Harvey Raises $550M at $15.5B Valuation

Harvey, a legal artificial intelligence company based in San Francisco, has announced the completion of a $550 million funding round. This latest capital infusion, which brings the company's valuation to $15.5 billion, marks a significant milestone in the company's growth as it continues to advance its AI-powered solutions for the legal industry.

Investors

The funding round was led by Diffusion and Lightspeed Venture Partners, both new investors. Additional participation included existing investors Sequoia, Kleiner Perkins, Andreessen Horowitz, Coatue, Conviction, Elad Gil, Evantic, GIC, Goldman Sachs Alternatives, Verified Capital, and WNDR, alongside new investors Sapphire Ventures and Whale Rock.

Harvey Use of Funds

While specific granular details regarding the use of proceeds were not disclosed, the funding coincides with Harvey’s strategic acquisition of Guardrails AI, an artificial intelligence security platform for agents, indicating a focus on expanding its technological capabilities and agent security infrastructure.

About Harvey

Harvey is an AI-powered legal technology company that provides legal professionals with AI tools to automate and enhance tasks such as legal research, contract analysis, drafting, due diligence, and other complex legal workflows. The company works with law firms and enterprises to help legal teams improve productivity and leverage AI securely.

Funding Details

Company Website: https://harvey.ai

Company: Harvey
Raised: $550M
Round: Other
Funding Date: September 9, 2026
Lead Investor: Diffusion, Lightspeed Venture Partners
Additional Investors: Sequoia, Kleiner Perkins, Andreessen Horowitz, Coatue, Conviction, Elad Gil, Evantic, GIC, Goldman Sachs Alternatives, Verified Capital, WNDR, Sapphire Ventures, Whale Rock
Software Category: Legal Technology
Source: https://www.law.com/legaltechnews/2026/09/09/harvey-announces-550m-funding-round-boosting-valuation-to-155b-/