Legora revenue and valuation
Specter estimates Legora's annual revenue at $151M to $230M and its valuation at $7.32B to $10.6B. The company last reported $200M ARR in September 2026 and was priced at $8.8B in October 2026.
- Estimated revenue
- $151M–$230M
- Estimated valuation
- $7.32B–$10.6B
- Reported ARR
- $200M
- Total funding
- $1.42B
- Founded
- 2023
- Headquarters
- Stockholm, Sweden
- Employees
- 980
Legora revenue
Legora grew from $23M ARR in November 2025 to $200M in September 2026. Specter's model puts current ARR between $151M and $230M, anchored to four reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported ARR |
|---|---|---|---|---|
| $185M | $151M | $230M | ||
| $173M | $144M | $210M | $200M | |
| $154M | $123M | $193M | ||
| $137M | $113M | $168M | ||
| $122M | $102M | $147M | $150M | |
| $111M | $90M | $136M | ||
| $100M | $83M | $120M | $100M | |
| $75M | $53M | $105M | ||
| $56M | $42M | $73M | ||
| $41M | $32M | $54M | ||
| $31M | $25M | $38M | ||
| $23M | $19M | $28M | $23M | |
| $23M | $19M | $28M | ||
| $23M | $18M | $29M | ||
| $20M | $8.8M | $30M | ||
| $17M | $7.4M | $27M | ||
| $16M | $6.6M | $26M | ||
| $9.5M | $3.4M | $16M | ||
| $6.1M | $1.9M | $10M | ||
| $6.7M | $2.2M | $11M | ||
| $7.1M | $2.3M | $12M | ||
| $7.4M | $2.2M | $13M | ||
| $6.8M | $2.3M | $11M | ||
| $6.6M | $2.5M | $11M | ||
| $6M | $2.1M | $9.9M | ||
| $5M | $1.9M | $8.1M |
Legora valuation
Legora's valuation rose from $675M at its Series B in May 2025 to $8.8B at its Series E in October 2026. Specter's live estimate sits between $7.32B and $10.6B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $8.8B | $7.32B | $10.6B | $8.8B (round) | |
| $6.97B | $5.65B | $8.61B | ||
| $5.52B | $4.6B | $6.64B | $5.53B (press) | |
| $5.6B | $4.66B | $6.73B | $5.6B (press) | |
| $5.6B | $4.66B | $6.73B | $5.6B (press) | |
| $5.57B | $4.64B | $6.7B | $5.58B (press) | |
| $5.6B | $4.66B | $6.73B | $5.6B (round) | |
| $5.55B | $4.62B | $6.67B | $5.55B (round) | |
| $4.19B | $3.44B | $5.11B | ||
| $3.16B | $2.59B | $3.85B | ||
| $2.39B | $1.97B | $2.89B | ||
| $1.8B | $1.5B | $2.16B | $1.8B (press) | |
| $1.8B | $1.5B | $2.16B | $1.8B (round) | |
| $1.25B | $990M | $1.58B | ||
| $870M | $700M | $1.07B | ||
| $600M | $500M | $720M | $600M (press) | |
| $640M | $520M | $780M | ||
| $680M | $560M | $810M | $675M (round) | |
| $670M | $480M | $930M | ||
| $660M | $480M | $910M | ||
| $660M | $510M | $840M | ||
| $650M | $510M | $830M | ||
| $650M | $480M | $880M | ||
| $640M | $480M | $850M | ||
| $640M | $490M | $820M | ||
| $630M | $490M | $800M |
Legora funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series E | $550M | $8.8B | Atreides Management | |
| Series D | $50M | $5.6B | Undisclosed | |
| Series D | $550M | $5.55B | Accel | |
| Series C | $150M | $1.8B | Bessemer Venture Partners | |
| Series B | $80M | $675M | ICONIQ Capital, General Catalyst | |
| Series A | $25M | Undisclosed | Redpoint | |
| Seed | $10.5M | Undisclosed | Benchmark | |
| Pre-Seed | $500K | Undisclosed | Y Combinator |
Legora competitors
Legal AI platforms are shifting from simple research assistants to full autonomous workflow environments.
| Company | Revenue | Valuation |
|---|---|---|
| $151M–$230M | $7.32B–$10.6B | |
| $340M–$530M | $12.9B–$18.6B | |
| $3.8M–$31M | $320M–$1.02B | |
| $7.4M–$21M | $600M–$930M | |
| $6M–$11M | $12M–$56M |
Legora revenue and valuation FAQ
What is Legora's revenue?
Specter estimates Legora's annual recurring revenue at $151M to $230M as of October 2026. Legora last reported $200M ARR in September 2026, up from $23M in November 2025.
What is Legora's valuation?
Legora's latest post-money valuation is $8.8B, from an October 2026 Series E. Specter's live estimate is $7.32B to $10.6B.
What is Legora's revenue multiple?
Legora is valued at about 44× ARR, based on its $8.8B October 2026 valuation and $200M last reported ARR. That works out to roughly $204K of ARR per employee.
How much funding has Legora raised?
$1.42B across eight rounds, from a $500K Pre-Seed in April 2024 to a $550M Series E in October 2026.
Who invested in Legora?
37 investors, including Accel, Atreides Management, Bessemer Venture Partners, General Catalyst, ICONIQ Capital and Redpoint.
Who are Legora's competitors?
Harvey, Eudia, Noxtua and Libra. Specter ranks 29 competitors for Legora.