Harvey on Thursday confirmed it closed a round of funding, led by Andreessen Horowitz, that values the legal AI startup at $8 billion after reports of the funding leaked in October. The startup raised $160 million in the round. This latest capital infusion came just months after it raised a $300 million in a Series […]
Legal AI startup Harvey confirms $8B valuation Read More »
Legal AI might not sound like the sexiest category in Silicon Valley, yet Harvey‘s CEO Winston Weinberg has captured the attention of virtually every top-tier investor in the Valley. The company’s backers read like a who’s who of venture capital: the OpenAI Startup Fund (its first institutional investor), Sequoia Capital, Kleiner Perkins, Elad Gil, Google
In this episode, TechCrunch’s editor-in-chief Connie Loizos and StrictlyVC’s Alex Gove sit down with Winston Weinberg, co-founder and CEO of Harvey, the legal AI startup that’s quietly become one of the most talked-about companies in Silicon Valley. Winston shares the origin story of how a first-year associate at legal giant O’Melveny used GPT-3 for Dungeons
Why Harvey’s hardest problem isn’t AI, it’s multi-entity collaboration Read More »
Solo VC investor extraordinaire Elad Gil said on stage at TechCrunch Disrupt that AI has been one of the least predictable tech booms he’s ever seen. Gil is on the cap table of virtually every hit company of the past decade, including many of today’s leading AI companies. Still, he thinks that over the last
Elad Gil on which AI markets have winners — and which are still wide open Read More »
The Trump administration has begun taking direct equity stakes in American companies, not as temporary crisis measures, as in 2008, but as permanent fixtures of industrial policy. The moves raise interesting questions, including what happens when the White House appears on your cap table. At TechCrunch Disrupt in San Francisco last week, Sequoia Capital’s global
On Monday, Clio, a 17-year-old Canadian law firm management software company, announced that it has agreed to acquire vLex, a 26-year-old legal data intelligence platform, in a $1 billion cash-and-stock deal. The announcement comes about a year after Clio’s massive $900 million funding round, which nearly doubled the Vancouver, British Columbia-based company’s valuation from $1.6
Legal software company Clio drops $1B on law data giant vLex Read More »
Harvey AI, a startup that provides automation for legal work, has raised $300 million in Series E funding at a $5 billion valuation, the company told Fortune. The round was co-led by Kleiner Perkins and Coatue, with participation from existing investors, including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia. The financing comes just four months
Four months after a $3B valuation, Harvey AI grows to $5B Read More »
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. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in
Harvey reportedly in discussions to raise $250M at $5B valuation Read More »
Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI’s, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund is an OpenAI-associated fund to
Anthropic, Google score win by nabbing OpenAI-backed Harvey as a user Read More »
Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture arm. The tranche, which also had participation from heavy-hitting angels and VCs OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel, brings Harvey’s total raised to
OpenAI-backed legaltech startup Harvey raises $100M Read More »
