Legora, the Swedish legal-AI company that has become one of Europe’s fastest-rising startups, is reportedly seeking to raise fresh funds at a valuation of more than $10bn.
If it lands, the deal would roughly double the figure investors put on the business only months ago, a pace that says as much about the frenzy around legal AI as it does about the company itself.
The context is what makes the number startling. In March, Legora closed a $550m Series D at a $5.55bn valuation, then topped it up in April to around $600m and $5.6bn.
Reaching past $10bn now would mean the market has decided the company is worth almost twice as much in the space of a single spring-to-summer, before that earlier capital has had much time to do anything at all.
Legora crossed $100m in annual recurring revenue around April, up from roughly $50m at the end of 2025 and a mere $3m a year before that, which is the sort of curve that makes venture capitalists lose their composure.
