Legora has raised $550 million at a $5.55 billion valuation and is accelerating expansion in the USA with new offices in Houston and Chicago and a plan to grow to more than 300 US employees.The Series D round is led by Accel and includes Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator alongside new investors such as Alkeon Capital and Bain Capital.Max Junestrand says fast US adoption by law firms and in-house teams drives the raise and the funding comes as European artificial intelligence startups attract record investment including large rounds for
Nscale, Advanced Machine Intelligence Labs and
Wayve.