About Legal Tech
There are 10.1K companies in the Legal Tech sector across the world, with 1.71K funded companies having collectively raised $23.7B in venture capital money and private equity. Overall 850 of these are Series A+ funded and the sector has seen the creation of 16 Unicorns.
Legal Tech sector has seen 492 acquisitions and 73 IPOs. This represents almost 5.6% of all such companies - which is higher than the 4.7% exit rate of tech companies in general.
This sector includes technology solutions for Law firms and Corporate Legal Departments.
Legal Tech sector is also known as Legal technology.
Companies included in Legal Tech sector
Legal Practice Management, eDiscovery, Lawyers' Marketplace, Dispute resolution platforms, legal contract management, legal research, legal consultation and Intellectual Property ManagementCompanies excluded in Legal Tech sector
Legal firms and Managed Service ProvidersMarket Map of Legal Tech
The market map of Legal Tech gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Legal Tech sector are Legal Practice Management, Legal Research Software and Legal Contract Management.
Reports related to Legal Tech
Here are some reports related to Legal Tech sector:
Free
Legal Tech - Sector Report
Edition: May, 2025 (102 Pages)
Premium
Legal Tech Investor Landscape
Edition: August, 2025 (12 Pages)
Premium
Legal Tech Exit Landscape
Edition: August, 2025 (15 Pages)
View all reports related to Legal Tech. Sign up today!Top Companies in Legal Tech
There are more than 10.1K companies in Legal Tech. Clio is the top Legal Tech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Legal Tech companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Platform offering legal practice management software | Vancouver (Canada) | 2008 | Series G | $1.79B | |
Cloud based legal enterprise management and data services for businesses | Toronto (Canada) | 2008 | Public | - | |
Provider of online legal services including business formation and estate planning | Glendale (United States) | 2001 | Public | $66M | |
AI-powered contract lifecycle management platform | Lehi (United States) | 2012 | Acquired | $171M | |
Provider of transcription and captioning services using AI and human experts | San Francisco (United States) | 2010 | Series A | $4.9M |
Companies founded year-on-year in the Legal Tech sector
43 new startups have been founded so far in 2026 in the Legal Tech sector. 908 Legal Tech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 43 |
2025 | 212 |
2024 | 354 |
2023 | 573 |
2022 | 339 |
2021 | 479 |
2020 | 908 |
2019 | 748 |
2018 | 682 |
2017 | 558 |
Companies founded across countries in the Legal Tech sector
United States has 3,752 Legal Tech startups, the most by any country, followed by India which has 1,021 startups and United Kingdom which has 829.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 3,752 |
India | 1,021 |
United Kingdom | 829 |
Canada | 420 |
Germany | 340 |
Australia | 296 |
Brazil | 209 |
France | 205 |
China | 155 |
Netherlands | 128 |
Stage-wise distribution of the Legal Tech sector
Out of the total 10,106 Legal Tech companies, 1,714 have secured funding. Among them, 850 have reached Series A or higher, and 677 to Series B or beyond.
Founded - 10,106
Funded - 1,714
Series A+ - 850
Series B+ - 677
Series C+ - 615
Company Stage | No. of companies |
|---|---|
Founded | 10,106 |
Funded | 1,714 |
Series A+ | 850 |
Series B+ | 677 |
Series C+ | 615 |
Want to know more about Legal Tech ? Signup and explore Tracxn for free
- 10.1K+ Total Companies
- $23.7B+ Total Funding
- 1.7K+ Funded Companies
- 70+ IPOs
- 490+ Acquisitions
- 40+ Reports
Funding Trends in the Legal Tech sector
Total funding year-on-year in the Legal Tech sector
The Legal Tech sector saw a total funding of more than $19.6B in the last 10 years. The most amount of funding was in 2025 at more than $4.71B. There has been a total funding of $1.74B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.74B |
2025 | $4.71B |
2024 | $2.12B |
2023 | $910M |
2022 | $1.83B |
2021 | $2.73B |
2020 | $1.4B |
2019 | $2.66B |
2018 | $1.03B |
2017 | $471M |
Total funding across countries in the Legal Tech sector
In the last 10 years, Legal Tech startups in United States have recieved the highest funding among all countries - $11.4B. Canada follows with $2.8B and United Kingdom with $2.03B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $11.4B |
Canada | $2.8B |
United Kingdom | $2.03B |
China | $857M |
India | $626M |
Australia | $279M |
Brazil | $278M |
France | $251M |
Germany | $227M |
Japan | $23.2M |
Total funding amount raised by stage in the Legal Tech sector
Over the last 10 years, the Legal Tech sector have seen $1.27B into Seed Stage funding rounds, $6.08B into Early Stage funding rounds and $9.18B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $9.18B |
Early Stage | $6.08B |
Debt | $2.11B |
Seed Stage | $1.27B |
Post IPO | $382M |
PE | $252M |
ICO | $36.5M |
Grant | $20.8M |
Other-Equity | $2.27M |
Recent Funding Rounds in Legal Tech
In the year 2026, till June 2026, Legal Tech companies have raised $1.7B in equity funding across 70 rounds.
