Legal AI Startup Harvey Hits $11B Valuation With Fresh $200M Raise
Harvey's valuation jumped from $8B to $11B in months as legal AI demand surges across 1,300+ organizations.
Harvey just closed a $200M round led by GIC and Sequoia, pushing its valuation to $11B. That's a steep climb from the $8B price tag it carried back in December 2025.
The legal AI company now counts over 100,000 users spread across more than 1,300 organizations. Growth like that tends to attract big checks.
The raise comes as the broader AI landscape heats up dramatically. OpenAI and Anthropic have hit a combined valuation north of $1 trillion, creating both excitement and anxiety across the industry. Some AI players worry about keeping pace in a market where capital is flowing fast and valuations are stretching higher by the quarter.
Harvey's bet on the legal vertical appears to be paying off. Specialization over generalization — at least for now — is a winning formula.