Harvey Raises $300M in Series D
Harvey has successfully raised $300M in a Series D at a $3B valuation led by Sequoia Capital, Kleiner Perkins.
Company Overview
Harvey is a LegalTech company headquartered in San Francisco, CA, founded in 2023 with 150+ employees.
AI-driven tools to assist legal professionals with research and drafting
Fundraising Details
- Amount Raised: $300M
- Round Type: Series D
- Valuation: $3B
- Date: 2025-02-11
- Investors: Sequoia Capital, Kleiner Perkins
About Harvey
AI-driven tools to assist legal professionals with research and drafting The company is positioned in the LegalTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2023
- Team Size: 150+
- Industry: LegalTech
What This Means
This funding round demonstrates strong investor confidence in Harvey's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The LegalTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Harvey's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3B valuation marks an important milestone for Harvey, positioning the company among notable players in the LegalTech industry.
Looking Ahead
With this new capital, Harvey is well-positioned to execute on its growth strategy and continue building innovative solutions in the LegalTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-02-11. For more information about Harvey, visit their headquarters at San Francisco, CA.