Harvey Hits $11 Billion Valuation With $200 Million Raise to Scale AI Legal Agents

New updates have been reported about Harvey.

Harvey has secured $200 million in new funding at an $11 billion valuation, in a round co-led by existing backers GIC and Sequoia, with continued support from Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins. The capital will be deployed to scale the AI agents that law firms and in-house legal departments run on Harvey and to expand its embedded legal engineering teams that co-develop and refine these agents with customers globally.

Positioning itself as the operating system for legal work, Harvey now runs more than 25,000 custom agents handling tasks across M&A, due diligence, contract drafting, and document review, with growing use of long-horizon agents managing multi-step workflows such as fund formation. The company says over 100,000 lawyers at 1,300 organizations, including a majority of the AmLaw 100, more than 500 in-house legal teams, and 50 asset managers across 60 countries, rely on Harvey, and recent wins include expanded deployments at major global enterprises and law firms, as well as the launch of a Customer Advisory Board to shape product direction as the company surpasses $1 billion in cumulative funding.