Legal tech start-up Legora is betting that AI giants will leave lucrative niches unconquered, as it launches an AI-powered legal assistant. The company aims to disrupt the legal sector by offering spe…
AI legal tech firm Legora is in early talks to raise new funding at a $10bn valuation, nearly double the $5.6bn it raised in April, according to the Financial Times. The Stockholm-based startup, which…
Swedish AI legal-tech company Legora, whose clients include Deloitte and Heineken, is in early talks with investors for a funding round that could value it at at least $10 billion (96 billion Swedish …
Legal AI start-up Legora is seeking new funding at a valuation exceeding $10 billion, just four months after being valued at $5.6 billion, according to the Financial Times. The Swedish company's rapid…
Legora CEO Max Junestrand said the shift away from per-seat software pricing was 'a matter of time' as AI usage drives up computing costs. In June, Legora released Legora Agent, and later that month i…
AI companies Harvey, Sierra, and Legora each crossed $100 million in annual recurring revenue within nine months of each other, with valuations ranging from 25x to 125x current ARR, according to an an…
Vodafone has partnered with AI startup Aavalynx to co-develop an AI-driven litigation platform that manages legal disputes and forecasts financial costs, challenging market leaders Harvey and Legora. …
Law firm associates are leaving billable-hour jobs to join legal AI startups as legal engineers, automating tasks like contract review that once took 50 to 100 hours down to 15 minutes, according to M…
London proptech Dwelly has closed a $170M Series B to acquire small UK letting agencies and run them on its AI operating system, with EQT Growth and General Catalyst leading the round split between $9…
Legal-tech giant Legora has acquired litigation startup Wexler to help trial lawyers reconstruct cases from thousands of documents, cutting manual review time by 75%. The deal, terms undisclosed, is L…
Microsoft could sell its ~27% stake in OpenAI for over $200B and redeploy the cash into AI app-layer startups, according to an analysis by Margin Points. The move would allow Microsoft to capitalize o…
Menlo Ventures partner Matt Murphy says AI startups must focus on building platforms, not just models, citing Anthropic's leap to a $47 billion revenue run rate by May from $9 billion in 2025 as unpre…
Microsoft could sell its ~27% stake in OpenAI for over $200 billion and redeploy the cash into AI app-layer acquisitions, according to a Margin Points analysis. The move would reset OpenAI's valuation…
Max Junestrand, CEO of legal AI company Legora, said elite law firm partners are undercharged under the billable hour model, citing Kirkland & Ellis where average profit per equity partner stands at £…
The University of Chicago Law School is requiring first-year students to keep laptops closed in class this fall to combat AI-enabled cheating and ensure independent thinking, as colleges nationwide gr…
Harvey, the legal AI company, released a LinkedIn interview featuring its brand ambassador Gabriel Macht (who plays Harvey Specter on Suits) with A&O Shearman partner David Wakeling to discuss AI use …
Legora, a three-year-old AI startup focused on the legal sector, raised $550 million in Series D funding at a $5.6 billion valuation, backed by Nvidia's NVentures and law firm Bird & Bird. The company…
SB1 Markets initiated coverage of Karnov with a sell recommendation, warning that the market underestimates AI-related risks. The bank sees new AI-driven legaltech players as direct competitors, not j…
OpenAI will open an office in Stockholm in the second half of 2026, its first in the Nordic region. The company cited Sweden's advanced tech ecosystem and engineering talent, as well as its status as …
Swedish startup Lightbringer raised $10m in Series A funding to expand its AI-native patent firm into the US, aiming to replace traditional patent attorneys with a fixed-price subscription model that …