Harvey has raised $200 million in fresh funding at a valuation of $11 billion, as the legal technology company moves to expand the use of AI agents across law firms and corporate legal departments. The round was co-led by returning investors GIC and Sequoia, with participation from existing backers including Andreessen Horowitz, Coatue, Kleiner Perkins, and others. Harvey said the capital will support broader deployment of customer-built agents on its platform and fund the growth of its legal engineering teams worldwide.
The company said legal work is increasingly shifting from manual execution to AI-driven workflows, particularly in high-volume and complex areas such as mergers and acquisitions, due diligence, contract drafting, and document review. Winston Weinberg, Chief Executive Officer and Co-Founder of Harvey, stated, “AI isn’t just assisting lawyers. It’s becoming the system through which legal work gets done.” He added that leading firms and in-house teams are using agents to run “complex workflows” so lawyers can focus on strategy and judgment.
Harvey said more than 25,000 customs agents now operate on its platform, and more than 100,000 lawyers across 1,300 organizations use the service in over 60 countries. The company said it works with most of the AmLaw 100, more than 500 in-house legal teams, and 50 asset management firms, and that the latest round brings its total funding to more than $1 billion.