Harvey Reaches $100 Million in Annual Revenue

Harvey, a legal AI startup, has announced reaching $100 million in annual recurring revenue (ARR) just three years after its inception. This milestone comes as the company's weekly average users have quadrupled over the past year, and its customer base has expanded to over 500 clients, including major corporations like Comcast.

Harvey's platform, which leverages artificial intelligence to assist with legal research, drafting, and diligence projects, has seen rapid adoption among law firms and large corporations. The company attributes its growth to the increasing demand for AI-driven solutions in the legal sector and its ability to scale quickly.

Founded in 2022 by Winston Weinberg and Gabe Pereyra, Harvey has raised over $800 million from investors, including notable names such as Kleiner Perkins and Sequoia Capital. The startup continues to focus on global expansion and enhancing its team, recently hiring key figures like Siva Gurumurthy as Chief Technology Officer and John Haddock as Chief Business Officer.

Harvey's success is further underscored by its inclusion in the 2025 CNBC Disruptor 50 list, highlighting its impact and innovation in the legal technology space.