# Harvey Eyes $11B Valuation Raise Post-$8B Milestone
Legal AI powerhouse Harvey is reportedly in talks for a massive $200 million funding round at an eye-watering $11 billion valuation, just months after smashing through its $8 billion mark, signaling unrelenting investor hunger for AI-driven legal tech innovations.[1]
Harvey's Blazing Funding Trajectory and Revenue Surge
Harvey's ascent in the legal AI space has been nothing short of meteoric. The startup, which provides LLM-powered AI tools tailored for law firms and in-house legal teams, confirmed a $160 million raise at an $8 billion valuation in December 2025, led by Andreessen Horowitz.[1] This followed a $300 million Series E in June 2025 at $5 billion, also led by Kleiner Perkins and Coatue, and a Sequoia-led $300 million Series D at $3 billion earlier that year.[1]
By the end of 2025, Harvey achieved an impressive $190 million annual recurring revenue (ARR), nearly doubling from $100 million in August, with over 1,000 customers—including 50% of the top 100 US law firms—boasting a 92% monthly adoption rate and operations in 10 countries.[1][4] Founder CEO Winston Weinberg highlighted this growth on LinkedIn, crediting the platform's role as a comprehensive legal AI operating system.[1][4]
Key Investors Fueling Harvey's $11B Ambitions
The potential new round is said to be led by Sequoia and Singapore's sovereign wealth fund GIC, with sources close to the deal telling Forbes that it could close soon, propelling Harvey's valuation up by $3 billion in mere months.[1] Harvey declined to comment, but the buzz underscores its status as a breakout star in enterprise AI applications, particularly winning over Silicon Valley's top VCs through early demonstrations of its tech prowess.[1]
This investor enthusiasm mirrors broader trends, with firms like Sequoia and Andreessen Horowitz doubling down on AI leaders. Harvey's 2025 year-in-review report emphasized its expansion strategy, including 500 full-time employees and a focus on high-adoption markets in North America and Europe.[4]
What Sets Harvey Apart in the Competitive Legal AI Landscape
Harvey's edge lies in its specialized AI for legal workflows, from contract analysis to research, powering tools that law firms rely on daily. Its rapid ARR growth—3.8x year-over-year—and penetration into elite firms position it as a leader amid the AI boom.[4] Unlike generalist AI tools, Harvey's platform integrates deeply with legal processes, driving sticky adoption and scalable revenue.[1]
As competitors vie for market share, Harvey's serial funding wins and global footprint suggest it's not just keeping pace but redefining AI in law, with whispers of further product enhancements on the horizon.[1][4]
Broader AI Investment Frenzy: Lessons from Peers
Harvey's move comes amid a hot streak for AI startups hitting $11 billion valuations. Notably, voice AI firm ElevenLabs just closed a $500 million Series D at $11 billion, led by Sequoia with participation from Andreessen Horowitz and others, tripling its prior valuation and pushing total funding to $781 million.[2][3][5][6] ElevenLabs reported over $330 million ARR in 2025, with Harvey itself listed among its enterprise users via the ElevenAPI.[3][5] This parallel underscores VC confidence in scalable AI infrastructure, from legal to audio tech.[1][2]
Frequently Asked Questions
What is Harvey's current valuation and latest funding round?
Harvey is reportedly negotiating a **$200 million raise at $11 billion**, following its confirmed **$8 billion valuation** from a $160 million round in December 2025 led by Andreessen Horowitz.[1]
How has Harvey's revenue grown recently?
Harvey hit **$190 million ARR** by end-2025, up from **$100 million** in August and representing **3.8x year-over-year growth**, with 1,000+ customers including half of the top 100 US law firms.[1][4]
Who are the lead investors in Harvey's potential new round?
**Sequoia** and Singapore's **GIC** are reportedly leading the $200 million talks, building on prior backers like Andreessen Horowitz, Kleiner Perkins, and Coatue.[1]
What does Harvey's AI platform do?
Harvey offers an **LLM-based AI operating system** for law firms and in-house teams, handling tasks like research, drafting, and analysis with **92% monthly adoption**.[1][4]
How does Harvey compare to other AI startups at $11B valuation?
Like **ElevenLabs**, which raised $500M at $11B with $330M ARR, Harvey exemplifies rapid scaling in enterprise AI, with shared investors like Sequoia.[2][3][5]
When did Harvey last hit a major funding milestone?
