Harvey Secures $300M in Series D Funding Led by Sequoia

Harvey, a company focused on AI-driven solutions for the legal and professional services industry, has successfully raised $300 million in a Series D funding round. This round was led by Sequoia and included participation from existing investors such as Kleiner Perkins, GV, Elad Gil, Conviction, and the OpenAI Startup Fund. New investors Coatue and LexisNexis also joined, bringing the company's valuation to $3 billion.

In 2024, Harvey experienced significant growth, with a fourfold increase in annual recurring revenue and an expansion from 40 to 235 customers across 42 countries. This growth included partnerships with the majority of the top 10 US law firms. The company plans to use the new funding to enhance its platform, scale agentic workflows, and develop integrated enterprise use cases.