Funding round
Legora Series A
Legora, which works in collaborative AI platform development in Stockholm, raised $25M in a Series A round announced on 17 Jul 2024, led by Redpoint Ventures. 5 firms took part, 3 of them already investors. It is Legora's first venture round on record.
$25M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Legora did not disclose a valuation in this round. It is Legora's first venture round on record, 1 year after it was founded in 2023. It is 1.8% of the $1.41B Legora has raised in the venture rounds on record. Legora raised again 10 months later: a Series B round of $80M in May 2025, at $675M post-money.
Legora's funding rounds
Legora has 6 venture rounds on record. This one is highlighted.
- Series A this round 17 Jul 2024, led by Redpoint Ventures $25M
- Series B 21 May 2025, led by ICONIQ and General Catalyst $80M$675M post-money
- Series C 30 Oct 2025, led by Bessemer Venture Partners $150M$1.80B post-money
- Series D 10 Mar 2026, led by Accel $550M$5.55B post-money
- Bridge 30 Apr 2026, led by nVentures $50M$5.60B post-money
- Series E 21 Oct 2026, led by Atreides Management $550M$8.80B post-money
Investors
Who put money in
Redpoint Ventures led the round with 4 other firms. Benchmark, Y Combinator and Wayfinder Ventures had backed Legora before.
Lead investor
- Redpoint Ventures backs 194 venture-backed companies new investor
Also in the round
- Benchmark existing investor
- Y Combinator backs 1,295 venture-backed companies existing investor
- backs 18 venture-backed companies existing investor
- Alt Capital new investor
Joined the board: Jacob Effron (Redpoint Ventures) and Logan Bartlett (Redpoint Ventures).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,443 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.1 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 16 Jul 2024 | $25M | not disclosed | FPV Ventures and Race Capital |
| Tech Companies | 16 Jul 2024 | $22M | not disclosed | Lightspeed Venture Partners |
| Tech Companies | 23 Jul 2024 | $22M | not disclosed | Goodwater Capital |
| Tech Companies | 15 Jul 2024 | $21M | not disclosed | Titanium Ventures |
| Tech Companies | 30 Jul 2024 | $20M | not disclosed | Shorooq Partners |
| Tech Companies | 24 Jul 2024 | $20M | not disclosed | Atomico |
| Tech Companies | 30 Jul 2024 | $20M | not disclosed | Prosperity7 Ventures and Neotribe |
| Tech Companies | 18 Jul 2024 | $20M | not disclosed | Drive Capital |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Legora raise in its Series A round?
Legora raised $25M in its Series A round, announced in Jul 2024.
Who led Legora's Series A round?
Redpoint Ventures led it, with Benchmark, Y Combinator, Wayfinder Ventures and Alt Capital.
What was Legora's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,443 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.1 times the median.
Did Legora raise again after this round?
Yes: a Series B round in May 2025 of $80M at $675M post-money.