Full-Time
Confirmed live in the last 24 hours
Custom AI solutions for law firms
$200k - $280kAnnually
Mid, Senior
New York, NY, USA
Harvey.ai builds custom Large Language Models (LLMs) specifically designed for elite law firms to tackle complex legal challenges across various jurisdictions and legal systems. Their AI technology helps streamline operations, reduce manual workloads, and enhance decision-making processes. A notable product is their AI chatbot, developed in collaboration with Allen & Overy, which demonstrates significant efficiency improvements in legal work. Unlike many competitors, Harvey.ai focuses on bespoke AI solutions, charging clients for initial customization and ongoing subscription fees for support and updates. The company's goal is to enhance the efficiency and accuracy of legal practices while ensuring top-notch data security, as evidenced by their dedicated Security Advisory Board and adherence to leading security certifications.
Company Size
201-500
Company Stage
Series D
Total Funding
$492.2M
Headquarters
San Francisco, California
Founded
2022
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Harvey raised $300 million in a Series D funding round at a $3 billion valuation, led by Sequoia and including investors like Coatue, Kleiner Perkins, and OpenAI Startup Fund. The company experienced 4x ARR growth and expanded to 235 customers in 42 countries, including top US law firms. The funding will enhance the platform and expand enterprise use cases. Harvey also opened a London office as its European HQ. The previous Series C round in July 2024 raised $100 million at a $1.5 billion valuation.
Return investors Sequoia, Kleiner Perkins, GV, Elad Gil, Conviction and OpenAI Startup Fund joined by new investors Coatue and LexisNexis at a $3B valuation.
LexisNexis' parent company, RELX, invested in rival AI firm Harvey through its venture arm, REV, despite Harvey's tools competing with LexisNexis products. Harvey raised $300 million at a $3 billion valuation. RELX claims the investment won't affect LexisNexis' product plans or involve cross-selling. REV aims to support innovative companies, but the strategic benefit to LexisNexis customers remains unclear.
The generative artificial intelligence platform Harvey became one of the most valued legal technology companies on Wednesday after securing a $300 million Series D investment...
Mistral AI, France’s open-source answer to OpenAI, plans to go public instead of being acquired. “We are not for sale,” CEO and co-founder Arthur Mensch told Bloomberg TV Tuesday (Jan. 21). There had been speculation that the startup would be acquired by Microsoft, in part due to a partnership and the tech giant’s investment of 15 million euros ($15.6 million) in Mistral. (Microsoft has invested nearly $14 billion in OpenAI.)