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Legal AI / Vertical AIFounded 2022·San Francisco, CA

Harvey

The legal-AI leader putting autonomous agents inside the world's biggest law firms.

Updated June 30, 2026 · Analysis by Trace Cohen · harvey.ai

Valuation
~$11B

Mar 2026, GIC + Sequoia

~$11B
Valuation

Mar 2026, GIC + Sequoia

~$190M
ARR

Jan 2026 — ~2x in 5 months from $100M

100,000+
Lawyers using Harvey

across 1,300 organizations

Majority
of the AmLaw 100

as customers

Harvey's ARR ramp

From ~$100M in Aug 2025 to ~$190M by Jan 2026 — roughly 2x in five months.

Source: Company reports / press (2025–26)

Valuation: ~$11B

~$11B — a $200M round in March 2026 led by Singapore's GIC and Sequoia, up from an $8B mark just three months earlier (Dec 2025). Total raised tops $1B.

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.

Funding

Harvey has raised more than $1B, moving from an $8B valuation (Dec 2025) to ~$11B (Mar 2026, $200M, GIC + Sequoia). Backers include Sequoia, Kleiner Perkins, GV, OpenAI Startup Fund, Coatue, and GIC.

Competitive landscape

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.

TC

Trace's Take

Trace Cohen · early-stage VC

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.

Frequently asked questions

How much is Harvey worth?+

Harvey is valued at roughly $11 billion after a $200M round in March 2026 led by Singapore's GIC and Sequoia — up from an $8B mark just three months earlier. Total raised tops $1 billion.

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.

Related

Harvey AI revenue & valuation (analysis)→
AI company valuations→
AI IPO pipeline→

Sources

  • CNBC — Harvey raises $200M at $11B
  • Harvey — raises at $11B valuation
  • Sacra — Harvey

Analysis by Trace Cohen · @Trace_Cohen · t@nyvp.com. Figures are as of the update date; verify before relying on them.