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ByNN Desk
Harvey Raises $200M to Put Legal Work on Autopilot
Legal startup Harvey raised $200 million in a new funding round co-led by GIC and Sequoia on March 25.
The $200 million funding round will support engineering hires to build AI tools for end-to-end legal workflows, as the platform expands into a workspace used by over 100,000 lawyers.
Legal startup Harvey raised $200 million in a new funding round co-led by GIC and Sequoia on March 25. The round values the company at $11 billion and includes participation from existing investors including Andreessen Horowitz, Coatue and Kleiner Perkins. The company plans to expand its AI-driven legal workflow tools and grow its engineering teams globally.
The investment will be used to scale Harvey’s AI agents, which automate legal workflows such as mergers, due diligence, contract drafting, and fund formation. The platform also supports embedded legal engineering teams that work with customers to deploy and improve these systems.
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The development reflects a broader shift in the legal industry, where high-volume and complex tasks are increasingly handled by AI systems. This reduces manual workload and allows legal professionals to focus on strategy, decision making and client outcomes.
AI is becoming the system through which legal work gets done as firms adopt automated workflows to improve efficiency and accuracy.
Winston Weinberg, CEO and co-founder of Harvey
Harvey currently supports more than 25,000 custom AI agents and is used by more than 100,000 lawyers globally. Its platform enables collaboration across legal teams and external partners, particularly for multi-step and long-duration workflows.
The company has partnered with the majority of the AmLaw 100, along with more than 500 in-house legal teams and 50 asset management firms across 60 countries. With this round, Harvey has raised more than $1 billion in total funding.
The funding round signals growing momentum in legal AI, as firms increasingly adopt automation to handle complex workflows. The company is expected to expand its capabilities further, positioning itself at the center of how legal work is executed in the coming years.
Disclaimer: This article is based on the public release by Harvey. NervNow has not independently verified the claims.
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