Tag: law firms

Legora, the Stockholm‑born AI platform for legal work (formerly Leya), announced a $550 million Series D round led by Accel that lifts its valuation to $5.55 billion. The round brings a mix of new and existing investors, including Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Sands Capital, Starwood Capital, Salesforce Ventures, Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator. Proceeds will fund rapid U.S. expansion, new offices and scaling of its document‑review, research and contract‑drafting tools, which already serve 800 customers across more than 50 markets. Leggi di più

Harvey, a legal artificial‑intelligence startup founded by Winston Weinberg and Gabe Pereyra, has attracted top venture investors and grown its valuation dramatically. The company now serves hundreds of clients across dozens of countries, offering AI‑driven drafting, research and document analysis tools. Harvey focuses on a multiplayer platform that handles complex permissioning and data‑residency requirements for law firms and corporate legal teams. While its revenue mix is shifting toward corporate customers, the firm remains seat‑based with plans for outcome‑based pricing as its workflows mature. The startup sees a vast, untapped market for AI in legal work. Leggi di più