Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion. The company helps automate and assist with workflow tasks for legal professionals, as the industry moves beyond AI assistants to AI services that help them get work done. The news comes just a month after Harvey, Legora’s biggest competitor, announced a $550 million raise at a $15.5 billion valuation; back in March, Harvey also said its annual recurring revenue (ARR) was more th…
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