Harvey, the San Francisco-based legal AI startup, has secured $150 million in fresh funding from Andreessen Horowitz, catapulting its valuation to $8 billion.
This marks Harvey's third major funding round in 2025 alone, with total capital raised this year approaching $750 million—an unprecedented velocity in legal tech.
What Is Harvey? AI Copilot for Legal Professionals
Harvey (officially Counsel AI) develops generative AI tools designed to automate complex legal work. The platform analyzes contracts, drafts legal documents, summarizes case law, and provides litigation insights using natural language processing.
Law firms and corporate legal teams use Harvey to accelerate research, reduce manual documentation, and enhance analytical work.
The platform currently serves 330+ law firms across 50+ countries, generating $75 million in annualized recurring revenue as of April 2025. Harvey's AI Assistant includes citations and verification features, addressing a critical gap in legal tech adoption—ensuring accuracy and auditability.
Andreessen Horowitz Series F: Strategic Timing
Harvey's $8 billion valuation represents a 60% increase since June 2025 (Series E at $5 billion) and a 167% jump since February 2025 (Series D at $3 billion).
This explosive growth reflects surging institutional confidence in legal AI and Harvey's market-leading position. A16z's investment signals a broader venture capital appetite for enterprise AI platforms solving high-value knowledge work.
Legal professionals bill $200-400 per hour; even 10% efficiency gains generate massive ROI, making legal AI an unstoppable institutional trend.
Harvey Funding History: Rapid Scale
| Round | Amount | Valuation | Investor | Date |
|---|---|---|---|---|
| Pre-Seed | Undisclosed | – | Angel | 2022 |
| Series A | $25M | $250M | Sequoia, OpenAI Fund | 2023 |
| Series B | $81M | $1.05B | Kleiner Perkins, Coatue | Late 2023 |
| Series C | $100M | $1.5B | GV, Sequoia, OpenAI Fund | Jul 2024 |
| Series D | Undisclosed | $3B | EQT, Coatue | Feb 2025 |
| Series E | $300M | $5B | Kleiner Perkins, Coatue, GV | Jun 2025 |
| Series F | $150M | $8B | Andreessen Horowitz | Oct 2025 |
⭐ Total Funding Raised: $656M+
Legal AI Market: Strategic Positioning
The new capital accelerates Harvey's expansion into adjacent practice areas beyond litigation—intellectual property, regulatory compliance, and corporate transactions.
Harvey also deepens integrations with major cloud providers and LLM providers like OpenAI. International expansion remains a priority, with presence across 50+ countries.
The company recently hired top talent from major law firms and tech companies, bolstering product and go-to-market capabilities.
Harvey Performance & Market Metrics
Leadership: Legal Expertise Meets AI Innovation
The founder combination—legal expertise + AI research pedigree—remains rare and valuable in enterprise software.
What's Next for Harvey?
Product roadmap focuses on real-time litigation support, automated contract negotiation, and jurisdiction-specific compliance automation. International expansion into APAC and European markets accelerates with new capital.
Execution risk centers on product reliability (legal work requires extreme accuracy) and competitive pressure from established legal tech players pivoting to AI.
Connect with Harvey
| Platform | Link |
|---|---|
| Official Website | harvey.ai |
| LinkedIn Company | linkedin.com/company/harvey-ai |
| Twitter/X | @HarveyAI |
