Harvey AI Inc. has raised $250 million in a Series C round, valuing the company at $11 billion. The investment was co-led by GIC and Sequoia, with participation from Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins.
The startup provides artificial intelligence tools tailored for legal professionals, automating tasks like identifying relevant laws, drafting documents, and updating contracts to comply with new regulations. Its platform supports complex document review through a tool called Vault, capable of analyzing up to 100,000 files-streamlining discovery processes and intellectual property management.
Harvey recently launched Agent Builder, enabling clients to create custom AI agents that follow internal protocols and execute multi-step workflows. Over 25,000 such agents have been built on the platform to date. Proceeds from the funding will expand these agent capabilities and scale embedded engineering support for client AI initiatives.