Swedish legal tech startup Legora has made its first acquisition, snapping up a Canadian legal AI startup, as it looks to expand its presence in North America. The acquisition for an undisclosed sum comes in the same week Swedish unicorn Legora announced its $550m Series D fund round, at a $5.5bn valuation.
Legora, a much-hyped AI platform for lawyers which supports lawyers in researching, reviewing and drafting legal work, has acquired Walter.
Walter is a 10-strong team whose client roster includes law firms Fasken Martineau and McCarthy Tétrault. Walter bills itself as an “agent-native legal AI platform" for lawyers, which automates end-to-end legal workflows from email to finished document.
Legora, founded in 2023, said the acquisition marks a significant step in Legora's push towards fully agentic AI workflows where its platform can carry out complex, multi-step legal tasks end-to-end, including document research, editing, and client replies.
The deal will also help Legora expand its presence in Canada, as it looks to make its mark in North America, which it has earmarked as a key market.
Legora already has offices in New York and Denver, with planned openings in Houston and Chicago.
Max Junestrand, CEO and co-founder of Legora, said: “When we saw what the Walter team had built, we immediately recognised a shared philosophy around agent-native design. The Walter team have approached legal AI the same way we have – embedding closely with lawyers and designing agents to handle real, end-to-end workflows. Bringing our teams together allows us to scale that vision faster.”
Ryan Wilson, co-founder and CEO Walter, said: “When we met the Legora team, it was clear we had a shared vision for the future of agentic legal technology.
“By joining Legora we can accelerate the realisation of that shared vision of end-to-end matter management with fleets of agents.
“We’ve built both companies in close partnership with the legal teams actually doing the work. Working with our customers, not just for them – iterating on feedback until the product matches how legal work actually gets done. And we’ve both arrived at the same conclusion: the future of legal AI is agentic."
