In Brief

Posted:

8:27 AM PDT · March 25, 2026

Image Credits: Harvey

One of the blockbuster hits of the AI age is, without a doubt, legal tech startup Harvey . On Wednesday, the company confirmed that it had closed a new raise at an $11 billion valuation, after reports circulated last month that it was working on another monster round.

The company confirmed it inhaled $200 million from this round, co-led by returning investors Singapore’s GIC and Sequoia. Existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins also participated.

With this new funding, the company has raised more than $1 billion in total, and its valuation jumped over 3.5x in a year. Harvey was valued at $8 billion from a round announced in December, led by Andreessen Horowitz.…