Company intelligence

Harvey

Legal AI company; raised $550M at a $15.5B valuation in September 2026, up from $11B in March 2026.

Legal techSan Francisco, California, USAFounded 2022Website β†—See connections β†’Compare with Temporal
Last verified Sep 9, 2026

Key Metrics

Valuation
$15.5B
As of Sep 9, 2026TechCrunch
Revenue
>$400M
As of Sep 9, 2026TechCrunch
Total funding
>$1.55B
As of Sep 9, 2026TechCrunch

Company Snapshot

Harvey is a Legal tech company, based in San Francisco, California, USA, founded 2022. Latest valuation $15.5B (As of Sep 9, 2026, TechCrunch). Total funding >$1.55B (As of Sep 9, 2026).

Recent changes

  1. Sep 9, 2026Raised $550M at a $15.5B valuation TechCrunch
  2. Sep 9, 2026First reported revenue: >$400M TechCrunch
  3. Sep 9, 2026First reported total funding: >$1.55B TechCrunch
  4. Sep 9, 2026New investor: Lightspeed Venture Partners TechCrunch
  5. Sep 9, 2026New investor: Whale Rock TechCrunch
Earlier changes (7)
  1. Sep 9, 2026New investor: Sapphire Ventures TechCrunch
  2. Sep 9, 2026Harvey Hits $15.5B Valuation With $550M Round Pulse story
  3. Sep 9, 2026Revenue rose from ~$190M (Jan 2026 β€” ~2x in 5 months from $100M) to >$400M TechCrunch
  4. Sep 9, 2026Valuation rose from $11B to $15.5B TechCrunch
  5. Mar 2026Raised $200M Series (unspecified) at a $11B valuation The Next Web
  6. Mar 2026First reported valuation: $11B TechCrunch
  7. Jan 2026First reported arr: ~$190M (Jan 2026 β€” ~2x in 5 months from $100M)Estimated CNBC β€” Harvey raises $200M at $11B

Funding History

2 events Β· sources dated per row
DateEventAmountValuationInvestorsSource
Sep 9, 2026funding round$550M$15.5BTechCrunch
Mar 2026Series (unspecified)$200M$11B
The Next Web
Funding timeline Β· 2 rounds Β· $750M tracked
$0.0M$308M$616M$200MSeries (unspecMar 26$550MRoundSep 26
Valuation over time
$0M$8.5B$17B2026-032026-09
Underlying values
As ofValueMethodSource
Sep 9, 2026$15.5BReportedHarvey
Sep 9, 2026$15.5BReportedTechCrunch
Mar 25, 2026$11BReportedValue Add VC entity registry
Mar 2026$11BReportedHarvey
Mar 2026$11BReportedThe Next Web
Mar 2026~$11B (Mar 2026, GIC + Sequoia)EstimatedCNBC β€” Harvey raises $200M at $11B
Mar 2026~$11BEstimatedCNBC β€” Harvey raises $200M at $11B
Mar 2026$11BReportedTechCrunch

Investors

Latest Pulse

  1. September'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.β†’
  2. Harvey 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.β†’
  3. Legal 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.β†’

Coverage Timeline

newest first
  1. Sep 11, 2026FUNDINGSeptember's Megadeals Already Top $8 Billion→
  2. Sep 9, 2026FUNDINGHarvey Hits $15.5B Valuation With $550M Round$550M at $15.5B valuation→
  3. Aug 26, 2026FUNDINGLegal Tech Funding Dips Slightly From Record High$7B+ two-year total→

All Coverage

Value Add Research

Related Companies

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 β€” 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 β€” purpose-built legal agents that horizontal assistants can't match on accuracy or workflow fit.

Competitors

  • Legora β€” European legal-AI rival valued around $5.5B.
  • Robin AI β€” Contract-focused legal AI.
  • Thomson Reuters CoCounsel β€” Incumbent legal-research AI assistant.
  • LexisNexis β€” Legal-data incumbent building AI tooling.

Profile sources (verified 2026-06-30): CNBC β€” Harvey raises $200M at $11B Β· Harvey β€” raises at $11B valuation Β· Sacra β€” Harvey

More on HarveyVerified figures in Data Truth β†’Harvey AI revenue & valuation (analysis) β†’AI company valuations β†’AI IPO pipeline β†’

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 9, 2026, TechCrunch).

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, Whale Rock, Goldman Sachs, JPMorgan, and 2 more (As of Sep 9, 2026).

Sources & methodologyshow
Where these figures come from

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.

How we verify data Β· Suggest a correction