# PE firms backing Legaltech (2026 list) > 47 PE firms backing Legaltech, 85% active in the last 12 months. Led by Gaingels, Goldman Sachs, Citibank. Ranked by what they funded. Source: https://millionrounds.com/lists/pe-firms-legaltech (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # PE firms backing Legaltech Updated 7 November 2026 PE firms we have observed in a legaltech round in the last two years. [See all 47 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-legaltech)The top 25 **47** investors on the list No change this week **725** cheques in 12 months *-4%* against the market **$73M** median round they joined *+806%* against the market median **85%** wrote a cheque in 12 months **55%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen - 2 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen - 3 [Citibank](https://millionrounds.com/fund/citi) *Deploying now* Growth equity · United States **566** **$20M** median round **Oct 2026** last seen - 4 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen - 5 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen - 6 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen - 7 [WndrCo](https://millionrounds.com/fund/wndrco) *Deploying now* Private equity · United States **114** **$15M** median round **Sept 2026** last seen - 8 [Blackstone Group](https://millionrounds.com/fund/blackstone-group) *Deploying now* Private equity · United States **98** **$200M** median round **Sept 2026** last seen - 9 [GIC](https://millionrounds.com/fund/gic) *Deploying now* Private equity · Singapore **92** **$200M** median round **Oct 2026** last seen - 10 [FTV Capital](https://millionrounds.com/fund/ftv-capital) *Deploying now* Private equity · United States **83** **$55M** median round **Sept 2026** last seen - 11 [Fortress Investment](https://millionrounds.com/fund/fortress-investment-group) *Deploying now* Private equity · United States **61** **$100M** median round **Sept 2026** last seen - 12 [Bain Capital](https://millionrounds.com/fund/bain-capital) *Deploying now* Private equity · United States **58** **$50M** median round **Aug 2026** last seen - 13 [EQT](https://millionrounds.com/fund/eqt) *Deploying now* Private equity · Sweden **35** **$62M** median round **Sept 2026** last seen - 14 [Five V Capital](https://millionrounds.com/fund/five-v-capital) *Deploying now* Private equity · Australia **32** **$13M** median round **Jun 2026** last seen - 15 [PremjiInvest](https://millionrounds.com/fund/premji-invest) *Deploying now* Private equity · India **31** **$163M** median round **Oct 2026** last seen - 16 [Richard King Mellon Foundation](https://millionrounds.com/fund/richard-king-mellon-foundation) *Deploying now* Private equity · United States **30** **$408K** median round **Sept 2026** last seen - 17 [Blackbird](https://millionrounds.com/fund/blackbird) *Deploying now* Private equity · Australia **25** **$24M** median round **Oct 2026** last seen - 18 [Goldman Sachs Alternatives](https://millionrounds.com/fund/goldman-sachs-alternatives) *Deploying now* Growth equity **24** **$110M** median round **Oct 2026** last seen - 19 [Northwestern Mutual](https://millionrounds.com/fund/northwestern-mutual-future-ventures) *Deploying now* Private equity · United States **21** **$16M** median round **Oct 2026** last seen - 20 [Sands Capital Management](https://millionrounds.com/fund/sands-capital) *Deploying now* Growth equity · United States **18** **$740M** median round **Nov 2026** last seen - 21 [NFDG](https://millionrounds.com/fund/nfdg) *Deploying now* Growth equity · United States **12** **$113M** median round **Jun 2026** last seen - 22 [AB Capital](https://millionrounds.com/fund/ab-capital) *Deploying now* Growth equity · Brazil **8** **$2.8B** median round **Oct 2026** last seen - 23 [Point72 Private Investments](https://millionrounds.com/fund/point72-private-investments) *Deploying now* Growth equity **8** **$73M** median round **Aug 2026** last seen - 24 [Aquiline Capital Partners](https://millionrounds.com/fund/aquiline-capital-partners) *Deploying now* Private equity · United States **6** **$147M** median round **Feb 2026** last seen - 25 [BroadLight Capital](https://millionrounds.com/fund/broadlight-capital) *Deploying now* Private equity · United States **6** **$250M** median round **Aug 2026** last seen **22 more on this list** All 47 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-legaltech) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) - **5** Nov **[CesiumAstro](https://millionrounds.com/company/cesiumastro)** Series D+ · $730M *With* [Sands Capital Management](https://millionrounds.com/fund/sands-capital) - **30** Oct **[Complaion](https://millionrounds.com/company/complaion)** Other *Led by* [Eurazeo](https://millionrounds.com/fund/eurazeo) - **30** Oct **[Baseten](https://millionrounds.com/company/baseten)** Other · $2B *Led by* [Sands Capital Management](https://millionrounds.com/fund/sands-capital) - **29** Oct **[Solink](https://millionrounds.com/company/solink)** Growth · $100M *With* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) - **28** Oct **[Wealthsimple](https://millionrounds.com/company/wealthsimple)** Growth · $425M *Led by* [GIC](https://millionrounds.com/fund/gic) ## Stages This Year 664 rounds - Venture **20%** - Debt **14%** - Series A **12%** - Seed **11%** - Growth **8%** - Other **34%** ## What They Backed Sectors, last 12 months - AI **267** - Fintech **66** - Aerospace & Space **44** - Big Data & Analytics **40** - Biotech **38** - Financial Services **36** ## Cheques by Quarter Led Joined 192 Q1 25 192 Q2 25 215 Q3 25 237 Q4 25 239 Q1 26 197 Q2 26 150 Q3 26 41 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 PE firms backing Legaltech ### Who are the most active PE firms backing Legaltech? By cheques observed, the most active are Gaingels, Goldman Sachs, Citibank, Pioneer Fund and General Atlantic. ### How many PE firms backing Legaltech are there? 47 are on record. 85% made an investment in the last 12 months and 55% have led a round. ### Which stages do PE firms backing Legaltech back? Of the rounds with a named stage in the last 12 months, mostly Debt (20%) and Series A (18%). ### How big are the rounds PE firms backing Legaltech join? The typical (median) round among the leading investors here is $73M. ### Which sectors do PE firms backing Legaltech back most? In the last 12 months, mostly AI, Fintech and Aerospace & Space. ### Which PE firms backing Legaltech lead the most rounds? General Atlantic (32 led), Goldman Sachs (22 led) and GIC (17 led). ### Where are PE firms backing Legaltech based? Among the most active, most are based in the United States (16), Australia (2) and France (1). ### What have PE firms backing Legaltech invested in recently? Recent rounds include Nyquis (Seed, Nov 2026, with Pioneer Fund), CesiumAstro (Series D+, Nov 2026, with Sands Capital Management) and Complaion (Other, Oct 2026, with Eurazeo). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)