Legal AI Startup Legora Set to Raise at $1.7 Billion Value (1)

Legora, a Swedish artificial intelligence startup that works with law firms, is in discussions to raise more than $100 million in financing that would value the company at around $1.7 billion, according to people familiar with the talks.

Bessemer Venture Partners is set to lead the round, the people said, asking not to be identified as the information is not yet public.

Legora declined to comment. Bessemer didn’t immediately respond to a request for comment.

The fresh funding would more than double Legora’s valuation in the space of a few months. The startup last raised $80 million in May at ...