
July 30, 2026 · 15 min read
Vertical SaaS: The Legora $100M ARR Playbook
Vertical SaaS used to be the conservative choice: smaller market, lower ceiling. AI inverted that. When the cost of building generic software collapses, the part that does not collapse is knowing exactly how one industry works and having permission to touch its data. Legora went from $1M to $100M in ARR in 18 months selling into law firms, one of the least fashionable buyers in software. Here is the business model underneath that run: why bundling beat the point solutions, what actually defends a vertical against a foundation model lab, why one workflow travels across countries, and where the model still breaks.
Read more →



