# Corporate VCs backing Legaltech (2026 list) > 19 corporate VCs backing Legaltech, 95% active in the last 12 months. Led by Google Ventures, Salesforce Ventures, M12. Ranked by what they funded. Source: https://millionrounds.com/lists/corporate-vcs-legaltech (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Corporate VCs backing Legaltech Updated 7 November 2026 Corporate VCs we have observed in a legaltech round in the last two years. [See all 19 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-legaltech)The top 19 **19** investors on the list No change this week **311** cheques in 12 months *+9%* against the market **$30M** median round they joined *+275%* against the market median **95%** wrote a cheque in 12 months **47%** have led a round ## The Top 19 Ordered by cheques observed, never by anything anyone paid for Deploying now (18) - 1 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen - 2 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen - 3 [M12](https://millionrounds.com/fund/m12) *Deploying now* Corporate VC · United States **300** **$30M** median round **Oct 2026** last seen - 4 [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) *Deploying now* Corporate VC · United States **228** **$20M** median round **Oct 2026** last seen - 5 [M Ventures](https://millionrounds.com/fund/m-ventures) *Deploying now* Corporate VC · Switzerland **143** **$15M** median round **Sept 2026** last seen - 6 [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) *Deploying now* Corporate VC · United States **107** **$39M** median round **Sept 2026** last seen - 7 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen - 8 [Axon Partners Group](https://millionrounds.com/fund/axon-partners-group) *Deploying now* Corporate VC · Spain **72** **$5M** median round **Jul 2026** last seen - 9 [CapitalG](https://millionrounds.com/fund/capitalg) *Deploying now* Corporate VC · Canada **51** **$213M** median round **Oct 2026** last seen - 10 [NVentures](https://millionrounds.com/fund/nventures) *Deploying now* Corporate VC · United States **18** **$330M** median round **Jun 2026** last seen - 11 [KDDI Open Innovation Fund](https://millionrounds.com/fund/kddi-open-innovation-fund) *Deploying now* Corporate VC · Japan **16** **$14M** median round **Aug 2026** last seen - 12 [Bright Pixel](https://millionrounds.com/fund/bright-pixel-capital) *Deploying now* Corporate VC · Portugal **10** **$19M** median round **Sept 2026** last seen - 13 [Thomson Reuters Ventures](https://millionrounds.com/fund/thomson-reuters-ventures-2) *Deploying now* Corporate VC · United States **7** **$30M** median round **Aug 2026** last seen - 14 [JLL Spark](https://millionrounds.com/fund/jll-spark) *Deploying now* Corporate VC · United States **5** **$10M** median round **Jan 2026** last seen - 15 [REV](https://millionrounds.com/fund/rev) *Deploying now* Corporate VC · United Kingdom **4** **$47M** median round **Jan 2026** last seen - 16 [Erie Insurance Group](https://millionrounds.com/fund/erie-strategic-ventures) *Deploying now* Corporate VC · United States **3** **$30M** median round **Jul 2026** last seen - 17 [Vanguard](https://millionrounds.com/fund/vanguard) *Deploying now* Corporate VC · United States **3** **$120M** median round **Jul 2026** last seen - 18 [Relativity](https://millionrounds.com/fund/relativity) *Deploying now* Corporate VC · United States **2** **$21M** median round **Apr 2026** last seen - 19 [Slaughter and May](https://millionrounds.com/fund/slaughter-and-may) quiet Corporate VC · United Kingdom **1** **$75M** median round **Feb 2025** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) - **29** Oct **[Upwind](https://millionrounds.com/company/upwind)** Series C · $400M *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) - **27** Oct **[Bedrock Robotics](https://millionrounds.com/company/bedrock-robotics)** Series C · $600M *Led by* [CapitalG](https://millionrounds.com/fund/capitalg) - **25** Oct **[Kalshi](https://millionrounds.com/company/kalshi)** $1B *With* [CapitalG](https://millionrounds.com/fund/capitalg) - **21** Oct **[Flapping Airplanes](https://millionrounds.com/company/flapping-airplanes)** Series A · $1B *With* [Google Ventures](https://millionrounds.com/fund/gv) - **21** Oct **[Legora](https://millionrounds.com/company/legora)** $550M *With* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) ## Stages This Year 294 rounds - Series A **21%** - Series B **18%** - Venture **11%** - Series C **11%** - Seed **8%** - Other **31%** ## What They Backed Sectors, last 12 months - AI **167** - Fintech **35** - Big Data & Analytics **21** - Robotics **19** - Enterprise Software **19** - Cybersecurity **17** ## Cheques by Quarter Led Joined 71 Q1 25 68 Q2 25 78 Q3 25 93 Q4 25 107 Q1 26 81 Q2 26 71 Q3 26 15 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai) - [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech) - [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data) - [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech) - [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics) - [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction) - [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy) - [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai) - [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about corporate VCs backing Legaltech ### Who are the most active corporate VCs backing Legaltech? By cheques observed, the most active are Google Ventures, Salesforce Ventures, M12, Qualcomm Ventures and M Ventures. ### How many corporate VCs backing Legaltech are there? 19 are on record. 95% made an investment in the last 12 months and 47% have led a round. ### Which stages do corporate VCs backing Legaltech back? Of the rounds with a named stage in the last 12 months, mostly Series A (26%) and Series B (23%). ### How big are the rounds corporate VCs backing Legaltech join? The typical (median) round among the leading investors here is $30M. ### Which sectors do corporate VCs backing Legaltech back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which corporate VCs backing Legaltech lead the most rounds? Google Ventures (33 led), CapitalG (20 led) and Salesforce Ventures (12 led). ### Where are corporate VCs backing Legaltech based? Among the most active, most are based in the United States (12), the United Kingdom (2) and Switzerland (1). ### What have corporate VCs backing Legaltech invested in recently? Recent rounds include Zipline (Growth, Nov 2026, with Salesforce Ventures), Upwind (Series C, Oct 2026, with Salesforce Ventures) and Bedrock Robotics (Series C, Oct 2026, with CapitalG). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)