Legal Tech Funding Hits Record $2.4 Billion as AI Automation Transforms Legal Industry
Summary
Legal tech funding shatters records with $2.4 billion raised in 2025 as AI automation revolutionizes the legal industry, with major deals including Filevine's $400 million raise and Harvey's $600 million across multiple rounds transforming how legal work gets done.
Key Points
- Legal tech funding reaches record $2.4 billion in 2025 with over three months remaining in the year, driven by investor enthusiasm for AI automation in the legal profession
- Filevine closes $400 million in two previously undisclosed rounds led by Insight Partners, Accel, and Halo Experience Co. to expand AI capabilities for its legal practice management platform
- Major funding rounds include Harvey raising $600 million across two rounds, Blue J securing $122 million Series D, and Eudia landing $105 million Series A as AI transforms legal work automation