According to CoinMeta, legal company Legora announced the completion of a $550 million Series E financing round, with a post-investment valuation reaching $8.8 billion. This financing round was led by Atreides Management, with participation from institutions such as JPMorgan Chase and Fidelity. Legora was founded in 2023 and primarily assists lawyers in reviewing contracts, searching for legal information, drafting documents, and performing multi-step tasks through AI and agent. The company disclosed that its annual recurring revenue ($BJWKEEP_00007__) grew from $1 million to $100 million in less than one and a half years, and then surpassed $200 million in less than half a year. Currently, Legora has covered over 2,400 law firms and corporate legal teams worldwide, with more than 140,000 legal professionals using its services. The United States has become its largest market for revenue, with over half of its clients being among the top 50 highest-income law firms in the country. The new financing will be used for global expansion, as well as the development of a AI operating system designed for lawyers.