# The Week in Funding: Two Rounds, $570 Million

> 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.

By The Circle Desk | Market Signals | Published 2026-10-26 | Updated 2026-10-27
Source: https://legaltechcircle.com/insights/legal-tech-funding-week-legora/

The week of October 19 to 25 produced two legal tech funding rounds on
the [Legal Tech Circle funding
tracker](https://legaltechcircle.com/market-signals/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](https://legora.com/newsroom/legora-raises-550-million-series-e-at-8.8-billion-valuation-to-accelerate-growth).
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](https://techcrunch.com/2026/10/21/legal-ai-startup-legora-raises-550m-series-e-at-8-8b-valuation/)
and [Artificial
Lawyer](https://www.artificiallawyer.com/2026/10/21/legora-raises-550m-at-8-8bn-valuation/)
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](https://www.businesswire.com/news/home/20261021359350/en/)
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](https://www.n47.com/insights/why-were-investing-in-longeye)
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](https://pandektes.com/blog/pandektes-13-5m-series-a) 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.*

---
Legal Tech Circle (https://legaltechcircle.com/). News and analysis, not legal advice.