From the moment LLMs began to show real promise, one thing was clear to us: legal could be one of AI’s most profoundly impacted sectors. The law is built on language, logic, and precedent—structured complexity at scale that serves as an ideal proving ground for the power of generative AI.
Over the past few years, ICONIQ has engaged closely with leading law firms, witnessing the evolution of AI adoption—from cautious observation to active integration. The excitement and shift are clear: legal teams that have been experimenting with different tools and point solutions trying to make sense of where AI fits are now making decisions about implementing a unified AI platform firm-wide that is uniquely tailored to their core workflows.
Today, we’re excited to announce our partnership with Legora by leading their Series B alongside General Catalyst to support the team’s mission of revolutionizing legal work with AI.
Legora isn’t just another tool–it’s a purpose-built AI platform for law firms and in-house counsel alike. Its secure, intuitive and collaborative environment enables lawyers to draft smarter, review faster, research deeper, and collaborate seamlessly. Legora allows customers to unlock the power of LLMs via a suite of purpose-built products including Tabular Review for comprehensive data extraction and comparison, a legal-specific research agent with clear source citations, a Microsoft Word plug-in for seamless drafting in a familiar environment, and more. Importantly, Legora is also able to integrate seamlessly with document management systems and other critical tools in the legal technology stack like legal translation models, meeting users where they are and allowing them to enhance existing processes with AI capabilities.
Since its founding in Stockholm in 2023, Legora has scaled incredibly quickly. Today, over 200 leading law firms and legal departments across the US and Europe—including Bird & Bird, Pérez-Llorca, Goodwin, and Cleary—use Legora to accelerate their work. And the feedback we’ve heard on the platform has been striking not only in terms of its ease of use, speed, accuracy, and strength of integrations, but also in terms of how widely it’s being adopted. In our years of collaborating with portfolio companies, it’s rare to hear such consistent, unprompted praise from customers, investors, and advisors alike.
When we met co-founders Max and Sigge, the boldness of their vision and the intensity at which they work to pursue it was immediately evident and compelling. The morning after our first meeting, we were on a plane to Stockholm. What we saw over those next few days–their speed, clarity, ambition, and obsession with customer experience–reinforced our decision to partner with Legora.
In just two years, Legora has moved from a bold idea to a trusted platform with global traction. We believe their next chapter is even more exciting: advanced agentic capabilities, multiplayer collaboration, and infrastructure-grade reliability for legal AI at scale.
We believe Legora will power the future of the legal industry with AI and redefine how legal work gets done, enabling lawyers to focus on what truly matters: high-impact counsel and complex problem-solving that only humans can deliver. Welcome to the ICONIQ family, Legora.
Published:
May 21, 2025
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