Overview
- Harvey disclosed Wednesday a $200 million funding round co-led by Singapore’s GIC and Sequoia that values the legal AI company at $11 billion.
- Existing backers including Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins joined the round, pushing total funding above $1 billion.
- Harvey says it will use the cash to expand autonomous legal agents that handle contract review, due diligence, drafting, and other tasks, and to grow embedded legal engineering teams worldwide.
- The company reports more than 100,000 lawyers across 1,300 organizations use its tools, with over 25,000 custom agents now running on the platform for work like M&A and document review.
- Harvey reported $190 million in annual recurring revenue in January, and its valuation has climbed from $3 billion in February 2025 to $8 billion in December before this latest step-up, with Sequoia’s repeat co-leads highlighting strong VC conviction.