Harvey has closed a $200m round at an $11bn valuation, co-led by returning investors GIC and Sequoia.

It is a rapid step up from the $8bn valuation Andreessen Horowitz put on the company just months ago in a $160m Series F.

For Australia, the money has a clear mandate.

Harvey opened its Sydney office in September last year. It now has 25 people on the ground servicing customers across APAC, with a Singapore office following in June. The raise, which counts Singaporean sovereign wealth fund GIC as a co-lead, signals that APAC is more than a footnote in Harvey's growth story.

"This raise helps us to even further invest in the region," said Ashleigh Whittaker, Harvey's Australian Country Manager and GTM head, told Point Blank. "That means building out our local team and capacity with legal engineers — lawyers that really come in and know what it means to do M&A work, litigation work or in-house corporate work in Australia."

That localisation push is backed by BigLaw Bench Australia, a recently announced initiative that evaluates every frontier AI model against Australian-specific legal tasks, routing each to the best available model for local work.

Custom agents are the other major piece.

Harvey's customers across Australia and New Zealand have already built 25,000 of them, embedding firm-specific processes, precedents and know-how directly into the platform. Critically, that is not just a large-firm story. Whittaker said many of Harvey's earliest Australian customers were mid-market firms and in-house teams, with government also a major focus for the AI giant.

"This investment means that we can really support customers across the spectrum," she said.

CEO Winston Weinberg framed the broader strategic shift. "AI isn't just assisting lawyers. It's becoming the system through which legal work gets done. The law firms and in-house teams leading the way are building agents that execute complex workflows so lawyers can focus on judgment, strategy, and outcomes."

In practice, that shift is already visible in how Australian firms are working. Harvey's Shared Spaces tool allows lawyers, clients, barristers and outside advisors to collaborate in real time within a single matter-specific environment, combining human judgment with AI and custom agent intelligence simultaneously — replacing what Whittaker described as the historically fragmented nature of legal work.

Australian firms have been quick to adopt. Harvey's local roster includes Mallesons, Ashurst, HSF Kramer, and Corrs Chambers Westgarth, with 55 customers live across Australia and New Zealand.

Whittaker said the pace of Australian adoption has been notable even by global standards, with local firms consistently among the first to join early access programs and feed back into Harvey's product roadmap.

"It's got Australian fingerprints all over it," she said.

The direction of travel, she suggested, points to Australia playing an outsized role in demonstrating what the next era of legal work actually looks like.

"All early signs are really demonstrating that they're going to be the ones showing what innovation means when we move into this systems approach of collaboration."

Source: Harvey