Legal AI startup Harvey has secured $200 million in new funding, bringing its valuation to $11 billion and total capital raised to $1 billion. The round was co-led by GIC and Sequoia, with participation from existing investors including Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins.
The company plans to use the funding to expand its AI agent capabilities and grow its embedded legal engineering teams, which work directly within client organizations to deploy and optimize its technology.
Harvey has established a broad enterprise footprint, partnering with most of the 100 largest U.S. law firms, over 500 in-house legal teams, and 50 asset management firms across 60 countries, with recent customers including NBCUniversal, HSBC, DLA Piper International, and McCann Fitzgerald.
