About Legal Tech
There are 12.8K companies in the Legal Tech sector across the world, with 1.8K funded companies having collectively raised $24.9B in venture capital money and private equity. Overall 880 of these are Series A+ funded and the sector has seen the creation of 16 Unicorns.
Legal Tech sector has seen 504 acquisitions and 80 IPOs. This represents almost 4.6% of all such companies - which is higher than the 4.0% 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: September, 2026 (85 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 12.8K 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 | |
Provider of online legal services including business formation and estate planning | Glendale (United States) | 2001 | Public | $66M | |
Cloud based legal enterprise management and data services for businesses | Toronto (Canada) | 2008 | Public | - | |
Provider of an AI software for legal and professional services | San Francisco (United States) | 2022 | Series H | $1.82B | |
AI-powered contract lifecycle management platform | Salt Lake City (United States) | 2012 | Acquired | $171M |
Companies founded year-on-year in the Legal Tech sector
618 new startups have been founded so far in 2026 in the Legal Tech sector. 941 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 | 618 |
2025 | 556 |
2024 | 525 |
2023 | 664 |
2022 | 368 |
2021 | 499 |
2020 | 941 |
2019 | 767 |
2018 | 697 |
2017 | 572 |
Companies founded across countries in the Legal Tech sector
United States has 4,327 Legal Tech startups, the most by any country, followed by India which has 1,214 startups and United Kingdom which has 1,006.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 4,327 |
India | 1,214 |
United Kingdom | 1,006 |
Canada | 473 |
Germany | 472 |
Australia | 336 |
Brazil | 269 |
France | 257 |
China | 181 |
Netherlands | 145 |
Stage-wise distribution of the Legal Tech sector
Out of the total 12,804 Legal Tech companies, 1,803 have secured funding. Among them, 880 have reached Series A or higher, and 700 to Series B or beyond.
Founded - 12,804
Funded - 1,803
Series A+ - 880
Series B+ - 700
Series C+ - 637
Company Stage | No. of companies |
|---|---|
Founded | 12,804 |
Funded | 1,803 |
Series A+ | 880 |
Series B+ | 700 |
Series C+ | 637 |
Want to know more about Legal Tech ? Signup and explore Tracxn for free
- 12.8K+ Total Companies
- $24.9B+ Total Funding
- 1.8K+ Funded Companies
- 75+ IPOs
- 500+ 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 $20.8B in the last 10 years. The most amount of funding was in 2025 at more than $4.82B. There has been a total funding of $2.78B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $2.78B |
2025 | $4.82B |
2024 | $2.13B |
2023 | $915M |
2022 | $1.84B |
2021 | $2.73B |
2020 | $1.4B |
2019 | $2.66B |
2018 | $1.03B |
2017 | $476M |
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 - $12.2B. Canada follows with $2.77B and United Kingdom with $2.09B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $12.2B |
Canada | $2.77B |
United Kingdom | $2.09B |
China | $856M |
India | $630M |
Germany | $345M |
Brazil | $294M |
Australia | $279M |
France | $250M |
Japan | $35.8M |
Total funding amount raised by stage in the Legal Tech sector
Over the last 10 years, the Legal Tech sector have seen $1.34B into Seed Stage funding rounds, $6.33B into Early Stage funding rounds and $9.86B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $9.86B |
Early Stage | $6.33B |
Debt | $2.11B |
Seed Stage | $1.34B |
Post IPO | $382M |
PE | $247M |
Other-Equity | $77.3M |
Grant | $61.8M |
ICO | $6.44M |
Recent Funding Rounds in Legal Tech
In the year 2026, till October 2026, Legal Tech companies have raised $2.74B in equity funding across 113 rounds.
In the same period last year (i.e. till October 2025), Legal Tech companies had raised $3.41B across 160 rounds.
So, 2026 has seen a 19.69% 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 |
|---|---|---|---|---|
Series A | 9485 | Oct 01, 2026 | - | |
Seed | 2686 | Sep 30, 2026 | - | |
Series C | 5320 | Sep 23, 2026 | ||
Seed | 7541 | Sep 23, 2026 | - | |
Series A | 1049 | Sep 22, 2026 | and 3 more |
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 September 2026, 31 acquisitions happened in Legal Tech sector. Last year, in 2025, a total of 37 acquisitions happened in Legal Tech sector.
Here are some recent, important acquisitions in Legal Tech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 15, 2026 | ||
Business Acquisition | Sep 08, 2026 | - | |
Business Acquisition | Sep 01, 2026 | ||
Business Acquisition | Aug 26, 2026 | ||
Business Acquisition | Aug 19, 2026 |
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Acquisition trends in Legal Tech
Here are the acquisition trends in Legal Tech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 31 |
2025 | 37 |
2024 | 46 |
2023 | 39 |
2022 | 46 |
2021 | 63 |
2020 | 50 |
2019 | 28 |
2018 | 45 |
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) | |
Jul 17, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 26, 2024 | Tokyo Stock Exchange (TSE) | |
Jun 27, 2024 | Toronto Stock Exchange - Venture Exchange (TSX-V) | |
Apr 06, 2023 | London Stock Exchange (LSE) |
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 | 59 |
Stanford University | 50 |
University of Cambridge | 36 |
University of California (Los Angeles) | 33 |
University of Oxford | 32 |
Columbia University | 30 |
University of Pennsylvania | 28 |
University of California (Berkeley) | 25 |
Harvard Business School | 22 |
London School of Economics and Political Science | 19 |
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 | $1.55B |
Stanford University | $1.41B |
University of California (Berkeley) | $931M |
University of Pennsylvania | $722M |
Wharton School | $598M |
University of Cambridge | $453M |
Massachusetts Institute of Technology | $383M |
McGill University | $372M |
Harvard Business School | $367M |
Columbia University | $272M |
Top News in Legal Tech
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Sirion Recognized as Technical Value Leader in CLM by The Hackett Group's Fall 2026 SolutionMapFinancial Post•Sep 24, 2026•Sirion
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RelativityOne Rebranded to Relativity aiR to Emphasize AI's Role in Legal Data IntelligenceBusinessnewsthisweek•Sep 16, 2026•Relativity Technologies
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Relativity Announces Skadden as Participant in Advanced Access Program for New AI ProductBusinessnewsthisweek•Sep 09, 2026•Relativity Technologies
