The legal-tech company's new funding round lifts its valuation to $8.8bn.
Legora, a legal-tech company, has raised $550m in a fresh funding round, according to Sifted. The round is described as a Series E and values the company at $8.8bn.
The funding round is notable for its size and for the valuation it implies. Legal technology has become an increasingly important category for investors, and this deal suggests Legora is one of the leading companies in that space.
The report does not name the investors involved or detail how the capital will be used.
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