Legora raised $80 million in a Series B funding round led by General Catalyst and Iconiq Growth to enhance its legal tech software offerings.
May 21, 2025•7 months ago
Amount Raised
$80 Million
Round Type
series b
StockholmSoftwareInvestors
Y CombinatorBenchmarkRedpoint VenturesIconiq GrowthGeneral Catalyst
Description
Legora, a legal tech startup, secured $80 million in a Series B funding round led by General Catalyst and Iconiq Growth. The investment will help the company improve its software designed to assist lawyers in speeding up legal research and drafting. Existing investors, including Redpoint Ventures, Benchmark, and Y Combinator, also increased their stakes. Following this funding, Legora's valuation stands at $675 million.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech