While French Legaltechs like Doctrine,, Hyperx Or Legal Pilot have structured the market around intelligent legal research or contractual automation, a new generation of actors emerges internationally with an extended promise, that of making artificial intelligence a Co -pilot integrated into the daily tasks of lawyers. It is in this wake that registers Legorastartup founded in Stockholm in 2023, which announced a fundraising 70.6 million euros in series B.
Positioned on the segment of theCollaborative AILegora intends to redraw the contours of the lawyer. Unlike solutions centered on access to sources or documentary automation, the platform is intended to business infrastructurethought to accompany lawyers in real time in their arbitrations, rereading, analyzes or writing. “” AI represents a historic opportunity to amplify the know-how of law professionals. But the challenge is not to replace: it is to amplify, in a controlled framework “, summary Max JunestrandCEO and co -founder.
A co -pilot for lawyers, thought with them
Designed in close collaboration with end users, Legora deploys a specialized AI capable of assisting legal teams on critical tasks, while remaining interpretable, customizable and contextual. The promise is pass certain tasks from several days to a few hours, without loss of rigor. Among its customers are already renowned international firms such as Bird & Bird,, Cleary Gottlieb Or Goodwin.
For Mary O’CarrollCOO of Goodwin, Legora is part of a logic of strategic modernization: “ We have observed significant efficiency gains since March. The tool naturally integrates into our practice, while improving the response capacity to customers. »»
A lifting to strengthen the product advance
This fundraising was not actively sought. The company, which already displayed sustained growth, saw the interest of investors intensifysupported by the results produced and rapid adoption in several markets. The tour was led by General Catalyst And Iconiqwith the renewed participation of Redpoint Ventures,, Benchmark And Y combinator.
Ambition: structure an operational AI, not experimental
Faced with solutions often perceived as experimental or generic, Legora is focusing on an AI Trades orientedcapable of understanding legal reasoning, interacting in understandable language, and adapting to sectoral or regulatory specificities. It is this Combination of rapid adoption and functional depth which today appeals to investors and customers.
Founded in 2023 has Stockholm by Max Junestrand (CEO) and Sigge Labor (CTO), Legora Develops a collaborative artificial intelligence platform for law professionals. Active in more than 20 countrieswith offices at Stockholm,, new York And Londonthe company counts today 100 employees.
With this fundraising of 70.6 million euros in series BLegora has now gathered 105 million euros Since its creation. The tour is led by General Catalyst And Iconiqwith the participation of Redpoint Ventures,, Benchmark And Y combinator. Post-money valuation reached 596 million euros.
