What is Harvey AI reportedly in talks to raise?

Harvey AI is reportedly in talks to raise another $200 million.

What is Harvey AI's reported valuation?

Harvey AI is reportedly in talks to be valued at $11 billion.

What was Harvey AI's annual recurring revenue?

By the end of 2025, Harvey AI achieved an annual recurring revenue rate of $190 million.

Home / Business and Economy / AI Law Startup Harvey Eyes $11B Valuation

AI Law Startup Harvey Eyes $11B Valuation

10 Feb

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Summary

Harvey is reportedly in talks to raise $200 million.
The startup's valuation could reach $11 billion.
Harvey achieved $190 million in annual recurring revenue.

AI Law Startup Harvey Eyes $11B Valuation

Legal AI innovator Harvey is reportedly in talks to raise another $200 million, with a potential valuation of $11 billion. This new funding round is expected to be led by prominent investors Sequoia and Singapore's GIC.

This potential deal signifies substantial growth for Harvey, as its valuation would increase by $3 billion in just a few months. In December 2025, the company had already announced a $160 million funding round at an $8 billion valuation, led by Andreessen Horowitz.

Further demonstrating its rapid ascent, Harvey's annual recurring revenue reached $190 million by the end of 2025. This figure nearly doubled from $100 million reported in August 2025, highlighting the company's strong market traction.