Building Legora’s collaborative AI platform for legal workflow automation

The legal industry presents one of the most compelling opportunities for AI transformation, with over $1 trillion in global spend. Yet success in this category requires more than technical capability; it demands a deep understanding of legal workflows, the nuances of different practice areas, and the ability to build trust with professionals whose reputation depends on precision and judgment. Legora is tackling these complexities, having built not just another legal AI tool but a collaborative platform that elevates the practice of law. 

The company is scaling at supernova speed, a testament to the transformative power of its approach. In just under two years since inception, the team has built an enterprise-grade platform trusted by over 400 firms across more than 40 markets. Their product development pace has created a virtuous cycle: rapid innovation drives customer delight, which fuels adoption and accelerates growth. This isn't just linear progress. It's the kind of exponential acceleration that occurs when product-market fit meets revolutionary technology.

Legora delivers a unified workspace for research, drafting, and review, streamlining legal workflows and enhancing efficiency. By integrating advanced generative AI and ML with widely used legal management systems, Legora accelerates everything from case analysis to contract generation and compliance tasks, all while adapting to each firm’s unique processes. This empowers legal professionals to devote more time to strategic advisory work and client service by minimizing administrative burdens.

This is why we’re proud to lead Legora's $150M Series C, marking a defining moment in the AI transformation of legal services. This investment reflects Bessemer’s conviction that vertical AI platforms developed with deep domain expertise will reshape trillion-dollar industries.

Legora’s success stems from Max Junestrand (co-founder and CEO) and his team's collaborative approach to AI development. Rather than building in isolation, they work alongside their clients from first interaction to enterprise-wide rollout. This partnership model ensures that the platform intuitively aligns with how legal work happens in real time, cultivating the trust and adoption that drives their winning metrics. The Legora team has consistently demonstrated the capacity to cultivate strong relationships with large enterprise clients while maintaining the rapid innovation and agility typical of high-growth startups.

The company is growing fast with over 200 experts on their team — combined talent from leading law firms and technology companies. They've built a global platform with a presence across New York, London, and Stockholm. Max himself exemplifies the founder archetype that stands out to us: customer-obsessed, technically sophisticated, and capable of attracting world-class talent. The team's ability to ship complex enterprise features in weeks rather than quarters has created a compounding advantage that grows with each release.

Legora is the latest in the line of category-defining companies we’ve invested in based on our conviction in vertical AI. After speaking with dozens of law firms around the world during our due diligence process, we heard a resounding consistency in responses. When comparing Legora and other legal AI solutions, the theme was unmistakable and overwhelming; they preferred Legora’s product, collaboration tools, and innovation engine. Legora’s exceptional product velocity, world-class team, and the ability to transform an entire industry are what make us excited to welcome Legora to our portfolio. 

We're thrilled to support Max, the entire Legora team, and the broader legal community as they navigate this historic transformation. The future of legal work is being written now, and Legora is helping write the next chapter.