Legal Tech Funding, Q3 2024
Every disclosed legal tech round from July 1 to September 30, 2024, from the Legal Tech Circle Funding Tracker. Free to read and cite.
By The Circle DeskData updated Nov 12, 2026
What Happened in Q3 2024
The quarter at a glance, written from the tracker's data.
- The headline. Legal tech companies raised $1.19B across 19 tracked rounds in Q3 2024, up 472% from Q2 2024 and up 1371% from Q3 2023.
- The biggest round. Clio's $900M Series F, led by New Enterprise Associates, was the largest of the quarter. The five biggest rounds took 91% of all disclosed dollars.
- Where the money went. Practice / Matter Management took the largest share, 76% of dollars across 3 rounds. That is up from 4% over the previous four quarters.
- Round sizes. The median disclosed round was $3.5M, compared with $4.8M the quarter before. Seed and Series A made up 58% of rounds, and 2 rounds of $100M or more accounted for 84% of dollars.
- Geography. US companies took 16% of disclosed dollars, the UK and Europe 6%, and the rest of the world 78%.
- New names. 13 companies announced their first tracked round this quarter.
The Last Eight Quarters
Disclosed dollars raised. Q3 2024 highlighted.
Month by Month
Dollars and rounds in each month of the quarter.
By Region
Dollars raised this quarter, by headquarters.
US vs Europe, by Quarter
The last eight quarters. Europe includes the UK.
The Ten Biggest Rounds
Disclosed amounts. Click a company for its full history.
| Company | Stage | Amount | Category | Lead | Date | Source |
|---|---|---|---|---|---|---|
| Clio | Series F | $900M | Practice Mgmt | New Enterprise Associates | Jul 23 | Source |
| Harvey | Series C | $100M | GenAI & Drafting | GV | Jul 23 | Source |
| EvenUp | Series C | $35M | GenAI & Drafting | Lightspeed Venture Partners | Aug 13 | Source |
| HerculesAI | Series B | $26M | GenAI & Drafting | Streamlined Ventures | Jul 11 | Source |
| Supio | Series A | $25M | GenAI & Drafting | Sapphire Ventures | Aug 27 | Source |
| Legora | Series A | $25M | GenAI & Drafting | Redpoint Ventures | Jul 17 | Source |
| netLex | Series B | $24M | CLM | Riverwood Capital | Jul 18 | Source |
| Jus Mundi | Series B | $22M | Research & Analytics | Acton Capital, True Global Ventures | Sep 12 | Source |
| LegalFly | Series A | $16.4M€15M | GenAI & Drafting | Notion Capital | Jul 16 | Source |
| PointOne | Seed | $3.5M | Practice Mgmt | Jul 1 | Source |
By Category
Share of the quarter's dollars, against the previous four quarters.
By Stage
Rounds, dollars and the median round at each stage.
| Stage | Rounds | Raised | Median |
|---|---|---|---|
| Pre-seed and Seed | 7 | $14.6M | $2M |
| Series A | 4 | $68.5M | $20.7M |
| Series B | 3 | $72M | $24M |
| Series C | 2 | $135M | $67.5M |
| Late stage | 2 | $901M | $451M |
| Other and undisclosed | 1 | $2.9M | $2.9M |
Most Active Investors
Rounds they led or joined this quarter.
- 1Cherry Ventures1 round · led 1
- 2OnDean Forward1 round · led 1
- 3Worklife1 round · led 1
- 4Empress Capital1 round · led 1
- 5Acton Capital1 round · led 1
- 6True Global Ventures1 round · led 1
- 7Asko Schrey1 round · led 1
- 8Timo Larjomaa1 round · led 1
- 9Together Fund1 round · led 1
- 10Sapphire Ventures1 round · led 1
Quick Answers
- How much did legal tech raise in Q3 2024?
- Legal tech companies raised $1.19B in disclosed funding across 19 rounds in Q3 2024, according to the Legal Tech Circle Funding Tracker.
- What was the largest legal tech funding round in Q3 2024?
- Clio raised $900M in a Series F, led by New Enterprise Associates, announced July 23, 2024.
- Which legal tech category raised the most in Q3 2024?
- Practice / Matter Management, with $906M across 3 rounds, 76% of the quarter's disclosed dollars.
- Who were the most active legal tech investors in Q3 2024?
- Cherry Ventures (1), OnDean Forward (1), Worklife (1), Empress Capital (1), Acton Capital (1).
- What was the median legal tech round size in Q3 2024?
- $3.5M across 19 rounds with disclosed amounts.
Cite this report
Legal Tech Circle. "Legal Tech Funding Report: Q3 2024." October 2024. https://legaltechcircle.com/market-signals/reports/funding-2024-q3/
How we count
Rounds come from public announcements, each linked to its source on the Funding Tracker. Equity rounds only: debt, acquisitions and IPOs are left out. A round with no disclosed amount counts toward rounds but not dollars. Figures can change if a round is corrected or announced late. Spot something missing? Tell us. Full methodology.