CNBC Technology·2 min read

Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups

Legora achieves $5.55 billion valuation with new funding

Swedish AI legaltech company Legora has successfully raised $550 million in a Series D funding round, achieving a valuation of $5.55 billion. This marks the company's third fundraising effort in the past year, as investor interest in European AI startups continues to surge, with Legora aiming to bolster its U.S. presence through new offices and an expanded workforce.

Key Takeaways

  • 1.

    Legora's Series D funding round raised $550 million, marking its third raise in a year.

  • 2.

    The company plans to expand its U.S. workforce to over 300 employees by the end of 2026.

  • 3.

    In 2025, European AI startups saw a record $21.7 billion in investments.

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Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups | Trace