Source: Harvey
Harvey announces their Series D financing led by Sequoia and including Coatue, Kleiner Perkins, OpenAI Startup Fund, GV, Conviction, Elad Gil, and REV, the venture capital arm of RELX Group which owns LexisNexis Legal & Professional at a $3B valuation.
In 2024, Harvey saw 4x annual recurring revenue (ARR) growth and expanded from 40 customers to 235 customers in 42 countries, including the majority of the top 10 US law firms. They’ve also seen the legal and professional services industry shift faster than ever before. Lawyers are adopting technology at an unprecedented rate, centuries-old firms are experimenting with new business models, and enterprises are driving significant savings with AI-enabled workflows. The pace of change will only accelerate in 2025.
This investment will enable Harvey to continue improving our platform, scaling agentic workflows, building out integrated enterprise use cases, and growing our team.
Read the full article: https://www.harvey.ai/blog/harvey-raises-series-d
