Several figures remain unsettled. Outlets disagree on the prior valuation, reporting $5.6 billion in some cases and $5.55 billion in others, and on Harvey's valuation, which appears as both $15.5 billion and $15.6 billion. Harvey raised $550 million one month before this announcement. Legora's headcount is reported at more than 1,000 across 18 offices, though the exact figure is not confirmed by a company filing.
For attorneys, the signal is the growth and the rivalry. Legora went from $1 million to $100 million in ARR in under 18 months, and the valuation rests on that trajectory. The company has offices in New York, Denver, Chicago, Houston, San Francisco, Toronto and Mexico City, the U.S. is its largest market by revenue, and more than half of the AmLaw 50 are customers. Its push into corporate legal departments means in-house counsel evaluating AI vendors should expect Legora to compete for those budgets directly. With more than $1.4 billion raised since 2023, Legora and Harvey are now the two best-funded players in legal AI, and pricing and product moves from either will shape purchasing decisions across firms and legal departments.