atreides Management led the Series E, which will fund expansion in North America, Europe and Asia-Pacific.

By TNW | Investors-funding

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·Excerpt
Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation
Image: Credit: Legora

Swedish legal AI startup Legora has raised $550 million in a Series E funding round, bringing its valuation to $8.8 billion. US investment firm Atreides Management led the round, with several new and existing investors participating.

Five new investors joined the round: Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners, and J.P. Morgan. Existing backers, including Accel, Benchmark, General…

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