Harvey just hit $11B — 100,000 lawyers already use it daily
Legal AI platform Harvey raised $200M at an $11B valuation, now used by 100,000+ lawyers across 1,300 organizations in 60 countries. It's crossed $1B in total funding.
A two-year-old startup just convinced the world's biggest law firms to hand their most sensitive work to AI — and investors are betting $11 billion it was the right call. Harvey, an AI platform built specifically for legal professionals, closed a $200 million funding round on March 25, pushing its total funding past $1 billion.
The numbers behind the bet: 100,000+ lawyers across 1,300 organizations in 60+ countries now use Harvey to draft contracts, run due diligence (the deep research that happens before a company buys another), and analyze legal documents.
From first-year associate to $11 billion CEO
Harvey was co-founded by Winston Weinberg, a former first-year legal associate, and Gabe Pereyra, a research scientist who previously worked at Google DeepMind and Meta. The idea: lawyers spend enormous amounts of time on repetitive document analysis that AI could handle faster and more consistently.
The latest round was co-led by GIC (Singapore's sovereign wealth fund) and Sequoia Capital — with Sequoia notably tripling down on its investment. Other backers include Andreessen Horowitz, Coatue, Kleiner Perkins, Conviction Partners, and Elad Gil.
Weinberg's take: "AI isn't just assisting lawyers. It's becoming the system through which legal work gets done."
What Harvey actually does
Harvey isn't a chatbot that happens to know law. It's a full platform with five core tools designed for how lawyers actually work:
Harvey's toolkit:
• Assistant — ask legal questions, analyze documents, and draft content with AI that understands legal context
• Vault — securely store and bulk-analyze thousands of legal documents at once
• Knowledge — research complex legal, regulatory, and tax questions across multiple jurisdictions
• Workflows — run pre-built AI agents (automated helpers that complete multi-step tasks) or build custom ones for your firm's specific needs
• Ecosystem — access Harvey inside Microsoft Word, Outlook, Google Drive, and iManage — no app-switching needed
The platform currently runs 25,000+ custom agents — automated workflows that law firms have built for their own specific processes, from M&A deal management to compliance reviews.
Who's actually using it
Harvey isn't pitching to solo practitioners watching YouTube tutorials. Its client list reads like a legal industry who's-who:
• Majority of AmLaw 100 firms (the 100 highest-grossing law firms in the U.S.)
• 500+ in-house legal teams at corporations
• 50 asset management firms
• Recent expansions with NBCUniversal, HSBC, DLA Piper International, and McCann Fitzgerald (which went firm-wide)
• Average user saves 20+ hours per month
From $8B to $11B in three months
The speed of Harvey's valuation growth tells the story of investor confidence in legal AI. The company hit an $8 billion valuation in December 2025, then jumped to $11 billion just three months later — a 37.5% increase. For context, Harvey has raised over $1 billion total, putting it in the same funding tier as some of the biggest AI companies in the world.
The fresh capital will go toward expanding Harvey's AI agents — tools that can independently complete multi-step legal tasks on a lawyer's behalf — and growing embedded engineering teams that work directly inside client organizations.
If you work in legal or professional services
Harvey isn't free — it's enterprise software with custom pricing. But if you're at a firm or corporate legal team evaluating AI tools, the platform now has enough scale (100K users, 60 countries, SOC2 Type II and ISO 27001 certified) to be the default comparison point.
Visit harvey.ai to explore the platform or request a demo. The company also just launched Harvey Academy for onboarding teams.
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