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Fortune
Fortune
Sharon Goldman

Exclusive: Legal AI startup Harvey lands fresh $300 million in Sequoia-led round as CEO says on target for $100 million annual recurring revenue

Harvey, a San Francisco AI startup focused on the legal industry, has raised $300 million in a funding round led by Sequoia that values the startup at $3 billion — double the amount investors valued it at in July.

The Series D funding round builds on the momentum of the three-year old startup, which was founded by a former lawyer and a Google AI researcher, and reflects investors' enthusiasm for AI tools that have succeeded in making inroads with business customers.

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