- Silicon Valley Investclub
- Posts
- Harvey to Raise $200 Million at an $11 Billion Valuation
Harvey to Raise $200 Million at an $11 Billion Valuation

![]() Harvey to Raise $200 Million at an $11 Billion ValuationHarvey is a specialized artificial intelligence platform designed specifically for the legal sector, offering sophisticated software that leverages generative AI to streamline complex legal research, drafting, and analysis. By tailoring large language models to the rigorous demands of the legal profession, Harvey empowers firms to enhance productivity while maintaining the high standards of accuracy required in high-stakes legal work. Harvey is reportedly in discussions to raise $200 million in a new funding round led by Sequoia Capital and GIC, a capital infusion that would value the company at $11 billion. This investment signals massive investor confidence in Harvey's ability to dominate the legal AI market. The funds are expected to fuel further product innovation and support the company's aggressive scaling efforts as it cements its status as an industry leader. Harvey, headquartered in San Francisco, California, United States, was founded in 2022 by Gabe Pereyra and Winston Weinberg. In 2024, the company joined the unicorn club. According to the company, its technology is currently utilized by approximately 100,000 lawyers globally. Beyond traditional law firms, Harvey is successfully expanding into the corporate sector, integrating its AI tools into the in-house legal departments of major enterprises like Comcast and Verizon. |

