Harvey raises Series C funding from Google Ventures, OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel

Winston Weinberg, Gabriel Pereira

July 23, 2024

We are excited to announce our Series C, led by GV (Google Ventures) with participation from OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel. This $100 million investment, at a valuation of $1.5 billion, will enable Harvey to continue to scale and improve its AI-powered technology across business functions and geographies.

As we celebrate our two-year anniversary, Harvey is used daily by tens of thousands of lawyers at leading law firms, professional service providers, corporations and government agencies around the world. Since our last funding round in December, we have tripled our ARR and doubled our employee base. We are encouraged by the diversity of professional service providers who see value in our platform and the breadth of problems our clients are solving using Harvey.

But we're just getting started.

Series C will enable Harvey to continue building the world's most trusted AI platform for professional services. Our mission is to help every client solve any challenge by making our platform more powerful, transparent, customizable, and secure. We will use this new funding to invest in the engineering, data, and domain expertise fundamental to building AI-native systems that make the most complex knowledge work easier. Over the next 12 months, we will continue to collect and manage the data needed to build and train domain-specific models, while also expanding our team in both people and locations to serve clients around the world.

“We will also deepen our partnerships with both cloud providers and model providers to integrate additional models into Harvey and expand our training collaborations to continually improve the effectiveness of our models. These advancements are combined with a growing set of products and integrations that enable us to deliver our models more effectively to our clients and their workflows.”

With feedback from our customers, recognition from our investors, and the support of our team, we have great confidence that Harvey will be the pioneer of the best technology of our generation and a catalyst for more effective decision-making in professional services. Continuing to push the boundaries of global progress remains our ultimate goal.

Thank you to everyone who has been a part of Harvey's journey so far – we appreciate your support and hard work.

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