Sources: legal AI startup Legora is in early talks to raise funds at a $10B+ valuation, up from $5.6B four months ago; its ARR rose 50% QoQ to $150M in Q2 (Financial Times)
Legora is reportedly pursuing a $10B-plus valuation after rapid ARR growth, signaling strong investor demand for legal AI platforms.
Excerpt
<a href="https://www.ft.com/content/8202960d-ec90-4709-96e0-ab9cbddb5258"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260813/i1.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260813/p1#a260813p1" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/8202960d-ec90-4709-96e0-ab9cbddb5258">Sources: legal AI startup Legora is in early talks to raise funds at a $10B+ valuation, up from $5.6B four months ago; its ARR rose 50% QoQ to $150M in Q2</a></b></span> — Swedish company was valued at $5.6bn only four months ago as interest in artificial intelligence tools for professional services soars</p>
Read at source: https://www.techmeme.com/260813/p1#a260813p1