Harvey raises $80M Series B from Elad Gil, Kleiner Perkins, OpenAI and Sequoia

80 millions on series b

Our Series B is co-led by Elad Gil and Kleiner Perkins with participation from OpenAI Startup Fund and Sequoia. The $80 million investment brings Harvey’s total funding to over $100 million and values Harvey at $715 million.

We are grateful to our existing investors EladPatCharlieBrad, and Ian for their ongoing commitment and support, and look forward to working closely with IlyaMamoonEverett and the rest of the Kleiner Perkins team. We also thank our customers for trusting Harvey for complex, sensitive work and for partnering with us in deploying generative AI to augment productivity and streamline workflows.

Over the past year, Harvey has established itself as a secure generative AI platform for sophisticated professional services and has earned the trust of leading law firms, in-house teams, professional service providers and private equity firms. Engagement on the platform has increased exponentially, revenue has risen more than tenfold since April and we have assembled a world-class, multidisciplinary team.

In collaboration with OpenAI, we have developed domain-specific foundation models to address the most complex needs of our clients and advance the frontier of applied AI for professional services. Looking ahead, we will use our Series B funding to expand our custom model building, scale our team and build out our suite of product features. This year has been transformative for Harvey, and we are energized to invest in our products and team to enable our customers to harness the full potential of generative AI.