Stockholm-based legaltech startup Legora, the collaborative AI platform for lawyers, has attracted Series B funding of $80 million, propelling the company to a $675 million valuation.
This latest funding round is led by Iconiq and General Catalyst, with continued support from existing investors Redpoint Ventures, Benchmark, and Y Combinator.
Legora counts global law firms including Cleary Gottlieb, Bird & Bird, Goodwin, Mannheimer Swartling and Perez-Llorca as clients.
Already prominent in the UK and wider Europe, Legora has also made significant inroads in the US with the opening of an office in April 2025.
Operating predominantly out of New York, London, and Stockholm, Legora has risen to 100 employees, drawn from some of the world’s leading global law firms and tech companies.
Seth Pierrepont, General Partner at Iconiq, said: “From our first conversation with Max and Sigge, it was immediately evident to us that they are building with rare clarity and velocity, creating a platform that doesn’t just fit into legal workflows—it elevates them, and understands the nuance and pace of modern legal teams. In just two years, they’ve delivered an enterprise-grade product that’s already trusted by hundreds of law firms and in-house legal teams globally. We’re proud to partner with Legora as they scale what we believe is a category-defining platform that’s reshaping how legal work gets done.”
Jeannette zu Fürstenberg, Managing Director and Head of Europe at General Catalyst, said: “Legora is driving AI transformations in a highly specialized industry. With an outstanding product, rapid adoption by top-tier firms, and a founder who combines rare product instinct with exceptional execution, as we see it, Legora is redefining how legal work gets done. We’re excited to support Max and the team as they scale this category-defining platform.”
Max Junestrand, CEO and founder of Legora, said: “The investment is a clear validation of the value our product is delivering to lawyers around the world. While we weren’t actively seeking funding, the strength of our growth, product, and client partnerships naturally attracted this backing, and I am ecstatic to have Iconiq and General Catalyst with us on the journey as Seth and Jeannette join our board room.
“This enables us to double down on what’s always set Legora apart — deep collaboration with our clients — and to scale innovation and accelerate product development, ensuring we leverage rapidly changing technology to meet the needs of the legal profession. We’re committed to building a product that not only solves today’s challenges but continues to adapt and deliver long-term value.”
Mary O’Carroll, Goodwin’s Chief Operating Officer, said: “Legora represents exactly the kind of strategic technology investment that keeps Goodwin at the forefront of legal excellence. We’ve been very pleased with the initial results we have seen since partnering with them in March, and we look forward to continuous improvement in how our lawyers use Legora to deliver legal services and insights to clients.”