Harvey Raises $200 Million at $11 Billion as VCs Chase Legal AI
Harvey raised $200 million at an $11 billion valuation, its fourth fundraise in fourteen months. Revenue doubled to $190 million. As AI-native law firms emerge and venture capital splits between model companies and vertical AI, the legal profession faces its biggest shift.
Harvey raised two hundred million dollars Wednesday at an eleven billion dollar valuation, with Singapore's GIC sovereign wealth fund and Sequoia Capital splitting the lead. Fourth fundraise in fourteen months. The math works out to roughly 58 times the company's annual revenue of $190 million, a multiple that would make any traditional software investor flinch. Three years ago, the founder was a junior associate cold-emailing Sam Altman. The distance between that inbox and this valuation tells you more about where venture capital is heading than any single company story.
Maps the India–Germany–U.S. AI triangle from New Delhi. Background in cross-market operations and business development. Writes about supply chains, enterprise adoption, and talent—the unsexy forces that actually move global AI.
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