US vs. Europe vs. the Rest: Legal Tech Funding 2026

Companies headquartered in continental Europe raised $1.31 billion of the $2.94 billion in legal tech equity funding from January 1 to October 25, 2026, or 44.6%, according to the Legal Tech Circle funding tracker. US companies raised $1.24 billion, or 42.1%. It is the first year in our data that Europe has out-raised the US. But $1.15 billion of Europe’s total went to one Swedish company, Legora. Set aside the biggest company on each side, Legora and Harvey, and the US raised about 2.7 times as much as Europe.

Did Europe Really Out-Raise the US in Legal Tech?

On the headline numbers, yes. Continental Europe logged 15 rounds worth $1,309.1 million. The US logged 24 rounds worth $1,235.7 million. The UK, which we track as its own region, added seven rounds worth $220.3 million, so Europe including the UK took 52.1% of the year’s money.

The reason is Legora. The company, which lists Stockholm alongside New York in its announcements, raised a $550 million Series D in March, a $50 million extension in April and a $550 million Series E in October. Legora’s own release names New York and Stockholm together and says the US is now its largest market by revenue. We list companies by the headquarters country in their funding announcements, so Legora counts as Swedish.

Take Legora out and continental Europe raised $159.1 million across 12 rounds. Take Harvey out of the US and American companies raised $435.7 million across 21 rounds. That is $435.7 million against $159.1 million, and 21 rounds against 12.

How Does 2026 Compare With Earlier Years?

The shift is large. Europe including the UK took 15.3% of legal tech equity funding in our 2024 data and 17.2% in 2025. In 2025, US companies took 61.3% and Canadian companies 17.7%, mostly because of Clio’s $500 million Series G and Blue J’s $122 million Series D. Canada has no 2026 equity round in our tracker so far.

Outside Legora, European rounds in 2026 have been specialist and mostly early. Lexroom raised a $50 million Series B in Italy to build legal research for civil law systems. DeepIP raised $25 million in France for patent work, Pandektes about $15 million in Denmark for legal research, JUPUS $15.1 million in Germany for law firm intake, and Newcode two rounds in Norway. Stilta, a Swedish patent startup, raised a $10.5 million seed led by Andreessen Horowitz.

The UK had seven rounds and grew strongly. They include Orbital’s $60 million Series B, Summize’s $50 million round, Wordsmith’s $70 million Series B and $14 million extension, Avvoka’s $18.8 million round, Antidote’s $5 million seed and Crimson’s $2.5 million seed.

What About the Rest of the World?

Everywhere outside North America and Europe raised $168.3 million in nine rounds, or 5.7% of the 2026 total. Latin America did best, at $125.8 million across four rounds, led by Enter’s $100 million Series B at a $1.2 billion valuation in Brazil. Jusfy and Inspira, also Brazilian, raised Series A rounds of $15 million and $2.8 million, and Magnar raised an $8 million Series A in Chile.

Asia Pacific raised $42.5 million across five rounds, led by Checkbox’s $23 million Series A in Australia and WERT Intelligence’s $10.9 million Series B in South Korea. We have no 2026 rounds from the Middle East or Africa in the tracker.

How we counted. Each round is tagged with the company’s headquarters country and one of six regions: North America, Latin America, UK, Europe, Asia Pacific, and Middle East and Africa. For this piece we split North America into the US and Canada. A script sums equity rounds by region for January 1 to October 25, 2026, from the tracker’s CSV download, with debt, acquisitions and majority stake deals excluded, and non-USD rounds converted at the ECB rate on the announcement date. One small round, Concorda’s $3.8 million seed, has no headquarters country recorded yet and is left out of the regional figures but counted in the total.

We also know our European coverage is thinner than our US coverage for smaller rounds, because many European deals are announced only in local language press. If anything, that means the Europe figures are more likely to rise than fall.

Partly Real. Europe did raise more legal tech money than the US in 2026, but that is a Legora story, not a European one. The more durable trend is in the middle of the market, where specialist European companies in civil law research, patents and intake are getting funded at Series A and B, the UK is growing, and Latin America produced a unicorn.

Common Questions

Did European legal tech raise more than the US in 2026?

Yes, $1.31 billion against $1.24 billion through October 25, per the Legal Tech Circle funding tracker, because of Legora’s three rounds.

How much did Europe raise without Legora?

$159.1 million across 12 rounds.

Which country outside the US and Europe raised the most?

Brazil, led by Enter’s $100 million Series B.

How are countries assigned?

By the headquarters country stated in each funding announcement.

*Updated Oct 25, 2026 with corrected tracker data: Europe at $1.31 billion and the US at $1.24 billion.*