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Funding round

Legora Series D

Legora, which works in collaborative AI platform development in Stockholm, raised $550M in a Series D round announced on 10 Mar 2026, led by Accel, at a $5.55B post-money valuation. 14 firms took part, 7 of them already investors. It is Legora's fourth venture round on record; the one before was a Series C in Oct 2025.

$550M

Amount raised

$5.55B

Post-money valuation

$5.00B pre-money

14

Investors

1 lead

3.1x

Step-up from the Series C

$1.80B in Oct 2025

9.9%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Legora at $5.55B after the new money, 3.1 times the $1.80B of its Series C (Oct 2025). The $550M bought investors about 9.9% of the company. It came 5 months after Legora's Series C. It is 39% of the $1.41B Legora has raised in the venture rounds on record. Legora raised again 1 month later: a Bridge round of $50M in Apr 2026, at $5.60B post-money.

Legora's funding rounds

Legora has 6 venture rounds on record. This one is highlighted.

  1. Series A 17 Jul 2024, led by Redpoint Ventures $25M
  2. Series B 21 May 2025, led by ICONIQ and General Catalyst $80M$675M post-money
  3. Series C 30 Oct 2025, led by Bessemer Venture Partners $150M$1.80B post-money
  4. Series D this round 10 Mar 2026, led by Accel $550M$5.55B post-money
  5. Bridge 30 Apr 2026, led by nVentures $50M$5.60B post-money
  6. Series E 21 Oct 2026, led by Atreides Management $550M$8.80B post-money

Investors

Who put money in

Accel led the round with 13 other firms. Accel, Benchmark, Bessemer Venture Partners and General Catalyst and 3 more had backed Legora before.

Lead investor

  • Accel backs 581 venture-backed companies existing investor

Also in the round

  • Benchmark existing investor
  • Bessemer Venture Partners backs 412 venture-backed companies existing investor
  • General Catalyst backs 574 venture-backed companies existing investor
  • ICONIQ existing investor
  • Redpoint Ventures backs 194 venture-backed companies existing investor
  • Y Combinator backs 1,295 venture-backed companies existing investor
  • Alkeon backs 51 venture-backed companies new investor
  • backs 70 venture-backed companies new investor
  • FirstMark backs 128 venture-backed companies new investor
  • Menlo Ventures backs 215 venture-backed companies new investor
  • Sands Capital backs 71 venture-backed companies new investor
  • backs 12 venture-backed companies new investor
  • Salesforce Ventures backs 314 venture-backed companies new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.

  • Hiring
  • Product development
  • Geographic expansion
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

88 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 5.5 times the median. The closest in time, other companies' Series D rounds in Tech Companies:

Series D rounds in Tech Companies, Mar 2025 to Oct 2026: 88 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies4 Mar 2026$103Mnot disclosedNational Wealth Fund and NVentures
Tech Companies25 Mar 2026$100Mnot disclosedEDBI and Asia Partners
Tech Companies25 Mar 2026$100Mnot disclosedEDBI and Asia Partners
Tech Companies1 Mar 2026$51Mnot disclosedIAG Capital Partners
Tech Companies31 Mar 2026$40Mnot disclosedMorgan Stanley
Tech Companies18 Mar 2026$12Mnot disclosedSamsung Venture Investment
ElevenLabs Tech Companies4 Feb 2026$500M$11.00BSequoia Capital
Temporal Tech Companies17 Feb 2026$300M$5.00BAndreessen Horowitz

Sources

Where this comes from

Reported by 6 sources.

Questions

Frequently asked

How much did Legora raise in its Series D round?

Legora raised $550M in its Series D round, announced in Mar 2026.

Who led Legora's Series D round?

Accel led it, with Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ and Redpoint Ventures and 8 more.

What was Legora's valuation at the Series D round?

$5.55B post-money ($5.00B pre-money).

How does it compare with other Series D rounds in Tech Companies?

88 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 5.5 times the median.

Did Legora raise again after this round?

Yes: a Bridge round in Apr 2026 of $50M at $5.60B post-money.