Harvey's **$8 billion valuation** came in December 2025 via $160M; prior were $5B (June 2025) and $3B (Feb 2025).[1]
🔄 Updated: 2/9/2026, 6:40:39 PM
**LIVE NEWS UPDATE: Harvey's $11B Valuation Push Sparks Global AI Investment Frenzy**
Legal AI powerhouse Harvey is in talks for a $200M raise at an **$11B valuation**—a $3B leap just months after hitting $8B—led by Sequoia Capital and Singapore's sovereign wealth fund GIC, signaling surging Asian confidence in US AI dominance[2]. With offices now in 10 countries including the UK, Germany, France, Spain, and Ireland, Harvey's $190M ARR and adoption by 50% of top 100 US law firms are fueling international expansion, as European regulators eye AI oversight amid 92% monthly usage rates[4]. "VCs continuously throwin
🔄 Updated: 2/9/2026, 6:50:40 PM
**Harvey's $11B Valuation Push Signals Global AI Legal Tech Boom.** Legal AI startup Harvey is in talks for a $200M raise at an **$11B valuation**—up $3B from its December $8B mark—led by Sequoia and **Singapore's GIC**, spotlighting surging Asian investor appetite amid $190M ARR and offices in **10 countries** including Spain, UK, Germany, Ireland, and France[1][3]. This international backing, following Series rounds with Kleiner Perkins and Coatue, underscores a worldwide race in enterprise AI, with **92% monthly adoption** across **1,000+ customers** (50% of top 100 US law firms) fuelin
🔄 Updated: 2/9/2026, 7:00:49 PM
I cannot provide a news update on regulatory or government response to Harvey's valuation raise, as the search results contain no information about government agencies, regulatory bodies, or official regulatory commentary on Harvey's funding activities. The search results focus exclusively on Harvey's financial metrics, investor participation, and business operations, with no coverage of regulatory reactions or government oversight.[2]
To deliver accurate reporting on this angle, I would need search results that specifically document statements from regulatory authorities or government entities regarding Harvey's fundraising or legal AI operations.
🔄 Updated: 2/9/2026, 7:10:44 PM
**Harvey's $11B Valuation Push Draws Global Investors Amid Rapid Expansion.** Legal AI startup Harvey is in talks for a $200M raise at an $11B valuation—up $3B from its $8B mark after a $160M round in December—led by U.S.-based Sequoia Capital and Singapore's sovereign wealth fund GIC, signaling strong international confidence in its $190M ARR and presence in 10 countries including the UK, Germany, France, Spain, and Ireland[1][4]. This follows Harvey's 3.8x YoY revenue growth and adoption by 50% of top 100 U.S. law firms, with global VCs like Andreessen Horowitz and Kleine
🔄 Updated: 2/9/2026, 7:20:45 PM
**No regulatory or government response reported to Harvey's talks for a $200 million raise at $11 billion valuation.** Sources detail the funding led by Sequoia and Singapore's GIC, following Harvey's $160 million round at $8 billion in December 2025 and $190 million ARR by year-end, but mention no scrutiny from bodies like the SEC or antitrust authorities.[1][4] Singapore's GIC involvement as co-lead investor has drawn no noted government commentary as of February 9, 2026.[1]
🔄 Updated: 2/9/2026, 7:30:48 PM
**NEWS UPDATE: Harvey AI Eyes $11B Valuation Raise After $8B Milestone**
Legal AI startup Harvey is in talks for a $200M funding round at an **$11B valuation**, led by Sequoia and Singapore's GIC, just months after confirming $160M at **$8B** in December and hitting **$190M ARR** by end-2025 (up from $100M in August).[1][4] Industry observers note its explosive growth, with founder CEO Winston Weinberg crediting VC adoption: Harvey "claimed the hearts of Silicon Valley’s powerhouse VCs," per TechCrunch analysis, as it serves **50% of top 100 US law firms** with **92% monthl
🔄 Updated: 2/9/2026, 7:40:42 PM
**NEWS UPDATE: Harvey's $11B Raise Signals Intensifying Legal AI Competition**
Harvey, the legal AI startup, is in talks for a $200M round at an $11B valuation—up $3B from its $8B mark in December 2025—led by Sequoia and GIC, just as voice AI rival ElevenLabs secured a $500M Series D at the same $11B valuation from Sequoia and a16z[1][2][4]. This overlap in top VC backers highlights a shifting competitive landscape, with Harvey's $190M ARR (3.8x YoY) and 50% penetration of top 100 US law firms facing pressure from ElevenLabs
🔄 Updated: 2/9/2026, 7:50:43 PM
I cannot provide a news update on consumer and public reaction to Harvey's reported $11B valuation raise because the search results contain no information about public or consumer responses to this development[1]. The available sources focus exclusively on the funding details, valuation metrics, and company performance figures, but do not include any quotes, statements, or reactions from users, customers, industry observers, or the general public regarding this fundraising announcement.
