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Funding Alert|Legora Raises $550M Series E, Legal AI Valuation Hits $8.8B

Legora raised $550M Series E led by Atreides Management, taking its valuation from $5.6B to $8.8B in just seven months. The signal: legal AI competition is no longer about whose model reads contracts faster — it's about whose agents can take over an entire case workflow. Two legal AI startups each raised $550M within six months, and capital is treating legal services as the next vertical due for an agent rebuild.