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Harvey reportedly in discussions to raise $250M at $5B valuation


Harvey AI is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported

Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Harvey has enjoyed fast growth as lawyers and legal firms around the world find ways to use generative AI tech to simplify research, documentation, and quickly examine their data. The report did not mention if the Open AI Startup Fund, which backed Harvey early in its life, would also invest in this round.

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