Legora's $550 million Series E and Longeye's $20 million Series A make two equity rounds for October 19 to 25, totaling $570 million.
The week of October 19 to 25 produced two legal tech funding rounds on the Legal Tech Circle funding tracker. Legora raised a $550 million Series E on October 21 at an $8.8 billion post-money valuation. The same day, Longeye raised a $20 million Series A for its investigative evidence review platform used by justice agencies. Combined, the week totals $570 million in equity.
That is still a short weekly report. One of the two rounds is almost the entire dollar figure, and the quiet around everything else still says something about the rest of the market.
The Week’s Two Rounds
Atreides Management led Legora’s round, with new investors Baron Capital, Capital Group, Fidelity Management and Research, Glade Brook Capital Partners and J.P. Morgan, according to Legora’s press release. Existing investors including Accel, Benchmark, General Catalyst and ICONIQ also took part.
Legora says annual recurring revenue now stands at more than $200 million, that it went from $1 million to $100 million in under 18 months, and that the next $100 million took less than six months. The new valuation compares with $5.6 billion at its previous round, which the tracker records as a Series D extension in April. TechCrunch and Artificial Lawyer reported the same headline figures.
Two details in the Legora release matter for buyers. In-house legal teams made up more than 40% of Legora’s new customers in the third quarter, and the company says more than half of the AmLaw 50 are now customers. The money is earmarked for expansion in North America, Europe and Asia-Pacific and for new products, including agentic intake, horizon scanning and legal research.
Longeye’s Series A was led by N47, with participation from Andreessen Horowitz’s American Dynamism practice, according to a Business Wire release dated October 21. Longeye, based in San Francisco, sells an investigative workspace that lets police, prosecutors and public defenders search and analyze large volumes of digital evidence, including jail calls, warrant returns, phone extractions, video, financial records and document sets. The company says more than 50 justice agencies use the platform. N47’s investment note confirms the lead and the $20 million figure. Longeye did not disclose a valuation.
October Is Still Running on One Deal
Through October 25, the tracker shows three equity rounds in October 2026 worth a combined $585.1 million. Legora’s round is 94.0% of that. The others are Longeye’s $20 million Series A and Danish legal research company Pandektes, which announced a EUR 13.5 million Series A on October 5, about $15.1 million at the time.
For comparison, the tracker shows 17 equity rounds worth $501.0 million in October 2025. The dollar total this October is already higher, but the count is far lower, and the week of October 12 to 18 added no rounds at all. A month can still fill in late, and announcements often cluster around conferences, so this is a reading of the tracker to date rather than a final number.
Where 2026 Stands
Legal tech equity funding for 2026 now totals $2.96 billion across 55 rounds with disclosed amounts on the tracker. Legora’s Series E alone is 18.6% of that. Counting its three 2026 rounds, Legora has raised $1.15 billion this year, or 38.9% of all 2026 equity dollars.
Add Harvey’s three 2026 rounds, worth $800 million, and the two companies account for $1.95 billion, or 65.9% of the year’s equity. Outside those two, the rest of the market has raised $1.01 billion across 49 rounds. The median disclosed round in 2026 is $14.0 million, which is a better guide to what a typical company is raising than the headline numbers.
Outside the Totals
The tracker counts equity only. Debt facilities and acquisitions sit on separate tabs and never enter these totals. Neither tab gained an entry dated October 19 to 25. The most recent acquisition on the Exits tab is Opus 2’s purchase of Bundledocs on October 1.
The next deal came on Monday, October 26, when Clio announced at ClioCon that it had acquired Page, a legislative and regulatory monitoring startup, for an undisclosed sum. That deal falls in next week’s window.
Common Questions
Why does the tracker now show two rounds for the week?
Legora’s Series E and Longeye’s Series A are both dated October 21 and have been verified against primary sources. Rounds are added after they are checked, so earlier weekly counts can rise when a held or late-verified round is added.
Does the $2.96 billion include debt or acquisitions?
No. The total counts equity rounds only. Debt facilities and exits are listed separately on the tracker.
How big is Legora’s round compared with Harvey’s?
They are the same size. Harvey’s Series H in September was also $550 million, at a $15.5 billion valuation according to the tracker.
What to Watch
Watch whether the rest of October brings any rounds beyond Legora, Longeye and Pandektes, and whether ClioCon week produces more deals like Clio’s purchase of Page. If late October stays this thin, the fourth quarter will look much like the third, when the top three rounds took 86.7% of the money.
*Updated Oct 27 to add Longeye’s $20 million Series A, recompute the week’s totals and correct the 2026 round count.*
