COPENHAGEN, March 10 (Reuters) – Sweden-based legal AI startup Legora said on Tuesday it had raised $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States.
“Over the past year, the pace of adoption in the U.S. has exceeded our expectations, as leading firms and in-house teams move decisively from experimentation to embedding AI across their organisations,” Legora CEO Max Junestrand said in a statement.
(Reporting by Louise Rasmussen, editing by Kirsten Donovan)
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