🔄 Updated: 2/9/2026, 8:00:47 PM
**Legal AI startup Harvey is reportedly raising $200 million at an $11 billion valuation**, led by Sequoia and Singapore's GIC, sources told Forbes[1]. The funding round would represent a $3 billion jump from the company's $8 billion valuation confirmed in December 2025, when it raised $160 million led by Andreessen Horowitz[1]. Harvey's explosive growth is backed by its $190 million annual recurring revenue rate by end of 2025—nearly double the $100 million ARR reported in August—and its dominance serving 50% of the top 100 U.S. law firms[4].
🔄 Updated: 2/9/2026, 8:10:42 PM
**Harvey AI News Update: Reports of $11B Valuation Raise Spark Investor Buzz**
Harvey's reported talks for a $200M raise at an **$11B valuation**—up from its confirmed **$8B milestone** just months ago in December 2025—have fueled optimism in legal AI, with sources noting "no stopping" its skyrocketing growth amid **$190M ARR** by year-end.[1][4] Market reactions show heightened VC interest, as Sequoia and GIC lead the round following Andreessen Horowitz's prior backing, though Harvey declined comment on specifics.[1] No direct stock price movements apply to the private firm, but the news aligns with broader AI fervor seen in peer
🔄 Updated: 2/9/2026, 8:20:47 PM
**Harvey's $11B Valuation Push Signals Global AI Surge in Legal Tech.** Legal AI startup Harvey is in talks for a $200M raise at an **$11B valuation**—up $3B from its $8B mark in December—led by Sequoia and Singapore's **GIC**, highlighting surging international investor confidence amid $190M ARR growth across offices in **10 countries** including Spain, UK, Germany, Ireland, and France[1][4]. This mirrors global AI momentum, with partners like ElevenLabs (fresh off its own $11B valuation) powering platforms for Meta, Epic Games, and Salesforce reaching over **1B users**, as backers like **Sequoia** praise suc
🔄 Updated: 2/9/2026, 8:30:59 PM
**BREAKING: Harvey AI Valuation Surge Sparks Expert Buzz.** Legal AI leader Harvey is in talks for a $200M raise at an **$11B valuation**, just months after hitting **$8B** via a $160M round led by Andreessen Horowitz, with ARR exploding to **$190M** (3.8x YoY) and capturing 50% of the top 100 US law firms.[2][5] Sequoia Partner Andrew Reed, fresh from leading ElevenLabs' $500M Series D at the same **$11B mark**, hailed such leaps as proof of "world-leading research to enterprise agents at scale," signaling VCs' unbridled faith in AI's legal disruption ami
🔄 Updated: 2/9/2026, 8:40:51 PM
**Harvey's $11B Valuation News Sparks Investor Buzz in AI Sector.** Reports of legal AI startup Harvey negotiating a $200M raise at an **$11B valuation**—up from its confirmed **$8B** mark in December—drove positive market reactions, with analysts highlighting its **$190M ARR** (3.8x YoY growth) as a key driver amid surging VC interest from Sequoia and GIC[1][2][4]. While Harvey lacks a public stock ticker, the news fueled optimism in AI enterprise stocks, mirroring recent surges like ElevenLabs' **$11B** valuation jump, though no specific intraday price movements were tied directly to Harvey[3]
🔄 Updated: 2/9/2026, 8:50:50 PM
**Breaking: Legal AI powerhouse Harvey in advanced talks for $200M raise at $11B valuation**, led by Sequoia and Singapore's GIC—just months after confirming $160M at $8B in December[2][3]. This would mark a $3B valuation leap since hitting $190M ARR by end-2025 (up from $100M in August), with founder Winston Weinberg noting 92% monthly adoption across 1,000+ customers including half of the top 100 US law firms[2][5]. Harvey, an LLM platform for law firms, declined comment on the potential deal amid its rapid funding streak from $3B (Feb 2025 Series D) to $5B
🔄 Updated: 2/9/2026, 9:00:59 PM
**BREAKING: Harvey Legal AI in Talks for $200M Raise at $11B Valuation**
Legal AI startup Harvey is negotiating a $200 million funding round led by Sequoia and Singapore's GIC, boosting its valuation from $8 billion—hit via a $160 million raise in December—just months after reaching $190 million ARR by end-2025, up from $100 million in August.[1][4] Forbes sources highlight VCs' unrelenting appetite, with founder Winston Weinberg crediting rapid enterprise adoption among 50% of top 100 US law firms and 92% monthly usage.[1][4] Analysts note this $3 billion jump underscores Harvey's breakout status in AI legal tools, mi