https://www.lawnext.com/2023/04/harvey-ai-raises-21m-in-a-series-a-round-led-by-sequoia.html

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By: Robert Ambrogi
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Home Harvey AI Raises $21M In A Series A Round Led By Sequoia

Harvey AI Raises $21M In A Series A Round Led By Sequoia

Harvey AI Raises $21M In A Series A Round Led By Sequoia
By Bob Ambrogi on April 26, 2023
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The generative AI legal tech startup Harvey has raised $21 million in
a Series A funding round led by Sequoia Capital. 

When I first wrote about Harvey in November, the previously stealth
startup had just emerged with news that it had raised $5 million in
funding led by the startup fund of OpenAI, the company that is the
developer of the GPT AI technology. 

In February, Allen & Overy, one of the world's largest law firms, 
announced that it had integrated Harvey into its global practice,
where it would be used by more than 3,500 lawyers across 43 offices
operating in multiple languages.

Then, in March, PwC announced a global partnership with Harvey,
providing PwC's Legal Business Solutions professionals exclusive
access among the Big 4 to Harvey's platform.

Now, Sequoia has confirmed previous reports that it has led a $21
million round of funding for Harvey, all while the product has yet to
become commercially available except by invitation.

"Harvey is the first and best instantiation of a new breed of
company: the AI super app," Sequoia partners Pat Grady and Charlie
Curnin wrote on Sequoia's website. "Harvey is in the business of
giving people superpowers. First, lawyers. Next, professional
services. Eventually, all of knowledge work."

Harvey was founded last year by Winston Weinberg, formerly an
associate at law firm O'Melveny & Myers, and Gabriel Pereyra,
formerly a research scientist at DeepMind and a machine learning
engineer at Meta AI, and claims to have been the first company built
on top of GPT-4. 

"We at Sequoia are delighted to be in business with Gabe, Winston and
the entire team at Harvey," Grady and Curnin wrote. "We look forward
to helping them unlock the power of LLMs at work and, in doing so,
usher in a new era of superhuman productivity."

Photo of Bob Ambrogi Bob Ambrogi

Bob is a lawyer, veteran legal journalist, and award-winning blogger
and podcaster. In 2011, he was named to the inaugural Fastcase 50,
honoring "the law's smartest, most courageous innovators, techies,
visionaries and leaders." Earlier in his career, he was
editor-in-chief of several legal publications, including The National
Law Journal, and editorial director of ALM's Litigation Services
Division.

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Robert J. Ambrogi

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Bob Ambrogi is a lawyer and journalist who has been writing and
speaking about legal technology and innovation for more than two
decades. He writes the award-winning blog LawSites, is a columnist
for Above the Law, hosts the podcast about legal innovation, LawNext,
and hosts the weekly legal tech journalists' roundtable, Legaltech
Week.

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