All Content from Business Insider | Legal AI startup Legora hits $100 million in annual recurring revenue by Melia Russell Martynas Justinevicius for BI Legal AI startup Legora says it's reached $100 million in annual recurring revenue.The metric helps explain why investors just priced the startup at $5.55 billion in a new financing.Law firms are pouring money into AI tools that promise to reshape how lawyers work.Legora, the Swedish startup chasing Harvey's lead in selling artificial intelligence software to law firms, has hit $100 million in annual recurring revenue, a milestone that shows law firms are willing to spend serious money to retool how lawyers work. Legora told Business Insider exclusively that it went from $1 million to $100 million in ARR — the revenue a company expects to collect over a year — in less than 18 months after its public launch. Read the original article on Business Insider Read more: https://www.businessinsider.com/legal-ai-startup-legora-hits-100-million-arr-2026-4 #ai #law-firms #legal-ai #legal-tech #legora