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Four months after a $3B valuation, Harvey AI grows to $5B
The round, which comes just four months after $300 million Series D, was co-led by Kleiner Perkins and Coatue.
Harvey AI, a startup that provides automation for legal work, has raised $300 million in Series E funding at a $5 billion valuation, the company told Fortune. The round was co-led by Kleiner Perkins and Coatue, with participation from existing investors, including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia. Some of Harvey’s competitors include older legal startups, such as 10-year-old Ironclad and 17-year-old Clio, which raised a$300 million round at a $3 billion valuation last year.
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