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Swedish LegalTech Star Legora Scores €70.6M to Transform Legal AI

Unlike generic project management or document automation software, Legora is built specifically for legal professionals. The platform integrates natural language processing (NLP), predictive analytics, and secure cloud collaboration to assist lawyers in conducting legal research, drafting documents, and managing cases with enhanced speed and accuracy.

According to Legora CEO Elin Andersson, the company’s mission is to “empower legal professionals with AI tools that actually understand their language and context. We’re not here to replace lawyers — we’re here to make their jobs more efficient, connected, and intelligent.”

Legora’s platform supports features like real-time document annotation, AI-assisted clause suggestions, and secure client collaboration portals. It has already been adopted by over 75 mid-sized and large law firms across Scandinavia, Germany, and the UK during its beta phase, with overwhelmingly positive feedback on usability and functionality.

Funding to Accelerate Growth and Expansion

With the new capital injection, Legora plans to scale its operations across continental Europe and North America, invest in AI research and development, and expand its sales and customer success teams. A portion of the funds will also go toward achieving ISO 27001 certification and strengthening cybersecurity measures, crucial for handling sensitive legal data.

“This investment validates the growing appetite for legal-specific technology solutions,” said Mikael Jensen, partner at EQT Ventures. “Legora’s focus on collaboration and intelligent automation positions it uniquely in a market that’s ripe for transformation.”

The global LegalTech market is projected to reach $35 billion by 2030, driven by increasing demand for automation, remote collaboration, and data-driven insights. Legora’s funding round stands out not just for its size, but for its strategic alignment with market needs.

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