Legora has announced that it has secured a deal to purchase Canadian agentic legal AI platform Walter AI.
The acquisition is part of Legora’s vision to build an AI platform service where a single AI agent can perform an end-to-end legal workflow, including first-mile Outlook intake and multi-document editing.
The deal will also enable Legora to expand its presence in the Canadian market given Walter AI’s customer base includes major Canadian law firms including Fasken Martineau and McCarthy Tétrault.
Max Junestrand, CEO and co-founder of Legora, said that a shared philosophy around agent-native design was “immediately recognised”.
He added: “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, Walter’s CEO said: “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.”
Legora’s acquisition comes after it secured $550m in a Series D funding round led by venture capital firm Accel alongside several existing investors such as Bessemer Venture Partners and General Catalyst, plus new investors including Firstmark Capital and Menlo Ventures.
The legal AI platform is also expanding in the US by opening offices in Houston and Chicago, in addition to its existing bases in New York and Denver.
Stockholm-based Legora was founded in 2023 by Junestrand, Sigge Labor and August Erseus. Junestrand previously worked for investment firm Norrsken VC, while Labor previously co-founded Mexican hop provider GroAltos and Erseus worked in the research and development department at the KTH Royal Institute of Technology in Stockholm.
Vancouver-based Walter AI was founded a year earlier in 2022 by Wilson and Karl Campbell, who were both employees at Ollie Order’s brewery management software business, alongside Jon Conlin, who is currently a partner at Fasken.
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