Legal Technology
AI Legal Tech
AI legal tech has become one of the fastest-growing enterprise software categories, with legal tech startups raising a record $2.4 billion in 2025 and Q1 2026 alone already reaching $2.34 billion, led by Relativity, Legora and Harvey. Harvey, backed by Sequoia and GIC, reached an $11 billion valuation in March 2026 (the most valuable legal technology company ever) on $190 million in ARR; Stockholm-based Legora raised $600 million (including an April 2026 extension) at a $5.6 billion valuation after crossing $100 million ARR in its third year, one of the fastest enterprise-software ramps on record; and e-discovery pioneer Relativity confidentially filed for a US IPO targeting a roughly $4 billion valuation, the first legal tech IPO since 2021.
Sources
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Evidence
1 source · 54% avg. source confidence
- PlatinumIDS / Artificial Lawyer — Legal AI 'arms race': Harvey's $11B, Legora's $5.5B+ valuations amid record capital surge54% source confidence
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The Story So Far
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AI Legal Tech's Timeline
A sourced, dated history of AI Legal Tech's key moments — founding to present.
2026-Q1 · Legal tech funding hits $2.34B in Q1 2026, led by Relativity, Legora, Harvey
Legal tech startups raised approximately $2.34 billion in Q1 2026 alone, already outpacing a large share of 2025's record $2.4 billion full-year total, led by Relativity, Legora and Harvey.