Harvey said it raised $200 million at an $11 billion valuation, extending its position as one of the most heavily funded startups in legal AI.

The company's valuation has climbed dramatically from roughly $1.5 billion in mid-2024. GIC and Sequoia Capital co-led the round, with Andreessen Horowitz, Coatue, and Kleiner Perkins also participating.

That brings Harvey's total funding above $1 billion. The company said the new capital will support broader AI-agent capabilities and expansion of its global legal-engineering organization.

Harvey says its platform already runs more than 25,000 custom AI agents across legal workflows such as M&A, due diligence, contract drafting, and document review, with usage moving toward more complex multi-step tasks.

A major focus is long-horizon legal agents that can manage work lasting weeks or months rather than answering isolated prompts. The company argues that legal work increasingly requires agentic systems, not just assistant features.

Harvey also emphasizes source-grounded responses, using agentic retrieval and document-backed outputs instead of chat-only answers. It has built credibility through partnerships and beta programs with major law firms and PwC.

The company says more than 1,300 organizations and over 100,000 lawyers across 60 countries now use the platform, reinforcing the view that legal AI is evolving from productivity software into operational infrastructure.