Key Metrics
Valuation
$15.5B
As of Sep 23, 2026Value Add Pulse research
Company Snapshot
Harvey is a Legal tech company, based in San Francisco, CA, founded 2022. Latest valuation $15.5B (As of Sep 23, 2026, Value Add Pulse research). Total funding >$1.55B (As of Sep 9, 2026).
Recent changes
- Sep 9, 2026Sep 9, 2026Raised $550M at a $15.5B valuation TechCrunch
- Sep 9, 2026Sep 9, 2026First reported revenue: >$400M TechCrunch
- Sep 9, 2026Sep 9, 2026First reported total funding: >$1.55B TechCrunch
- Sep 9, 2026Sep 9, 2026New investor: Lightspeed Venture Partners TechCrunch
- Sep 9, 2026Sep 9, 2026New investor: Sapphire Ventures TechCrunch
Earlier changes (7)
- Sep 9, 2026Sep 9, 2026Harvey Hits $15.5B Valuation With $550M Round Pulse story
- Sep 9, 2026Sep 9, 2026Revenue rose from ~$190M (Jan 2026 — ~2x in 5 months from $100M) to >$400M TechCrunch
- Sep 9, 2026Sep 9, 2026Valuation rose from $11B to $15.5B TechCrunch
- Mar 2026Mar 2026Raised $200M Series (unspecified) at a $11B valuation The Next Web
- Mar 2026Mar 2026Raised $200M at a $11B valuation Value Add Pulse enrichment
- Mar 2026Mar 2026First reported valuation: $11B TechCrunch
- Jan 2026Jan 2026First reported arr: ~$190M (Jan 2026 — ~2x in 5 months from $100M)Estimated CNBC — Harvey raises $200M at $11B
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Sep 9, 2026 | funding round | $550M | $15.5B | TechCrunch | |
| Mar 1, 2026 | funding round | $200M | $11B | Value Add Pulse research | |
| Mar 1, 2026 | Series (unspecified) | $200M | $11B | The Next Web |
Underlying values
| As of | Value | Method | Source |
|---|---|---|---|
| Sep 23, 2026 | $15.5B | Reported | Value Add Pulse research |
| Sep 9, 2026 | $15.5B | Reported | Harvey |
| Sep 9, 2026 | $15.5B | Reported | TechCrunch |
| Mar 25, 2026 | $11B | Reported | Value Add VC entity registry |
| Mar 2026 | $11B | Reported | Harvey |
| Mar 2026 | $11B | Reported | The Next Web |
| Mar 2026 | ~$11B (Mar 2026, GIC + Sequoia) | Estimated | CNBC — Harvey raises $200M at $11B |
| Mar 2026 | ~$11B | Estimated | CNBC — Harvey raises $200M at $11B |
| Mar 2026 | $11B | Reported | TechCrunch |
Investors
Latest Pulse
- Sep 11, 2026September's Megadeals Already Top $8 BillionSix companies -- The Boring Company, Cognition, Positron AI, Mach Industries, Harvey, and Ayar Labs -- have absorbed more than $8 billion in the first ten days of September, almost all of it into physical AI infrastructure and applied AI.→
- Sep 9, 2026Harvey Hits $15.5B Valuation With $550M RoundLegal AI startup Harvey raised $550 million at a $15.5 billion valuation, nearly doubling its mark in nine months, with the fresh capital earmarked for building its own AI models rather than relying solely on frontier labs.→
- Aug 26, 2026Legal Tech Funding Dips Slightly From Record HighLegal tech startups have pulled in more than $7 billion in venture funding over the past two years, and 2026 dealmaking is easing only slightly from an all-time high as Legora and Harvey both go on acquisition sprees.→
Coverage Timeline
newest firstAll Coverage
FUNDING
September's Megadeals Already Top $8 Billion
Six companies -- The Boring Company, Cognition, Positron AI, Mach Industries, Harvey, and Ayar Labs -- have absorbed more than $8 billion in the first ten days of September, almost all of it into physical AI infrastructure and applied AI.
BY THE NUMBERS
Harvey Hits $15.5B Valuation With $550M Round
FUNDING$550M at $15.5B valuation
Harvey Hits $15.5B Valuation With $550M Round
Legal AI startup Harvey raised $550 million at a $15.5 billion valuation, nearly doubling its mark in nine months, with the fresh capital earmarked for building its own AI models rather than relying solely on frontier labs.
DEEP DIVE
Legal Tech Funding Dips Slightly From Record High
FUNDING$7B+ two-year total
Legal Tech Funding Dips Slightly From Record High
Legal tech startups have pulled in more than $7 billion in venture funding over the past two years, and 2026 dealmaking is easing only slightly from an all-time high as Legora and Harvey both go on acquisition sprees.
DEEP DIVE
Value Add Research
Related Companies
Competitors
Shared investors
Trace's Take
Harvey is the proof that vertical AI works: doubling ARR to ~$190M in five months and re-pricing from $8B to $11B in three, while landing the majority of the AmLaw 100. Law is the ideal first vertical — high billing rates, document-heavy workflows, and acute accuracy requirements that reward purpose-built agents over horizontal chatbots. The bet is that depth in one regulated profession is a moat the general assistants can't cross.
How Harvey makes money
Harvey sells AI agents and assistants that draft, review, and run legal and professional-services workflows, billed per-seat and per-enterprise to law firms, in-house legal teams, and asset managers.
Its customers span the majority of the AmLaw 100, 500+ in-house teams, and 50 asset-management firms across 60 countries. The strategy is vertical depth — purpose-built legal agents that horizontal assistants can't match on accuracy or workflow fit.
Competitors
- Legora — European legal-AI rival valued around $5.5B.
- Robin AI — Contract-focused legal AI.
- Thomson Reuters CoCounsel — Incumbent legal-research AI assistant.
- LexisNexis — Legal-data incumbent building AI tooling.
Profile sources (verified 2026-06-30): CNBC — Harvey raises $200M at $11B · Harvey — raises at $11B valuation · Sacra — Harvey
Harvey FAQ
What is Harvey's revenue/ARR?
Harvey reached roughly $190 million in ARR by January 2026, about double its $100 million figure from five months earlier.
What does Harvey AI do?
Harvey sells AI agents and assistants that draft, review, and run legal and professional-services workflows, billed per-seat and per-enterprise to law firms, in-house legal teams, and asset managers.
Who uses Harvey?
More than 100,000 lawyers across 1,300 organizations use Harvey, including the majority of the AmLaw 100, 500+ in-house legal teams, and 50 asset-management firms across 60 countries.
What is Harvey's valuation?
Harvey's valuation is $15.5B (As of Sep 23, 2026, Value Add Pulse research).
How much has Harvey raised?
Harvey has raised >$1.55B in total funding (As of Sep 9, 2026, TechCrunch).
Who are Harvey's investors?
Harvey's investors include Lightspeed Venture Partners, Sapphire Ventures, Goldman Sachs, JPMorgan, Kleiner Perkins, and 1 more (As of Sep 23, 2026).
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet3 facts
- Value Add Pulse researchValue Add VC data2 facts
- The Next WebValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.