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AI-powered Legal-Tech Platform Legora Raises $550 Million in Series D Funding Round, Led by Accel

3 hours ago

March 10 — TechCrunch reports that Legora, an AI platform for legal professionals, has closed a $550 million Series D funding round led by Accel. Existing investors Benchmark, Bessemer, General Catalyst, ICONIQ, Redpoint Ventures, and Y Combinator also participated, while new backers include Alkeon Capital, Bain Capital, Firstmark Capital, Menlo Ventures, Salesforce Ventures, Sands Capital, and Starwood Capital. Powered by large language models (primarily Claude), Legora positions itself as a tool to help lawyers tackle complex cases. Speaking via live stream at the Stockholm Techarena conference, CEO Max Junestrand noted: “While anyone can access a ‘pocket lawyer’ via Claude, our solution is built for a distinct use case.” The platform is integrated into clients’ workflows, with 800 law firms and legal teams currently using it. Legora currently operates offices in New York, Stockholm, Bangalore, London, and Sydney, with plans to expand further. Along with closing its Series D round, the company has announced new offices in Houston and Chicago, plus future plans for additional local locations. By the end of 2026, Legora’s U.S. office workforce will top 300 employees.
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Democratic Party lawmakers in the United States will introduce a bill explicitly banning event-based contracts related to war and death

On March 11, U.S. Democratic lawmakers plan to introduce a bill that would explicitly ban event-based trading contracts tied to war and death. (Xinhua News Agency)

44 minutes ago

The probability of the Fed holding interest rates steady in March has increased to 97.3%

As of March 11, CME’s FedWatch data indicates the probability of a 25-basis-point Fed rate cut in March is currently 2.7%, while the odds of no change to rates stand at 97.3%.

44 minutes ago

US Stock Crypto Concept Stocks Soar, CRCL Breaks $120

As of March 11th, Bitget market data shows U.S.-listed crypto-related stocks posted broad gains. Key updates include: - MicroStrategy (MSTR): Up 1.86%, currently trading at $141.54 - Circle (CRCL): Up 8.05%, currently trading at $120.73 - Riot Blockchain (RIOT): Up 1.29%, currently trading at $14.89 - Bit Digital Inc. (BTBT): Up 2.95%, currently trading at $21.315 This version uses concise, common phrases for U.S. financial quick updates (e.g., "posted broad gains," "key updates," bullet points for readability) and aligns with native English habits.

44 minutes ago

AI startup AgentMail raises $6 million in seed funding, led by General Catalyst

On March 11, TechCrunch reported that AgentMail—a startup building an email service tailored for AI agents—has secured a $6 million seed round of funding. The round was led by General Catalyst, with participation from Y Combinator, Phosphor Capital, and angel investors including Paul Graham, HubSpot CTO Dharmesh Shah, Supabase CEO Paul Copplestone, and Ramp CTO Karim Atiyeh. Alongside the funding news, AgentMail also launched an automatic onboarding API. Developers can integrate AI agents directly via this interface, letting them self-register and create email addresses. The platform also supports manual configuration and management of mailboxes, permissions, allowlists, and API keys. AgentMail co-founder and CEO Haakam Aujla noted that the platform was built from scratch to give AI agents a human-like email experience—similar to what people use with Gmail or Outlook—without the human-facing UI.

44 minutes ago

AI startup Nexthop AI raises $500 million in funding round led by Lightspeed Venture

On March 11, Bloomberg reported that Nexthop AI—an artificial intelligence (AI) infrastructure startup—has raised $500 million in a funding round led by Lightspeed Venture Partners, part of the ongoing wave of investment in expanding AI computing capabilities. The firm, which supplies network hardware and software for AI data centers, now holds a valuation of $4.2 billion post-funding. Andreessen Horowitz joined the round, alongside all existing investors including Altimeter Capital and Kleiner Perkins. Founded in 2024 by Anshul Sadana (former COO of Arista Networks Inc.), Nexthop is building network systems for both intra-data center and inter-data center connectivity. Sadana noted the technology is designed to handle more network traffic with lower power consumption and latency. The startup is currently partnering with major data center operators to better address their needs.

44 minutes ago

Salesforce Plans to Raise up to $25 Billion for Stock Buybacks

March 11 — Salesforce Inc. (CRM.N), the customer relationship management (CRM) software giant, plans to issue up to $25 billion in bonds to fund stock buybacks, according to Bloomberg, which cited people familiar with the matter. The offering would mark the largest bond sale in the company’s history. The sources added Salesforce intends to sell at least $20 billion of the bonds in the U.S. market. They requested anonymity because the details are not public. The bond sale could launch as early as this week, though timing remains subject to change.

44 minutes ago

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