Legora raised a $550 million Series E led by Atreides Management at an $8.8 billion valuation. The company said annual recurring revenue has passed $200 million, double the figure it reported in April.
Revenue is the company’s figure
The $200 million ARR number comes from Legora. It is not an audited public filing.
An $8.8 billion valuation is the price of this round, not a measure of how often a law firm should trust a draft.
A firm that has been pitched legal AI and wants the round size next to the revenue claim.