In the same period last year (i.e. till June 2025), Legal Tech companies had raised $1.87B across 89 rounds.
So, 2026 has seen a 9.26% drop in funding in Legal Tech companies as compared to 2025.
Here are some recent, important funding rounds in Legal Tech:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 7028 | Jun 29, 2026 | ||
Series A | 5184 | Jun 23, 2026 | and 3 more | |
Seed | 8401 | Jun 18, 2026 | and 4 more | |
Series A | 7894 | Jun 16, 2026 | ||
Seed | 1020 | Jun 12, 2026 |
Top Investors in Legal Tech
Europa is the top investor in Legal Tech companies based on number of companies invested.
Here are some top investors in Legal Tech:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
New York City (United States) | ||
Washington, DC (United States) |
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M&A activity in Legal Tech
In the year 2026, till June 2026, 22 acquisitions happened in Legal Tech sector. Last year, in 2025, a total of 36 acquisitions happened in Legal Tech sector.
Here are some recent, important acquisitions in Legal Tech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 26, 2026 | ||
Business Acquisition | Jun 25, 2026 | ||
Business Acquisition | Jun 25, 2026 | ||
Business Acquisition | Jun 24, 2026 | ||
Business Acquisition | Jun 22, 2026 |
Acquisition trends in Legal Tech
Here are the acquisition trends in Legal Tech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 22 |
2025 | 36 |
2024 | 45 |
2023 | 38 |
2022 | 46 |
2021 | 62 |
2020 | 49 |
2019 | 28 |
2018 | 44 |
2017 | 20 |
IPOs in Legal Tech
In the year 2026, till April 2026, 1 IPO happened in Legal Tech sector.
Here are some recent, important IPOs in Legal Tech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 06, 2026 | OTC Markets (OTCMKTS) | |
Dec 26, 2024 | Tokyo Stock Exchange (TSE) | |
Jun 27, 2024 | Toronto Stock Exchange - Venture Exchange (TSX-V) | |
Apr 06, 2023 | London Stock Exchange (LSE) | |
Apr 08, 2022 | Stockholm Stock Exchange (STO) |
Colleges which produce the most Legal Tech companies
Companies founded by alumni from top colleges in the Legal Tech sector
Most number of Legal Tech startups have been founded by alumni from Harvard University, Stanford University and University of Cambridge.
College | No. of companies |
|---|---|
Harvard University | 65 |
Stanford University | 62 |
University of Cambridge | 38 |
University of Toronto | 32 |
University of Oxford | 31 |
Columbia University | 29 |
University of Pennsylvania | 29 |
University of California (Berkeley) | 26 |
Harvard Business School | 24 |
Massachusetts Institute of Technology | 21 |
Total funding in companies founded by alumni from top colleges in the the Legal Tech sector
In the last 10 years, Harvard University graduates' Legal Tech companies have raised the most funding among top colleges. Stanford University alumni are second, and University of California (Berkeley) alumni are third.
College | Total Funding |
|---|---|
Harvard University | $2.72B |
Stanford University | $2.21B |
University of California (Berkeley) | $928M |
Cornell University | $862M |
Copenhagen Business School | $839M |
University of Pennsylvania | $637M |
Wharton School | $598M |
University of Cambridge | $519M |
McGill University | $505M |
Harvard Business School | $430M |
Top News in Legal Tech
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PioneerIP and Questel Partner to Bring AI-Powered Patent-to-Product Mapping to IP TeamsPR Newswire•Jun 30, 2026•Questel
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Reveal Introduces Logikcull for Public Records to Automate Intake and Response for Government AgenciesClarke Broadcasting•Jun 23, 2026•Reveal Data
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Litify Launches AI-Powered Demands, Advancing End-to-End Agentic Workflows Across the Case LifecycleFinancialContent•Jun 23, 2026•Litify
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Relativity Launches aiR Assist and Custom Analyses for Enhanced AI-Powered Legal Document ReviewArtificial Lawyer•Jun 16, 2026•Relativity Technologies
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Litera Foundation 365 Brings AI‑Powered Client Intelligence Directly into Microsoft 365Business Wire•Jun 03, 2026•Litera
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Corsearch Joins Philippines E-Commerce Pact to Combat Counterfeit GoodsSecurityBrief•Jun 03, 2026•Corsearch
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Agiloft Launches Astra, AI-Powered Contract Analysis Software for Effortless Contract ManagementMarTech Series•Jun 01, 2026•Agiloft
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