Harvey Secures $550 Million Investment At $15.5 Billion Valuation From Leading Firms

Harvey has raised $550 million at a $15.5 billion valuation, in a round co-led by Diffusion and Lightspeed, with participation from Sequoia, Kleiner Perkins, Andreessen Horowitz, Coatue, Conviction, Elad Gil and others. CEO and co-founder Winston Weinberg said the company has surpassed $400 million in ARR and serves more than 3,000 customers, including 80% of the top 100 law firms, with the new capital going toward hiring across product, engineering, research and go-to-market, as well as compute and model training to expand its AI capabilities across legal applications, agents and models. FOUNDERS: Winston Weinberg & Gabriel Pereyra INVESTORS: Diffusion, Lightspeed, Sequoia, Kleiner Perkins, a16z, Coatue, Conviction, Elad Gil, Evantic, GIC, Goldman Sachs Alternatives, Whale Rock, WndrCo, Sapphire & Verified Capital AMOUNT: $550,000,000 VALUATION: $15,500,000,000 HQ: San Francisco, California #VentureCapital #Harvey #WinstonWeinberg #TradedVC

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Clay Secures $115 Million In Series D Funding Led By Wellington Management At $7.1 Billion ValuationClay raised $115 million in a Series D led by Wellington Management at a $7.1 billion valuation, bringing the company into its next phase focused on building a self-learning revenue engine that predicts and executes the next best actions for businesses. Co-founder Varun Anand said Clay will expand beyond GTM data and infrastructure into AI-driven recommendations across marketing, sales and product strategy, while launching a $1 million scholarship fund to train the next generation of go-to-market engineers. FOUNDERS: Varun Anand & Cole Turner INVESTOR: Wellington Management ROUND: Series D AMOUNT: $115,000,000 VALUATION: $7,100,000,000 HQ: New York, New York #VentureCapital #Clay #VarunAnand #ColeTurner #TradedVC

Sydney Sweeney Invests As Equity Partner In Sports Prediction Platform Novig Valued At $500 MillionSYDNEY SWEENEY IS BETTING ON SPORTS PREDICTION MARKETS. The actress has invested in Novig, joining the sports prediction platform as an equity partner ahead of the fall and winter sports season. Novig was most recently valued at roughly $500M after raising a $75M Series B, bringing total funding to more than $105M. The company lets users trade sports outcomes directly against one another rather than betting against a traditional sportsbook, and reported 10x growth in trading volume in 2025. Sweeney is also helping lead Novig’s new “Just Sports” campaign across TV, streaming, social, digital, and out-of-home. Novig is backed by Pantera Capital, Multicoin Capital, Makers Fund, Forerunner, NFX, Y Combinator, Lux Capital, and others. Celebrity endorsements are increasingly becoming equity ownership.