Legal technology firm Legora has entered the commercial property market after completing the acquisition of artificial intelligence specialist Cadastral. The transaction marks Legora’s fourth corporate acquisition in 2026 and provides the foundation for a new technical development facility in New York.

Cadastral operates an agentic artificial intelligence platform tailored specifically for commercial property workflows, handling document-heavy processes such as acquisitions, underwriting, leasing and zoning disputes. The startup has secured a client portfolio that includes major industry names such as JLL, AvalonBay, Equity Residential and Empire State Realty Trust.

“What impressed me most about Cadastral was the speed,” said Max Junestrand, CEO and Co-Founder of Legora. “They identified a gap in one of the most demanding markets in the world, built a product that serious firms actually trust, and landed some of the biggest names in commercial real estate in record time. We’re incredibly excited to bring their talents and capabilities to Legora.”

Established in 2024 and launched publicly in 2025, Cadastral has expanded its client base to more than 50 companies within 12 months, achieving an average monthly revenue growth rate of 40 per cent. The business was co-founded by Abe Somani and Aman Dhesi, who managed a New York-based engineering team.

Legora plans to use this existing team to anchor its first major technical hub in the United States. The firm aims to employ over 200 staff in New York and more than 300 personnel across North America by the end of December.

The strategy aligns with Legora’s broader objective to deploy an automated operating system across sectors that produce highly complex legal documentation, moving beyond traditional law firms and corporate legal departments.

“We built Cadastral because we believed AI agents could transform how CRE firms handle their legal and transaction workflows. Our growth and customers proved that the industry is ready for agentic transformation,” said Abe Somani, Co-Founder of Cadastral. “Joining Legora means we can take the platform much further and much faster.”

The transaction follows a period of financial growth for Legora, which recently surpassed $100 million in annual recurring revenue. The entity achieved a valuation of $5.6 billion during its Series D investment round and currently provides software to more than 1,200 law firms and internal legal operations across 50 global markets.