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HarveyAI platform for the legal industry; OpenAI Startup Fund's first portfolio investment
Valuation (Mar 2026 Series F)
$11B
from $3B (Feb 2025); ~58x revenue
Annualized Revenue (Mar 2026)
~$190M
per Sacra; up from ~$100M (Oct 2025), toward ~$300M by mid-2026
Reach
100,000+ lawyers
across 1,300+ organizations; majority of the Am Law 100
OpenAI Startup Fund Position
First-ever portfolio investment
Nov 2022 seed predates the fund's broader portfolio
Total raised: ~$1B+ · Latest valuation: $11B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Seed | Nov 2022 | $5M | - | OpenAI Startup Fund (first-ever portfolio investment) |
| Series A | Apr 2023 | $21M | - | Sequoia (lead)OpenAI Startup FundConvictionElad Gil+1 more |
| Series B | Dec 2023 | $80M | $715M | Kleiner Perkins (lead)SequoiaOpenAI Startup FundConviction+1 more |
| Series C | Jul 2024 | $100M | $1.5B | Google Ventures (lead)KleinerSequoiaConviction+3 more |
| Series D | Feb 2025 | $300M | $3B | Sequoia (lead)CoatueKleiner PerkinsConviction+3 more |
| Series E | Aug 2025 | $150M | $5B | Existing investor syndicate (per The Information) |
| Series F | Mar 2026 | $200M | $11B | GIC (co-lead)Sequoia (co-lead) |
| Product | Type | Status |
|---|---|---|
| Harvey Assistant | General-purpose legal copilot for drafting, research, summarization | GA |
| Harvey Vault | Multi-document analysis, diligence, contract review | GA (Feb 2025) |
| Harvey Workflows | Multi-step legal automation (precedent-aware drafting, regulatory research) | GA |
| Harvey Build | Customer-built custom workflows on the Harvey platform | GA |
| Harvey Agents | Long-running multi-step legal agents with tool use + citations | GA (Jul 2025) |
First-ever OpenAI Startup Fund investment; OpenAI is the primary back-end model provider with custom legal fine-tuning.
First firm-wide deployment (Feb 2023); 4,500+ A&O Shearman lawyers; the case study that launched legal-AI.
Apr 2023 alliance; rollout to 4,000+ tax and legal professionals; PwC also referrals Harvey to its clients.
Global Big Four legal alliance partner; multi-country deployment.
Magic Circle + Am Law 100 firm-wide deployments referenced in case studies.
GIC co-led the Mar 2026 Series F; GV led the Series C.
Document management system integrations are essential for Vault adoption in big law.
Winston Weinberg (former O'Melveny & Myers litigator) and Gabriel Pereyra (ex-DeepMind, ex-Meta AI) launch Harvey
$5M from OpenAI Startup Fund makes Harvey the fund's very first portfolio company
First Am Law 100 deployment; 3,500+ A&O lawyers across 43 offices get access
Strategic alliance and rollout to 4,000+ PwC tax and legal professionals
Kleiner leads as Harvey customer count crosses 50 Am Law firms
$100M GV-led round; Workflows product turns one-shot drafting into multi-step legal automations
$300M Sequoia-led round; Vault product GA for document analysis and diligence
Long-running multi-step legal agents; transcribes deposition + drafts brief + cites authority autonomously
Per The Information; ARR reportedly ~$80M run-rate at close
$200M co-led by GIC and Sequoia, just months after an $8B valuation; 100,000+ lawyers across 1,300 organizations
AI for elite law firms and professional-services teams. Customer roster includes Allen and Overy, PwC, and many Magic Circle and AmLaw 100 firms. Series D raised $300M at a $3B valuation in 2025 led by Sequoia and Kleiner Perkins. Harvey was founded in 2022, is headquartered in San Francisco, CA and employs ~350.
Harvey has raised ~$1B+ in total at a $11B valuation, based on the funding rounds Sterling tracks.
Sterling groups Harvey in the AI Software sector, alongside Sierra (private), Decagon (private), SoundHound AI (SOUN), Veritone (VERI) and Axon Enterprise (AXON).
If you are researching Harvey, also look at SoundHound AI (SOUN), Veritone (VERI) and Axon Enterprise (AXON). You can compare all of them side by side or browse the full AI Software sector on Sterling.
