Harvey has closed a $200m funding round at an $11bn valuation, co-led by returning investors GIC and Sequoia. Andreessen Horowitz, Coatue, Kleiner Perkins and a handful of other existing investors also participated.

The raise takes Harvey's total funding past $1bn and marks a rapid step up from its $8bn valuation just months ago, when Andreessen Horowitz led a $160m Series F in December.

The raise reflects a broader shift in what legal AI actually means in practice.

The chatbot era, put something in, get something back, is giving way to agents that run complex, multi-step workflows from start to finish. Due diligence, contract drafting, document review, fund formation.

Less back-and-forth, more end-to-end.

"AI isn't just assisting lawyers. It's becoming the system through which legal work gets done," said Winston Weinberg, CEO and co-founder of Harvey. "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."

Sequoia partner Pat Grady called co-leading three rounds in the same company rare.

"Co-leading three rounds in the same company is rare for Sequoia and reflects conviction that has only grown stronger since we first partnered at the Series A. More than 100,000 lawyers around the world run their most critical work on Harvey, and we believe it's positioned to become one of the most important companies of the next decade."

More than 100,000 lawyers across 1,300 organisations in 60 countries now work on the platform.

Harvey counts more than half of the AmLaw 100 as customers, alongside 500+ in-house legal teams and dozens of asset managers.

Recent wins include NBC Universal, HSBC, Corrs Chambers Westgarth, DLA Piper and McCann Fitzgerald, which has gone firmwide.

In Australia + New Zealand, 25,000+ custom agents are already running across 55 customers, with the company flagging long-term commitment to the APAC market.

Source: Harvey