Legora’s valuation leaps to $8.8BN as raises $550M

Swedish legal AI outfit Legora today said it has raised $550 million at an $8.8bn valuation, just six months after completing its last funding round. The Series E funding round was led by Boston-based investment firm Atreides Management, a new invetstor, and brings on board a slew of other new investors. It propels Legora’s valuation to $8.8bn from $5.6bn six months ago when it completed its $600m Series D funding round.