Swedish legal-AI startup Legora is reportedly seeking fresh investment at a valuation above $10bn, according to financial and technology outlets.

Both reports note that the company’s valuation has increased sharply in a short period. Financial Times says Legora was valued at $5.6bn only four months earlier, reflecting growing investor interest in artificial intelligence tools used in professional services. The Next Web similarly describes Legora as among Europe’s fastest-rising startups and says a new funding round would roughly double the valuation investors previously assigned.

While both outlets agree on the headline valuation target and the timing of the prior valuation, they differ slightly in framing: The Financial Times emphasizes the valuation change and market interest in AI for professional services, while The Next Web focuses more on the speed of Legora’s growth and the broader “frenzy” around such startups. Neither account provides details on the size of the planned round or named investors in the excerpts provided.