Harvey, a leading AI company revolutionizing legal and professional services, has secured a Series D financing round led by Sequoia, with participation from Coatue, Kleiner Perkins, OpenAI Startup Fund, GV, Conviction, Elad Gil, and REV, the venture capital arm of RELX Group, which owns LexisNexis Legal & Professional.
In 2024, Harvey experienced a fourfold increase in annual recurring revenue (ARR), growing its customer base from 40 to 235 across 42 countries, including most of the top 10 US law firms. The legal industry is adopting AI-driven solutions at an unprecedented rate, with law firms embracing new business models and enterprises leveraging AI to drive cost efficiencies and optimize workflows. This momentum is expected to accelerate further in 2025.
With this latest investment, Harvey plans to enhance its AI-powered platform, scale agentic workflows, expand integrated enterprise applications, and continue growing its global team, further cementing its role as a leader in AI-enabled legal transformation.
