Harvey, the AI platform positioning itself as core legal infrastructure for law firms and in-house teams, has raised $200 million in new funding at an $11 billion valuation, underscoring the rapid investor conviction behind legal AI.
The round was co-led by returning investors GIC and Sequoia, with participation from Andreessen Horowitz, Coatue, Kleiner Perkins, Conviction Partners, Elad Gil, and others. The company said the capital will be used to expand the number and sophistication of AI agents running on its platform, as well as to scale its global legal engineering teams.
Founded in 2022, Harvey has already far surpassed the valuations of longstanding legaltech companies Clio and Filevine, which have an estimated valuation of $5 billion and $3 billion respectively.
The valuation places Harvey among the most highly valued companies in legal technology history, reflecting a broader shift in how legal work is being structured and delivered.
According to Harvey, more than 100,000 lawyers across 1,300 organizations are now using the platform, including a majority of the AmLaw 100, over 500 in-house legal teams, and 50 asset managers operating across 60 countries.
At the centre of Harvey’s approach is the concept of AI agents executing end-to-end legal workflows. The company says more than 25,000 custom agents are already deployed on its platform, handling tasks ranging from due diligence and contract drafting to complex, multi-step processes such as fund formation.
“AI isn’t just assisting lawyers. It’s becoming the system through which legal work gets done,” said Winston Weinberg, CEO and co-founder of Harvey.
That shift—from AI as a productivity tool to AI as execution layer—is increasingly shaping how leading firms are adopting the technology. Rather than using AI for discrete tasks, firms are building agents that can manage entire workflows over extended periods, reducing manual effort while allowing lawyers to focus on higher-value strategic work.
Harvey’s model also includes embedded legal engineering teams that work directly with customers to design, deploy, and refine these agents. The company has also introduced “Shared Spaces,” enabling secure collaboration between internal legal teams and external partners using AI-driven workflows.
For investors, the bet is not just on adoption, but on platform dominance.
“Harvey has become the platform on which legal work runs,” said Sequoia partner Pat Grady, noting that the firm has now co-led three rounds in the company—an uncommon level of repeat conviction.
Recent customer expansions include global firms such as DLA Piper International and Corrs Chambers Westgarth, alongside enterprise clients including NBCUniversal and HSBC. Irish firm McCann Fitzgerald has deployed Harvey firmwide.
The funding follows the launch of Harvey’s Customer Advisory Board, as the company deepens relationships with large enterprise and law firm clients.
With more than $1 billion in total funding raised to date, Harvey’s latest round signals that legal AI is moving beyond experimentation and into core infrastructure—reshaping how legal services are produced, delivered, and scaled.