Full-Time
Posted on 2/19/2025
Custom AI solutions for law firms
Junior, Mid
London, UK
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Harvey.ai creates custom Large Language Models (LLMs) for elite law firms to help them address complex legal challenges efficiently. Their AI technology streamlines operations and improves decision-making, exemplified by an AI chatbot developed with Allen & Overy. Unlike competitors, Harvey.ai focuses on tailored solutions for top-tier firms, charging for both customization and ongoing support. The company's goal is to enhance the legal industry by providing advanced AI tools that improve efficiency and effectiveness.
Company Size
201-500
Company Stage
Series D
Total Funding
$492.2M
Headquarters
San Francisco, California
Founded
2022
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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.)
Sequoia Capital is in talks to lead a $300 million funding round for artificial intelligence startup Harvey, a deal that would value the company at $3 billion, according to people familiar with the matter.