About Legal Tech
There are 10.8K companies in the Legal Tech sector across the world, with 1.89K funded companies having collectively raised $26.3B in venture capital money and private equity. Overall 960 of these are Series A+ funded and the sector has seen the creation of 20 Unicorns.
Legal Tech sector has seen 564 acquisitions and 71 IPOs. This represents almost 5.9% of all such companies - which is higher than the 4.9% 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 10.8K companies in Legal Tech. DocuSign 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 |
|---|---|---|---|---|---|
Provider of electronic signature and intelligent agreement management platform solutions | San Francisco (United States) | 2003 | Public | $520M | |
Cloud-based financial management, EPM, and HR software provider for enterprises | Pleasanton (United States) | 2005 | Public | $352M | |
Platform offering legal practice management software | Burnaby (Canada) | 2007 | Series G | $1.79B | |
Provider of online legal services including business formation and estate planning | Glendale (United States) | 2001 | Public | $66M | |
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
10 new startups have been founded so far in 2026 in the Legal Tech sector. 1,022 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 | 10 |
2025 | 148 |
2024 | 339 |
2023 | 597 |
2022 | 356 |
2021 | 536 |
2020 | 1,022 |
2019 | 843 |
2018 | 771 |
2017 | 606 |
Companies founded across countries in the Legal Tech sector
United States has 4,124 Legal Tech startups, the most by any country, followed by India which has 1,111 startups and United Kingdom which has 922.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 4,124 |
India | 1,111 |
United Kingdom | 922 |
Canada | 445 |
Germany | 410 |
Australia | 337 |
France | 225 |
Brazil | 216 |
China | 155 |
Netherlands | 145 |
Stage-wise distribution of the Legal Tech sector
Out of the total 10,798 Legal Tech companies, 1,892 have secured funding. Among them, 960 have reached Series A or higher, and 763 to Series B or beyond.
Founded - 10,798
Funded - 1,892
Series A+ - 960
Series B+ - 763
Series C+ - 693
Company Stage | No. of companies |
|---|---|
Founded | 10,798 |
Funded | 1,892 |
Series A+ | 960 |
Series B+ | 763 |
Series C+ | 693 |
Want to know more about Legal Tech ? Signup and explore Tracxn for free
- 10.8K+ Total Companies
- $26.3B+ Total Funding
- 1.9K+ Funded Companies
- 70+ IPOs
- 560+ 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 $21B in the last 10 years. The most amount of funding was in 2025 at more than $5.18B. There has been a total funding of $1.2B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.2B |
2025 | $5.18B |
2024 | $2.19B |
2023 | $955M |
2022 | $2.12B |
2021 | $3.24B |
2020 | $1.6B |
2019 | $2.77B |
2018 | $1.23B |
2017 | $559M |
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 - $12.4B. Canada follows with $2.94B and United Kingdom with $2.3B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $12.4B |
Canada | $2.94B |
United Kingdom | $2.3B |
China | $858M |
India | $636M |
Australia | $305M |
Germany | $228M |
France | $221M |
Brazil | $179M |
Spain | $127M |
Total funding amount raised by stage in the Legal Tech sector
Over the last 10 years, the Legal Tech sector have seen $1.35B into Seed Stage funding rounds, $6.3B into Early Stage funding rounds and $10.2B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $10.2B |
Early Stage | $6.3B |
Debt | $2.13B |
Seed Stage | $1.35B |
Post IPO | $427M |
PE | $302M |
ICO | $68.5M |
Grant | $33.9M |
Other-Equity | $2.27M |
Recent Funding Rounds in Legal Tech
In the year 2026, till March 2026, Legal Tech companies have raised $1.16B in equity funding across 37 rounds.
In the same period last year (i.e. till March 2025), Legal Tech companies had raised $1.27B across 51 rounds.
So, 2026 has seen a 8.53% 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 | 7838 | Mar 26, 2026 | ||
Series G | 4112 | Mar 25, 2026 | ||
PE | 9221 | Mar 24, 2026 | ||
Seed | 7665 | Mar 17, 2026 | ||
Seed | 8036 | Mar 16, 2026 | - |
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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 April 2026, 12 acquisitions happened in Legal Tech sector. Last year, in 2025, a total of 42 acquisitions happened in Legal Tech sector.
Here are some recent, important acquisitions in Legal Tech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 02, 2026 | ||
Business Acquisition | Mar 24, 2026 | ||
Business Acquisition | Mar 12, 2026 | ||
Business Acquisition | Mar 11, 2026 | ||
Business Acquisition | Mar 09, 2026 |
Acquisition trends in Legal Tech
Here are the acquisition trends in Legal Tech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 12 |
2025 | 42 |
2024 | 52 |
2023 | 43 |
2022 | 52 |
2021 | 72 |
2020 | 60 |
2019 | 36 |
2018 | 51 |
2017 | 27 |
IPOs in Legal Tech
In the year 2025, till April 2025, 1 IPO happened in Legal Tech sector.
Here are some recent, important IPOs in Legal Tech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 01, 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) | |
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 | 72 |
Stanford University | 67 |
University of Cambridge | 40 |
University of Oxford | 37 |
University of Toronto | 36 |
University of Pennsylvania | 32 |
University of California (Berkeley) | 31 |
Columbia University | 30 |
Massachusetts Institute of Technology | 28 |
Harvard Business School | 27 |
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 Cornell University alumni are third.
College | Total Funding |
|---|---|
Harvard University | $3.01B |
Stanford University | $2.64B |
Cornell University | $1.28B |
University of California (Berkeley) | $936M |
Copenhagen Business School | $839M |
Duke University | $664M |
University of Pennsylvania | $663M |
Stanford Business School | $606M |
Wharton School | $598M |
Yale University | $548M |
Top News in Legal Tech
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Catalis Expands Digital Tax Payments Across Nine Wisconsin CountiesGlobal Fintech Series•Mar 27, 2026•Catalis
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Catalis Announces New Model to Support Washington’s Unified Payment ProgramGlobal Fintech Series•Mar 11, 2026•Catalis
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Property, Auto Insurance Shopping Up as Consumers Feel Economic PressuresInsurance Journal•Mar 04, 2026•TransUnion, LexisNexis
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