Legora hits $8.8B without a frontier model

🔥 What happened Legora raised $550M at an $8.8B valuation, just seven months after its last round. The Stockholm startup crossed $100M ARR in April, less than 18 months post-launch, and now serves over 1,800 customers. 💡 Why it matters Instead of building a frontier model, Legora runs on Azure, post-trains open-weight models for niche tasks, and evaluates agents without ever seeing customer data: six people build RL environments, including a 10,000-file data room for due diligence. CTO Jacob Lauritzen estimates models already handle about 60% of legal work well — the rest is a cost and latency problem. ⚡ Our take Anyone betting the legal AI market goes to the best model is missing the point. Legora wins on primitives, process, and a bench of legal engineers — the software is replaceable, the workflows aren't.