Harvey AI Raises $300M at $5B Valuation
Harvey AI, a San Francisco-based generative AI platform for the legal and professional services industries, has raised $300 million in Series E funding at a $5 billion valuation.
The round was co-led by Kleiner Perkins and Coatue, with participation from existing investors including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia.
Kleiner Perkins is a venture capital firm founded in 1972 and based in Menlo Park, California. The firm invests in early-stage, incubation, and growth-stage companies across technology, life sciences, and green tech. It supports founders with capital, strategic advice, and operational guidance.
Coatue Management is a global investment firm focused on technology, with over $50 billion in assets under management. Founded in 1999, it invests across public and private markets, including early-stage ventures, growth equity, and structured capital.
The company will use the funds to double its team, enhance its legal AI offerings, and expand into adjacent sectors such as tax and accounting.
Harvey AI is a legaltech company that builds custom large language models (LLMs) for the legal, tax, and professional services industries. Its product modules include assistant, vault (Docs), knowledge, and workflows. Harvey uses generative AI to automate complex tasks such as legal research, contract drafting, compliance, and due diligence. Headquartered in San Francisco, California, Harvey AI serves 235 customers in 42 countries.
Funding Details
Company: Counsel AI Corporation (Harvey AI)
Raised: $300.0M
Round: Series E
Funding Date: June 2025
Lead Investors: Kleiner Perkins, Coatue
Additional Investors: Conviction, Elad Gil, OpenAI Startup Fund, Sequoia
Company Website: https://www.harvey.ai/
Software Category: AI / LegalTech / Professional Services Automation