Legora Secures $50M, Valued at $5.6B with Nvidia Ventures On Board
NVDA•Legora raised an additional $50 million in its Series D extension, bringing total equity to $600 million at a $5.6 billion post-money valuation, with Nvidia’s NVentures among the new investors. The AI legal tech startup recently surpassed $100 million in ARR and expanded its workforce from 40 to 400 employees.
1. Series D Extension and Investors
Legora completed a Series D extension by securing $50 million in new equity, increasing total funds raised to $600 million. Key participants in this round include Atlassian, NVentures (Nvidia’s venture capital division), Airtree, Geodesic, Barclays, Liberty Global, Insight, and Nikesh Arora.
2. Post-Money Valuation and Financial Milestone
The Series D extension set Legora’s post-money valuation at $5.6 billion and coincided with the company surpassing $100 million in annual recurring revenue. This financial milestone underscores growing demand for AI-driven legal automation solutions.
3. Rapid Growth and Market Expansion
Over the past year, Legora scaled its workforce from 40 to 400 employees and expanded its client base from 200 to over 1,000 organizations across more than 50 markets. The platform now serves tens of thousands of legal professionals in leading corporate legal departments and global law firms.
