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Harvey Reportedly Raises $150 Million From a16z at Valuation Above $8 Billion

Investor interest reflects nine-figure recurring revenue alongside blue-chip clients.

Overview

  • Forbes reports the financing based on three unnamed sources, while Harvey declined to comment and Andreessen Horowitz did not respond.
  • The valuation jump follows earlier 2025 rounds at about $3 billion in February and $5 billion in June.
  • Including the new financing, total capital raised is now reported to exceed $1 billion.
  • CEO Winston Weinberg told CNBC in August that Harvey generated more than $100 million in annual recurring revenue.
  • Harvey supplies AI tools to firms like A&O Shearman and Ashurst and funds such as KKR and Bridgewater, maintains a LexisNexis partnership, and competes with rivals including Legora, Luminance, Clio, Ironclad and Thomson Reuters-owned Casetext.