Harvey Raises $300 Million In Series E Round At $5 Billion Valuation Led By Kleiner Perkins

Harvey, a legal AI startup, has successfully raised $300 million in a Series E round at a valuation of $5 billion. This investment was co-led by Kleiner Perkins and Coatue, with participation from various investors including Sequoia, GV, and OpenAI Startup Fund.

Summary of transaction details:

• Deal Type: Series E
• Transaction Amount: $300,000,000
• Valuation: $5,000,000,000
• Notable Investors: Kleiner Perkins, Coatue, Sequoia, GV, DST Global, OpenAI Startup Fund

Founded just three years ago, Harvey is co-founded and led by CEO Winston Weinberg. The company provides AI solutions to over 337 legal clients across 53 countries, including major law firms and corporate legal departments. With the new funding, Harvey plans to double its headcount and expand its offerings into adjacent professional services such as tax accounting.