How Much Did Harvey Raise? Funding & Key Investors

Date August 23, 2025
H

Harvey

COMPANY INFO

Harvey, officially developed by Counsel AI Corporation, was founded in 2022 by Winston Weinberg and Gabriel Pereyra. It is a generative AI company specializing in providing customized large language models for the legal industry, helping law firms and in-house legal teams with research, document review, and contract analysis. As of early 2025, Harvey had about 82 employees and is headquartered in San Francisco, California. The company is backed by investors including Sequoia Capital and OpenAI's startup fund, and its website is www.harvey.ai. Harvey's mission is to accelerate professional mastery by blending deep industry knowledge with cutting-edge innovation to help legal professionals develop expertise faster.

How Much Did Harvey Raise? Funding & Rounds and Investors

Harvey, officially developed by Counsel AI Corporation, was founded in 2022 by Winston Weinberg and Gabriel Pereyra. Harvey operates in the Legal Technology and Artificial Intelligence industry, specializing in generative AI solutions tailored for the legal profession. The company's platform delivers customized large language models to assist law firms and in-house legal teams with legal research, document review, and contract analysis. Headquartered in San Francisco, California, Harvey's mission is to accelerate mastery in professional services by blending deep industry expertise with innovative AI technologies to empower legal professionals.

Harvey funding has been robust, with the company raising a total of $806 million across 6 funding rounds to date. Harvey investors include top-tier venture capital names such as Sequoia Capital, OpenAI Startup Fund, Kleiner Perkins, Coatue, Google Ventures, Conviction, Elad Gil, and REV. Harvey funding rounds began with initial seed and Series A investments to launch and build out its foundational platform, followed by later rounds aimed at scaling operations, expanding internationally, and developing advanced AI tools for the legal industry. Key milestones include a $300 million Series E in June 2025 at a $5 billion valuation, reflecting strong investor interest and rapid market adoption. Harvey’s venture capital strategy has focused on supporting aggressive growth, technology leadership, and global market penetration.

Funding Rounds

Series E - $300M - June 2025

This round was raised to fuel Harvey’s international expansion and support its growing global customer base. The funds will help to extend AI legal assistant services to more jurisdictions and further scale the company’s enterprise operations.

Series D - $300M - February 2025

The Series D round was aimed at further developing Harvey’s AI legal assistant platform and deepening market penetration. The capital also supported enhancements to product security and scalability, contributing to a $3 billion valuation at the round.

Series C - $100M - July 2024

Funds from the Series C were earmarked to accelerate product development, expand go-to-market activities, and broaden Harvey’s reach in the legal tech market.

Series B - $80M - December 2023

This round enabled Harvey to scale operations and enter new markets, focusing on hiring, infrastructure, and strategic partnerships to power the next phase of growth.

Series A - $21M - April 2023

The Series A investment was used to boost hiring and to enhance the capabilities of Harvey’s core AI platform, laying a strong foundation for product and market expansion.

Seed Round - $5M - November 2022

The seed round provided initial capital to kickstart development of Harvey’s AI-driven tools targeting legal professionals, allowing the company to build its MVP and hire foundational team members.

Key Investors

Sequoia Capital

One of the world’s leading venture capital firms, Sequoia Capital played a pivotal role in Harvey’s early and later-stage funding rounds, including leading the Series A and Series D. Sequoia’s backing brings deep expertise in scaling technology companies and offers Harvey significant industry connections.

Kleiner Perkins

Kleiner Perkins co-led Harvey’s record-breaking $300 million Series E round and was a key investor in the Series B round as well. The firm’s involvement demonstrates strong confidence in Harvey’s long-term potential in the AI and legal tech space.

Google Ventures

Reputable for investing in groundbreaking technology startups, Google Ventures led the $100 million Series C round, supporting Harvey’s product acceleration and market reach.

OpenAI Startup Fund

As the lead backer of Harvey’s seed round, OpenAI’s startup fund provided foundational support, helping launch the company’s initial AI-driven legal tools.

Coatue

Coatue co-led the Series E round alongside Kleiner Perkins, bringing expertise in scaling global technology ventures and supporting Harvey’s international expansion efforts.

Conviction

Conviction is a venture capital fund known for strategic investments in high-growth AI and software startups, contributing to Harvey’s continued innovation and market leadership.

Elad Gil

A prominent angel investor and operator, Elad Gil invested in Harvey’s Series B round. His involvement has helped shape Harvey’s strategic direction and provided impactful startup expertise.

REV

REV is a technology-focused fund that participated in several Harvey funding rounds, contributing capital and strategic resources to Harvey’s growth journey.

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