By UpMarket Research | Last updated: September 2026
CEO Max JunestrandFounded 2023HQ Stockholm, Sweden
Legora is a legal AI platform for law firms and in-house teams that helps with contract review, legal research, and document drafting. Founded in 2023, it is based in Stockholm and led by CEO Max Junestrand.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$5.6B
Previous Price
$5.55B
Series D Mar 2026
How to Invest in Legora Through UpMarket
Legora shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Legora offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Apr 2026
Series D
$5.6B
Mar 2026
Series D
$5.55B
Oct 2025
Series C
$1.8B
May 2025
Series B
$675M
Jul 2024
Series A
Why Investors Are Watching Legora
Growth Signal
Legora raises $550M to push U.S. expansion
Legora raised $550 million in a Series D led by Accel, lifting its valuation to $5.55 billion as it targets U.S. growth. The round included Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator.
Competitive Moat
Atlassian and Nvidia unit back Legora’s legal AI stack
Legora’s $50 million Series D extension brought in Atlassian and NVentures, Nvidia’s venture arm, adding corporate validation to its platform. The extension lifted the total Series D to $600 million and the company’s post-money valuation to $5.6 billion.
Product Milestone
Legora Portal enters design partnership with top firms
Legora said its Portal product is in design partnership with firms including Linklaters, Cleary Gottlieb Steen & Hamilton, Mishcon de Reya and Goodwin Procter. The company planned a rollout in the first quarter of 2026 to create a secure client-lawyer workspace.
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No. As of August 2026, Legora is a private company and does not trade on any public stock exchange. Accredited investors can access Legora shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Legora does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Legora shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered more than $500M in alternative investments since 2019.
Pre-IPO investments carry significant risks. Legora shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Legora is a legal AI platform for law firms and in-house teams that supports contract review, legal research, and document drafting, raised $550M to fuel U.S. expansion, accredited investors can access Legora stock through UpMarket.