Harvey Raises $200 Million at $11 Billion Valuation to Expand AI Legal Agents
Harvey has raised $200 million in new funding co-led by returning investors GIC and Sequoia Capital, valuing the company at $11 billion, announced in a press release. Existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins also participated in the round.
The funds will be used to expand the AI agents that customers run on Harvey and to grow the company’s embedded legal engineering teams globally. Harvey’s platform supports over 25,000 custom agents that execute tasks across mergers and acquisitions, due diligence, contract drafting, and document review.
Harvey reports that more than 100,000 lawyers across 1,300 organizations, including the majority of the AmLaw 100 and over 500 in-house legal teams, now use its platform. Recent clients include NBCUniversal, HSBC, DLA Piper International, and McCann Fitzgerald.
With this latest investment, Harvey’s total funding exceeds $1 billion as it continues to expand its AI-driven legal workflow platform across 60 countries.
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